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Poverty in Flanders falls but nearly 490,000 residents still struggle to make ends meet

Poverty in Flanders falls but nearly 490,000 residents still struggle to make ends meet Poverty in Flanders falls but nearly 490,000 residents still struggle to make ends meet
  Nearly half a million people in Flanders were living below the poverty line in 2024, highlighting that financial hardship remains a reality...
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Over half of Europeans skipped public transport in 2024, new data shows

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Nearly 72% of EU citizens use e-government services as digital public services expand across Europe

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European Parliament condemns human rights abuses in Russia, Niger and Georgia

European Parliament condemns human rights abuses in Russia, Niger and Georgia European Parliament condemns human rights abuses in Russia, Niger and Georgia
The European Parliament has strongly condemned serious human rights violations in Russia, Niger and Georgia, adopting three separate resolutions...
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Lithuania pushes for Ukraine and Moldova to join the EU by 2030

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  Lithuania has set an ambitious goal of seeing Ukraine and Moldova become members of the European Union by the end of the decade. President...
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EU moves to simplify rules for growing “mid-cap” companies

EU moves to simplify rules for growing “mid-cap” companies EU moves to simplify rules for growing “mid-cap” companies
  The European Parliament is taking steps to support small companies as they expand, introducing a new category of “small mid-cap”...
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European culture ministers push Venice Biennale to exclude Russia amid Ukraine conflict

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  Several European culture ministers are urging the organisers of the Venice Biennale to bar Russia from participating in the upcoming...
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EU approves €260 million Belgian state aid for major carbon capture project in Antwerp

EU approves €260 million Belgian state aid for major carbon capture project in Antwerp EU approves €260 million Belgian state aid for major carbon capture project in Antwerp
  The European Commission has approved a €260 million Belgian state aid package to support a major carbon capture and storage (CCS) project...
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Latest News

Poverty in Flanders falls but nearly 490,000 residents still struggle to make ends meet

Poverty in Flanders falls but nearly 490,000 residents still struggle to make ends meet Poverty in Flanders falls but nearly 490,000 residents still struggle to make ends meet
  Nearly half a million people in Flanders were living below the poverty line in 2024, highlighting that financial hardship remains a reality...
Read More...

Over half of Europeans skipped public transport in 2024, new data shows

Over half of Europeans skipped public transport in 2024, new data shows Over half of Europeans skipped public transport in 2024, new data shows
  More than half of Europeans avoided public transport in 2024, highlighting significant differences in how people across the EU choose...
Read More...

Nearly 72% of EU citizens use e-government services as digital public services expand across Europe

Nearly 72% of EU citizens use e-government services as digital public services expand across Europe Nearly 72% of EU citizens use e-government services as digital public services expand across Europe
  Digital public services are becoming the norm across Europe, with nearly three-quarters of EU residents now interacting with government...
Read More...

European Parliament condemns human rights abuses in Russia, Niger and Georgia

European Parliament condemns human rights abuses in Russia, Niger and Georgia European Parliament condemns human rights abuses in Russia, Niger and Georgia
The European Parliament has strongly condemned serious human rights violations in Russia, Niger and Georgia, adopting three separate resolutions...
Read More...

Lithuania pushes for Ukraine and Moldova to join the EU by 2030

Lithuania pushes for Ukraine and Moldova to join the EU by 2030 Lithuania pushes for Ukraine and Moldova to join the EU by 2030
  Lithuania has set an ambitious goal of seeing Ukraine and Moldova become members of the European Union by the end of the decade. President...
Read More...

EU moves to simplify rules for growing “mid-cap” companies

EU moves to simplify rules for growing “mid-cap” companies EU moves to simplify rules for growing “mid-cap” companies
  The European Parliament is taking steps to support small companies as they expand, introducing a new category of “small mid-cap”...
Read More...

European culture ministers push Venice Biennale to exclude Russia amid Ukraine conflict

European culture ministers push Venice Biennale to exclude Russia amid Ukraine conflict European culture ministers push Venice Biennale to exclude Russia amid Ukraine conflict
  Several European culture ministers are urging the organisers of the Venice Biennale to bar Russia from participating in the upcoming...
Read More...

EU approves €260 million Belgian state aid for major carbon capture project in Antwerp

EU approves €260 million Belgian state aid for major carbon capture project in Antwerp EU approves €260 million Belgian state aid for major carbon capture project in Antwerp
  The European Commission has approved a €260 million Belgian state aid package to support a major carbon capture and storage (CCS) project...
Read More...

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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