Regular readers will know that FinancialGuy has a “bee in his bonnet” about the Innovation Union. This is largely caused by a sense of despair. It seems clear that for Europe to build the economy that we need to see, an economy that can pull us fro…
Solutions from Slovakia on the Eurozone Crisis Directed utilization of a mix of instruments 1.) Restructuring parts of debt forgiveness (15-20%) 2.) Internal devaluation (20-25%) 3.) Measures by the Greek government for more effective tax collection and elimination of unproductive expenditures. 4.) Bridging loans from Eurozone mechanisms and the IMF. Together the above form a… » read more
I really like the title by EurActiv France: “Schengen : la France opportuniste“. By introducing de facto border controls at its borders with Italy, France created a huge political turmoil. But the bad example is always contagious. When Denmark did something worse, announcing it would re-introduce border controls at all its borders, France appeared as […]
With a European Council summit and the prospect of another eurozone bailout high on the agenda, it seemed fitting that there was a mass rally against UK public sector spending cuts in central London yesterday.
The new Hungarian constitution will be ready on 15 March and will be adopted a month later, its main author MEP József Szájer, who wrote part of it on his iPad, told me in an interview.
For Greece, it all started in late 2009. One bright day around mid-November, the now ruling Socialist government of G. Papandreou decided to take Greece out of the closet and reveal the true size of Greece’s deficit to the world. The funny thing is, back then no one was really shocked. “Greek statistics”, the constant… » read more
The retiring President of the German Central Bank, Axel Weber, has most recently warned German citizens that the recent and still ongoing German “boom” will be followed by meagre years with the Gross National Product growing by a mere one percent annually, leaving very little room for wage increases.
OVER THE past five years, the US has witnessed a spectacular revival of its gas production thanks to newly developed technologies allowing the extraction of gas by injecting water and chemicals under high pressure and crushing rocks that contain gas at depths of several hundreds (or even thousands) of meters. Today, shale gas amounts to… » read more
Many youth decide to follow the courses of an educational institution without knowing if that particular career fits their personality or not. Furthermore, most of the theoretic courses don’t prepare students for the real-life experience of a certain profession.
Franco-German plans for a Competitiveness pact, which were put forward at the last EU summit have been met with great skepticism but done right, they could help address key areas of structural weaknesses.
One result of Europe’s economic crisis is the newfound willingness to abandon the softly-softly approach to consensus decision making. A microcosm of this phenomenon can be seen in efforts to agree a single European patent.
They bottled it: EU leaders were due to talk about ways to improve Europe’s hotpotch intellectual property regime on Friday but thought better of it. By the time EU leaders had spent hours over lunch talking about the euro (and drafting a weak statement on Egypt) few were in the mood.
Innovation is recognized as one of the fundaments of economic development. The machine tool industry is the engine for virtually all manufacturing activities and, to a large extent, enables other sectors to be innovative. The future of Europe’s economic importance and security is highly dependent on the competitive edge that we can bring to the… » read more
The UK is not the only country where opinions on medicines can be challenged in court. In France, Astellas Pharma, a Japanese multinational pharmaceutical company has filed a lawsuit in Paris against the independent French medical journal, Prescrire, for publishing unfavorable comments about their anti-eczema ointment, tacrolimus (brand name – Protopic). The case arises from… » read more
As mentioned in my previous post (The Innovation Union Will Require Public And Private Money), I had the role of Moderator this week at an event about Venture Capital held in Brussels by Eureka. The overall aim was to help bring together some members of the Eureka network, EU policy makers and some involved in… » read more