EU Council

Tusk says Greece, lenders close to concluding bailout review

Greece and its international lenders are close to concluding a long-stalled bailout review, EU Council President Donald Tusk said on Wednesday.

"We are close to concluding this demanding procedure," said Tusk after meeting Greek Prime Minister Alexis Tsipras in Athens. "We have to be contained on optimism but I feel more optimistic."

EU's Tusk Fails to Budge Macedonia's President

A tete-a-tete between EU Council President Donald Tusk and Macedonian President Gjorge Ivanov in Skopje ended without a breakthrough after Tusk failed to persuade Ivanov to award a mandate for the formation of a new government to the opposition Social Democrat leader Zoran Zaev.

Zaev and his coalition allies have mustered a majority in Macedonia's parliament.

Turkey-EU tension endangers upgrade to customs union

Ongoing tension between Ankara and Brussels could further complicate the launch of technical negotiations to upgrade a customs union agreement to the advantage of both sides, Turkish and European diplomats have admitted, revealing that a Turkey-EU summit at the leaders' level planned for May or June will not happen until the end of the year. 
 

Expenses for Bulgaria's EU Presidency To Exceed BGN 50 M for 2017

The expenditures for the preparation of the Bulgarian Presidency of the Council of the European Union will exceed the limit of BGN 50 M allocated for this year and the amount will be altered, announced Yana Doncheva, director of the National Centre for Preparation of the Presidency of the EU Council.

Angela Merkel Calls for 'Multi-Speed Europe'

German Chancellor Angela Merkel said late on Monday that the European Union will have problems if do not allow individual members to participate in various degrees of integration with each other.

Merkel made the comment in Paris after a meeting with the leaders of the four largest economies in the Eurozone - Germany, France, Italy and Spain.

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