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EU pushes Google to open Android to rival AI services in landmark digital markets move

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Polish public broadcaster expands foreign news reach with Georgian-language service

Polish public broadcaster expands foreign news reach with Georgian-language service Polish public broadcaster expands foreign news reach with Georgian-language service
  Poland’s public broadcaster has launched a new Georgian-language news service as part of a broader push to expand its international...
Read More...

European households see modest income gains as spending continues to rise

European households see modest income gains as spending continues to rise European households see modest income gains as spending continues to rise
  Households across the euro area and the wider European Union closed 2025 with a slight but steady improvement in their financial situation,...
Read More...

EU pharmaceutical exports drive record employment, supporting over 926,000 jobs

EU pharmaceutical exports drive record employment, supporting over 926,000 jobs EU pharmaceutical exports drive record employment, supporting over 926,000 jobs
  In 2023, the European Union’s pharmaceutical exports reached a new milestone, supporting approximately 926,000 jobs across the bloc....
Read More...

EU pushes Google to open Android to rival AI services in landmark digital markets move

EU pushes Google to open Android to rival AI services in landmark digital markets move EU pushes Google to open Android to rival AI services in landmark digital markets move
  The European Commission has stepped up its enforcement of the Digital Markets Act (DMA), sending preliminary findings to Google that...
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Kyrgyzstan seeks talks with EU after being caught in Russia sanctions net

Kyrgyzstan seeks talks with EU after being caught in Russia sanctions net Kyrgyzstan seeks talks with EU after being caught in Russia sanctions net
  Kyrgyzstan has called for open and depoliticised dialogue with the European Commission after the European Union expanded its latest sanctions...
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A Royal bloom: Queen Mathilde honoured with exclusive azalea at Ghent Floraliën 2026

A Royal bloom: Queen Mathilde honoured with exclusive azalea at Ghent Floraliën 2026 A Royal bloom: Queen Mathilde honoured with exclusive azalea at Ghent Floraliën 2026
  Belgium’s beloved monarch Queen Mathilde will be honoured with a unique floral tribute at the upcoming Ghent Floraliën 2026, as a...
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Dutch monarchy holds firm support despite growing cost concerns

Dutch monarchy holds firm support despite growing cost concerns Dutch monarchy holds firm support despite growing cost concerns
  Public support for the Dutch monarchy remains steady in 2026, even as criticism over its expenses continues to rise, according to the...
Read More...

EU roads grow safer, but regional gaps persist in 2024 fatality report

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  A modest but meaningful improvement in road safety was recorded across the European Union in 2024, as new data shows a continued decline...
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Belgium seeks balance in China ties as Foreign Minister heads East for high-stakes talks

Belgium seeks balance in China ties as Foreign Minister heads East for high-stakes talks Belgium seeks balance in China ties as Foreign Minister heads East for high-stakes talks
  Belgium’s Foreign Minister Maxime Prévot is set to embark on a five-day diplomatic mission to China, aiming to deepen cooperation...
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AfD surges to historic high, overtakes Germany’s governing conservatives in new poll

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Greece's Parliament was sworn in Wednesday (July 17) after July 7 elections that saw a broad conservative victory end over four years of leftist rule.

The six-party Parliament will officially begin its functions after electing a Speaker on Thursday.

New Prime Minister Kyriakos Mitsotakis' conservative government has made boosting sluggish growth a priority, powered by tax cuts and accompanied by privatisation deals.

The 51-year-old Harvard graduate and former McKinsey consultant has also pledged to create jobs and get rid of obstacles to business.

Mr Mitsotakis will outline his government's policies at the weekend before a vote of confidence late on Sunday.

His New Democracy party has 158 lawmakers in the 300-seat chamber.

The Greek debt agency said it had raised €2.5 billion (S$3.82 billion) in the sale, while the prime minister said the yield of 1.9 per cent was a "record low".

A previous seven-year sale in February 2018 had a yield of 3.5 per cent amid world market volatility.

Starting in 2020, Mr Mitsotakis has promised to cut a hated property tax called ENFIA - brought in by a previous New Democracy-led government during the economic crisis - by 30 per cent over two years.

REFORMS PACKAGE

He has also offered to reduce income tax thresholds and to gradually cut tax on business profits by 8 per cent.

But just hours after his July 7 victory, euro zone finance ministers warned the new government to stick to the country's strict public spending commitments.

"We must keep our commitments, this is the only way I know to gain credibility," said Eurogroup chief Mario Centeno.

On Tuesday, the euro zone's bailout fund director and a key EU official overseeing Greece's debt repayments, Mr Klaus Regling, suggested that tax cuts be coupled "with a broader tax base".

In a meeting with Regling later on Tuesday, Mr Mitsotakis "confirmed that Greece would respect fiscal targets", the prime minister's office said.

During the election campaign, Mr Mitsotakis said he would persuade Greece's creditors to accept the easing of targets with "a comprehensive reforms package".

The current framework negotiated with creditors by the previous leftist Syriza government holds Greece to a primary budget surplus of 3.5 per cent to 2022 - but the conservatives say that target stifles growth.

There are two fewer parties in Parliament than in the previous chamber, but two of them are new - Greek Solution, a nationalist party formed by TV salesman Kyriakos Velopoulos, and MeRA25, an anti-austerity party founded by maverick economist and Mr Tsipras's former finance minister Yanis Varoufakis.

"We are here to say a massive 'no' to whatever strengthens (Greece's debt burden)," Mr Varoufakis, whose party elected nine lawmakers, said before being sworn in on Wednesday.

In contrast, neo-Nazi party Golden Dawn was shut out of Parliament for the first time since 2012.

Golden Dawn, until recently Greece's third-ranking party, is in disarray amid an ongoing trial for the 2013 murder of an anti-fascist rapper, allegedly carried out with the knowledge of senior Golden Dawn members.afp

 

deneme