EU to cease Greek budget surveillance, marking end of debt crisis
14 August 2022 | 10:56 am
The European Commission said that Greece had delivered on the bulk of its fiduciary commitments, marking a formal end to the debt crisis that began in 2010 and led to friction between Athens and European creditors.
At the most recent EU leaders’ summit last week, much of the talk was focused on the future of the European Union, particularly its potential enlargement. Varying degrees of assurances on possible membership were given to Ukraine, Moldova and to a different degree, the Western Balkans states. EU leaders gave less attention to the future of the bloc as sketched out by citizens during a year-long process called the Conference on the Future of Europe.
France is handing over the baton of the Presidency of the Council of the European Union to the Czech Republic. It’s a rotating role that every EU member state holds in turn for six months – meaning that with 27 member states, it only comes around once every 13 and a half years.
The country's main opposition party has led protests against a proposal to integrate Bulgarian minority rights. Such a move would be necessary to continue EU accession talks.
EU leaders meeting in Brussels are expected to grant Ukraine and Moldova official candidate status for membership to the bloc. But that has soured several Western Balkan states which applied for candidacy years ago. Now they're demanding real progress, not just promises.
The European Parliament voted to make abortion a fundamental right in the 27-nation bloc. The move is a reaction to the US Supreme Court overturning Roe v. Wade.
Before publishing its newest economic forecast Thursday, the Eurogroup is addressing issues driving policy. Coronavirus, supply chains and Russia's war on Ukraine are just some of the headaches they are dealing with.
The European Union's financial assistance will come in the form of a loan. The United States has also announced an additional $1.7 billion in assistance to Ukraine.
The European Commission said Russia can continue rail — but not road — transit of sanctioned goods to Kaliningrad as long as they don't serve military purpose.
Amazon has offered to "refrain" from using the data of competitors after the EU accused the US retail and tech giant of collecting the information to benefit itself at the expense of its rivals.
North Macedonia's Assembly voted in favor of France's proposal to open the door to talks to join the European Union. The proposal will help overcome Bulgaria's objections to the prospect of North Macedonian membership.
In light of Russia's assault on Ukraine, concerns about China's willingness to attempt a military invasion of Taiwan are running high — especially if Moscow proves victorious.
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