Portugal
PM Ponta: European Commission imbalance procedure places Romania in honouring company
Prime Minister Victor Ponta commented on Thursday the European Commission announcement of the Macroeconomic Imbalance Procedure (MIP) for Romania by pointing out it places the country in the 'honouring company' of Belgium, the Netherlands, the United Kingdom, Sweden and Finland.
Photo credit: (c) Angelo BREZOIANU / AGERPRES PHOTO
German 7-yr bond yields fall below zero as QE nears
By John Geddie
German borrowing costs out to seven years fell below zero for the first time and Italian yields dipped ahead of an auction on Thursday in further signs of frantic investor demand for euro zone government debt.
European Commission opens macroeconomic imbalance procedure for Romania
The European Commission has decided to start the macroeconomic imbalance procedure (MIP) for Romania (and Portugal), two of the 16 countries identified in November 2014 as recording economic imbalances, the EC announced on Wednesday in a press release.
Photo credit: (c) ZHOU LEI / XINHUA
Econ expert: "You can't turn Greece into Sweden overnight"
Economic expert Guntram Wolff detailed the prospects and risks facing Greece in the long run, speaking to DW this week.
Asked if Greece is a special case and different from Spain, Portugal and Ireland, the Brussels-based analyst says:
Juncker: It is not politically elegant for PM to insult the Germans
According to the European Commission President Jean-Claude Juncker Greece can not raise the minimum wage, as it is extremely difficult for Spain, Ireland and Portugal to grant such privileges since they don't apply to themselves.
Greek bonds may lead periphery higher after funding deal struck
Eshe Nelson & David Goodman
Greece?s government bonds may open higher this week after euro-area finance ministers agreed to extend the nation?s bailout funds for four months, avoiding a cash crunch that threatened to push it out of the currency bloc.
Bulgaria 23rd in EU by EU Funds Absorption
Bulgaria ranks 23rd by EU funds absorption in the 28-nation bloc, according to statistics published by the European Commission's Directorate General for Regional Policy on the 2007-2013 programming period.
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Portugal spurns Tsipras call after bailout exit
By Joao Lima
Greece?s new Prime Minister Alexis Tsipras won?t get much sympathy from Portugal for his debt-relief call.
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Why Germany might not be bluffing with Greece
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Germany: Greece's Bailout Extension Proposal Is ''Trojan horse''
A meeting of eurozone financial ministers is scheduled for Friday, in order for a solution to be reached for the crisis in Greece.
Informal division has been observed, as Germany largely relies on the support of Finland and Netherlands, and perhaps Portugal and Spain that have already taken the bailout road, but never had the chance to renegotiate.