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State aid: Commission temporarily authorises Lithuania to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised today under the State aid rules a Lithuanian scheme worth LTL 10 million (approximately EUR 2.9 million) aimed at supporting farmers who encounter difficulties as a result of the current economic crisis. more »

World Bank President Says African Poor Still Vulnerable to Crisis, Important to Create Basis for Future Growth

The effects of the global food, fuel and economic crisis would be felt by Africa’s people for some time yet and it was important to persist with efforts to protect the most vulnerable while laying the foundations for future productivity and growth, World Bank Group President Robert B. Zoellick said Tuesday. more »

Just like the herders, we must prepare ourselves for hard times

Mongolia’s herders have learnt a hard lesson this winter; a lesson that can perhaps be applied to managing Mongolia’s economy. more »

President of the Republic of Slovenia visits the ECB

The President of the Republic of Slovenia, Danilo Türk, visited the European Central Bank today. more »

DnB NORD Bankas ups initial margin ratio for repo deals

DnB NORD Bankas, the leader of the country’s in investment products market, raises initial margin ratio for repurchase deals for most actively traded Lithuanian and Estionian shares. more »

Taking Europe’s pulse

Europeans quite happy with their personal situation, but less satisfied with economic and social climate in their country. more »

Pensions, unemployment under scrutiny by Crisis Committee

With over 23 million unemployed in the Europe Union and the jobless figure having risen in every member state since last year, how Europe is coping with the crisis and the effect on pension systems were discussed on Thursday 28 January. more »

The Spanish Presidency will continue to work to strengthen transatlantic relations

Transatlantic relations are a priority for the Spanish Presidency and Europe will continue to work with the US to strengthen these ties, said the Spanish Minister for Foreign Affairs and Cooperation, Miguel Ángel Moratinos, after receiving confirmation that President Barack Obama would not be travelling to Europe this spring to attend the annual EU-US summit. more »

Bankers have lost their friends in Davos - EP vice-president

Reform of the banking system was one of the key themes at this year's World Economic Forum in Davos, with bankers coming in for a lot of criticism. more »

Support small firms while tackling the crisis, say MEPs and experts

Small firms have been hard hit by the economic crisis, and so must be given incentives and support, including easier access to credit, help with innovation, tax breaks and less red tape, MEPs on Parliament's Special Committee on the Financial, Economic and Social Crisis (CRIS), and experts agreed at a workshop on Monday. more »

Spain wants to progress the incorporation of human rights and fundamental freedoms into Community law "as much as possible"

Spain wishes to “make as much progress as possible” to ensure the EU becomes party to the Council of Europe's Convention for the Protection of Human Rights and Fundamental Freedoms soon, according to the Spanish Minister for Justice, Francisco Caamaño, at today's opening of a seminar on the challenges and possibilities arising from the Treaty of Lisbon coming into force. more »

Hague Prosecutor Brammertz: Balkans “still suffering” from Yugoslav wars

“I was once beaten up so badly, I spent four days in a coma. I was thrown out onto a heap of corpses, and I was found there by one of my comrades.” more »

Commission provides almost €7.3 million to reduce the impact of natural disasters in Central Asia

The European Commission has allocated €7.295 million to help Central Asian countries reduce their vulnerability to natural disasters and to boost the coping capacities of the most affected populations. more »

Assessment of first month of Spain's Presidency of the EU Council

The Spanish Secretary of State for the European Union, Diego López Garrido, taking stock of the first month of Spain's Presidency of the EU Council, underscored the support that his Government has received from European institutions and Member States for the work priorities it has set for the coming six-month period. more »

Reopening of trade negotiations between the EU and Central America within sight

The elections and investiture of Porfirio Lobo as President of Honduras have cleared the way for the EU to restore normal relations with the Central American country and negotiations for signing a bi-regional Association Agreement may soon resume. more »

20 suits for Europe: a dialogue between fashion and literature

The exhibition entitled “20 suits for Europe. Designers converse with literature” is the creative result of twenty designers from Spain, Belgium and Hungary being inspired by the works of other Spanish, Belgian and Hungarian writers and poets. more »

European Capitals of Culture: Essen, Istanbul and Pécs

Essen in Germany, Istanbul in Turkey and Pécs in Hungary are the three European capitals of culture for 2010. more »

The Week Ahead 1-7 February 2010

Committee meetings and political groups week – Brussels Hearing of Kristalina Georgieva. The new Bulgarian Commissioner-designate is scheduled to appear before the Development Committee for a three-hour hearing (Wednesday). more »

European Globalisation Fund set to help workers in the furniture manufacturing and clothing industries in Lithuania

The European Commission has approved applications from Lithuania for assistance under the European Globalisation Adjustment Fund (EGF). more »

State aid: Commission takes Italy to Court for failure to recover illegal aid from hotels in Sardinia

The European Commission has decided to refer Italy to the European Court of Justice (ECJ) on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008. more »