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Christine Lagarde Addresses European Parliament on ECB Annual Report and Euro Area Resilience

In a pivotal speech delivered at the European Parliament plenary session in Strasbourg on 26th February 2024, Christine Lagarde, President of the European Central Bank (ECB), expressed gratitude to the Parliament for its collaborative efforts in navigating Europe through economic challenges…

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Evaluating the EU’s Position and Challenges Ahead for the 13th WTO Ministerial Conference

As the World Trade Organization (WTO) gears up for its 13th Ministerial Conference (MC13), the European Union (EU)’s stance and proposals have emerged as pivotal talking points. The EU’s vision, while ambitious, also opens up a spectrum of discussions on the feasibility, inclusivity, and…

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Which national symbols did countries choose for their Euro?

Croatia

From January 1, 2023, Croatia adopted the Euro as its national currency. Thus, the country that entered the European Union last became the twentieth country to introduce the single currency.

The country has chosen four designs for the national side of the euro coins, with the…

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European Sikh Organization Condemns Use of Force Against Indian Farmers’ Protest

Brussels, February 19, 2024 – The European Sikh Organization has issued a strong condemnation following reports of excessive force used by Indian security forces against farmers protesting in India since February 13, 2024. The farmers, who have been demanding the implementation of Minimum…

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Nexo’s claim against Bulgaria turned out to be over 3 billion dollars

The claim of “NEXO” against Bulgaria, the Ministry of Finance and the Prosecutor’s Office turned out to be over 3 billion dollars. This is clear from the digital asset company’s announcement to the media at the end of January.

“The size of the arbitration claim is determined by the…

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The Bulgarian National Bank has completed the process of coordinating and approving the design of the Bulgarian Euro coins

The Bulgarian National Bank (BNB) has officially announced that it has completed the process of coordinating and approving the design of the Bulgarian euro coins. The final step in this process involved the approval of the EU Council, which was received earlier this month. All EU member states…

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Russia refuses to import bananas from Ecuador because of an arms deal with the US

It has started buying the fruit from India and will increase imports from there

Russia has started buying bananas from India and will increase imports from that country, the Russian Veterinary and Phytosanitary Control Service Rosselhoznadzor reported, as quoted by Reuters. The decision…

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For the first time in Europe: simultaneously 3 planes can take off from Istanbul Airport

An American magazine honored Istanbul Airport with 5 awards in December 2023.

The airport has connections to 315 destinations, making it the best airport in the world. It was named “Airport of the Year” for the 3rd time in a row.

Istanbul Airport was deemed worthy of awards in 5…

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Election Year Needs to be a Fresh Start for EU and Indonesia

In November 2023, negotiations between the EU and Australia for a Free Trade Agreement (FTA) collapsed. This was primarily due to stringent demands from the EU on protected geographical indicators – the ability to market wines and other products as being from a particular region – as well…

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France melts down 27 million coins due to faulty design

France has melted down 27 million coins after the European Union declared that their designs did not meet requirements. The Monnaie de Paris, the country’s mint, produced the 10, 20 and 50 cent coins with a new design in November, but later found that the way the stars of the EU flag were…

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Nicola Beer appointed new Vice President of the European Investment Bank

Serving as the Vice President of the European Parliament for the Renew group until last December 31st, Nicola Beer brings a wealth of experience to her new role. She has played a part in committees focusing on economics and monetary affairs foreign affairs and industry and science. One notable…

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MEPs can get circa 18000€ monthly, A Closer Look Beyond the Numbers

As Members of the European Parliament (MEPs) navigate the complexities of legislating for the European Union, scrutinizing the financial aspects of their compensation becomes imperative when knowing they can get circa 18000 euros monthly potentially tax-free. This critical analysis not only…

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A fine of 41.7 million euros for the largest banks in Greece

The Greek Commission for the Protection of Competition has imposed the largest fine imposed so far in the amount of 41.7 million euros on several banks in Greece, the Greek TV channel Sky reported.

Piraeus Bank is obliged to pay EUR 12.9 million, National Bank of Greece – EUR 9.9 million,…

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Coal use set to record in 2023

Global coal supply is expected to hit a record high in use in 2023 on the back of increased demand from now with emerging and developing economies. This is according to a report, published by the International Energy Agency (IEA), and cited by Reuters.

This year saw an increase in demand…

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Turkey introduces non-alcoholic all inclusive in some hotels

The head of the Mediterranean Association of Hoteliers and Tour Operators (AKTOB) Kaan Cavaloglu motivated the need for this initiative with the rising costs against the background of the complex economic situation in Turkey

Representatives of the Turkish tourism industry propose to review…

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First Edition of the Forum From Us To Us Europe Brussels “How can we dialogue on our future transformations?”

On the occasion of the first edition of the International Forum From Us To Us Europe Brussels, an international conference is organized on Friday 24 and Saturday 25 November 2023 on the theme: “The promotion of acquired knowledge in the development of formal and informal entrepreneurship…

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