Category Archives: Europe

OECD says, German economy on track 0

After a long time German export and industrial business is recovering in the economy. Leading for growth in eurozone powerhouse on track. Despite the unfortunate May data of Germany, the Organisation for Economic Cooperation and Development (OECD) said in its monthly report that the German development is getting back on track. The portrait of eurozone […]

Greece gets a multi-billion dollar lifeline aid from European Union 0

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 […]

EU to Spend 8 billion Euro to Fight Against Unemployment… 0

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 […]

EU, Morocco Sign Agreement On Migration And Mobility Partnership 0

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, European Commissioner for Internal Affairs; Saad dine El Otmani, the Moroccan Minister for Foreign Affairs and Cooperation and the Ministers responsible […]

EU-Ukraine Visa Facilitation Agreement Takes Effect 0

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, […]

IMF Report says that the Spain’s Banking Reform is on track 0

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 […]