The EU
May 27th, 2010
Europe Wants to Move Beyond 20% Greenhouse Gas Emission Reductions
The European Commission has presented an analysis of the costs, benefits and options for moving beyond the EU’s greenhouse gas reduction target for 2020 from 20% below 1990 levels to 30% once the conditions are met. At present these conditions have not been met. This communication follows the Commission’s Communication on “How to reinvigorate international...
Mar 10th, 2010
The Future of Europe and the Euro
As the Euro crisis continues to play out in Greece and other European countries, the future of the euro is being called into question. Troubled economies face years of slow growth and deflation unless EU leaders overhaul fiscal and monetary policy.
Uri Dadush explains that Greece, Spain, Ireland, Italy, and Portugal face a “severe risk of...
Feb 19th, 2010
EU should spell out Greek support
The European Union should be more specific on how it would support Greece in a crisis, to help lower the highly indebted country’s borrowing costs now, Greek Finance Minister George Papaconstantinou said.
Concern over Athens’ ability to repay its debt mountain has shaken confidence in the euro and prompted EU leaders to issue a vague...
Feb 12th, 2010
ECB to aid EU to tackle Greece problems
The European Central Bank and the European Commission will join forces to monitor Greece and to draw up “necessary additional measures” to maintain stability in the euro zone, the ECB said on Friday.
Greece has been pounded by financial markets after revealing its 2009 budget deficit was 12.7% of the gross domestic product, more than four...
Dec 28th, 2009
Sudan ships first ethanol exports to EU
KHARTOUM (Reuters) - Sudan has begun exporting its first 5 million litres of ethanol to the European Union, at an initial price of around 450 euros a cubic metre, officials from the Kenana Sugar company said on Monday.
Kenana, Sudan’s largest sugar company, this year inaugurated the ethanol plant which aims to produce 65 million litres...
Jan 19th, 2009
The EU to Prohibit the Sale and Use of Paint Strippers Containing Dichloromethane
January 14, 2009 - European Parliament with 674 votes in favor, 17 votes against and 8 abstentions prohibited the use and sale of paint strippers containing dichloromethane.
The sale of paint strippers containing more than 0.1 percent dichloromethane will be prohibited to consumers and professionals in the industrial sites, though member states may authorize qualified professionals,...