IMF report said that the 41.3 billion euro lifeline aid offered by the European Union had helped the banks of Spain become strong. After its third visit to Madrid, IMF said that the implementation of the financial sector program remains on track.
The report was submitted by a committee, which was appointed to check the compliance of Spain towards the imposed conditions in July 2012. The committ....Read More
The agreement between the European Union and Ukraine on facilitation of issuance of visas has taken effect.On April 18, the European Parliament consented to conclusion of the Agreement between the European Union and Ukraine amending the Agreement between the European Community and Ukraine on the facilitation of the issuance of visas dated January 1, 2008, and the Council of the European Union appr....Read More
The European Union and Morocco signed a mobility partnership agreement on Friday to extend their cooperation to migration and the movement of people, it was announced Friday.
The partnership was signed by Cecilia Malmstrom,Read More
EU leaders agreed on spending 6 billion Euros over next two years to support job creation, education of young people and lending to credit-starved small business. European Union has decided to take some measures to fight against youth unemployment, a fierce indication of economic crisis which still cripples 28-member union’s economy.
EU leaders agreed on spending 6 billion Euros over next two....Read More
European Union and IMF granted a lifeline aid to Greece. However, it was told to keep all of its promises by cutting jobs in the public sector and sell the assets of the state to generate cash. The lifeline was a 6.8 billion euro deal which would be under the constant watch of the IMF and euro zone. The strong stance taken by IMF and euro zone demonstrates the decreasing patience with Greece to ke....Read More
