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EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers

EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers
  The European Commission has proposed mobilising €1.6 million in EU funding to support workers affected by the bankruptcy and closure...
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EU unveils Digital Networks Act to boost connectivity investment and build a true single market

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European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing

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40 years on: how Spain and Portugal’s EU membership reshaped Europe

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EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar

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One in four young Europeans juggle work and studies as student employment rises across the EU

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EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe

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Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk

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EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031

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Latest News

EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers

EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers
  The European Commission has proposed mobilising €1.6 million in EU funding to support workers affected by the bankruptcy and closure...
Read More...

EU unveils Digital Networks Act to boost connectivity investment and build a true single market

EU unveils Digital Networks Act to boost connectivity investment and build a true single market EU unveils Digital Networks Act to boost connectivity investment and build a true single market
  The European Commission has unveiled the Digital Networks Act (DNA), a major legislative proposal designed to modernise and harmonise...
Read More...

European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing

European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing
  The European Parliament has strongly condemned Iran’s violent repression of protesters, denouncing what lawmakers describe as mass...
Read More...

40 years on: how Spain and Portugal’s EU membership reshaped Europe

40 years on: how Spain and Portugal’s EU membership reshaped Europe 40 years on: how Spain and Portugal’s EU membership reshaped Europe
  Forty years after Spain and Portugal joined what was then the European Communities, the European Parliament marked the milestone with...
Read More...

EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar

EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar
  The European Commission has unveiled an initial €1.9 billion humanitarian aid budget for 2026, sending a strong signal of commitment...
Read More...

One in four young Europeans juggle work and studies as student employment rises across the EU

One in four young Europeans juggle work and studies as student employment rises across the EU One in four young Europeans juggle work and studies as student employment rises across the EU
  Nearly one in four young people in the European Union are balancing work alongside their studies, highlighting a growing trend of early...
Read More...

EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe

EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe
  The European Commission has unveiled a new EU Anti-Racism Strategy for 2026–2030, reaffirming its commitment to building a Europe where...
Read More...

Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk

Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk
  French far-right leader Marine Le Pen on Tuesday forcefully denied accusations that her party ran an organized scheme to embezzle European...
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EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031

EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031 EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031
  The European Parliament is preparing a major renovation of its iconic Paul-Henri Spaak (SPAAK) building in Brussels, a project designed...
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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