European Union

State aid: EC approves aid for National Bank of Greece on the basis of an amended restructuring plan

The Commission concluded that the measures already implemented as part of the bank’s existing restructuring plan of July 2014, in addition to those envisaged in the amended plan, will enable National Bank of Greece to ensure lending to the Greek economy in line with EU state aid rules, in particular the “2013 Banking Communication”, and the Bank Recovery and Resolution Directive.

Frontex to Send More Guards to Greece's Border with Macedonia

The EU border agency Frontex said on Thursday that it will deploy additional guards at Greece's border with Macedonia where migrants have been stranded for more than a week now.

The deployment of additional officers, who will assist with registration of migrants, will begin next week, Frontex said in a statement.

State aid: Commission approves aid for Piraeus Bank on the basis of an amended restructuring plan

The Commission concluded that the measures already implemented as part of the bank’s existing restructuring plan of July 2014, in addition to those envisaged in the amended plan, will enable Piraeus Bank to ensure lending to the Greek economy in line with EU state aid rules, in particular the 2013 Banking Communication, and the Bank Recovery and Resolution Directive.

European Commission to increase humanitarian support to education for children in emergencies

The European Commission is set to increase in 2016 its humanitarian funding for education in emergencies to 4% of the EU’s overall humanitarian budget. The commitment was championed earlier this year by EU Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides, and has now found strong support from the European Parliament and EU Member States.

EU and Africa leaders meet in Malta to tackle migration crisis

European and African leaders will meet in Malta to enhance collaboration on the migration flow. Europe is expected to offer countries in Africa billions of euros in exchange for help with the migrant crisis.

EU Commissioner for Migration Dimitris Avramopoulos said the aim of the summit in Malta on Wednesday was to “enhance collaboration” with African countries.

800K migrants enter EU illegally this year - Frontex

About 800,000 migrants have entered the EU illegally so far this year, said the head of the EU border agency Frontex, Fabrice Leger.

In an interview for the German Bild he warned that the influx of migrants has probably not yet reached its peak and urged European states to detain those who are not granted asylum so that they could be quickly be returned to the country of origin.

Obama urges Britain to stay in EU in BBC interview

U.S. President Barack Obama told the BBC in an interview excerpt that aired on July 23 that Britain must remain in the European Union to maintain its global influence.

Britain's EU membership "gives us much greater confidence about the strength of the transatlantic union," Obama said, adding the EU had "made the world safer and more prosperous." 

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