Articles for category: Europe

Matt Atlas

EU Calls On Poland To Close Coal Mine

According to the Polish radio station RMF FM, the European Commission once again told Poland that it must stop mining in the Turów lignite mine near the Czech border. Warsaw was ordered by the EU Court of Justice last Friday. The EC also intends to review the planned mine agreement between Poland and the Czech Republic. He will ...

Matt Atlas

MEPs Call For Action In Babis’ Conflict Of Interest Case

The European Parliament’s Committee on Budgetary Control today adopted a resolution criticizing the conflict of interests of the Czech Prime Minister Andrej Babiš. The resolution calls on the European Commission to use a new rule vis-à-vis the Czech Republic that makes the drawing of EU money conditional on the state’s effective action against conflicts of interest. The ...

Petr Dubinsky

agrofert andrej babis

Agrofert Is Suing Brussels Over Halted Subsidy Payments

In February, Primagra from the Agrofert holding filed a lawsuit with the Court of Justice of the European Union against the European Commission. It wants to release subsidies blocked on the basis of an audit of a possible conflict of interest of Prime Minister Andrej Babiš. The court is currently considering whether the action is admissible. iROZHLAS, reports. Agrofert ...

Matt Atlas

MEPs Target Babis And Orban Over EU Farm Funds

Prime Minister Andrej Babiš and his Hungarian counterpart Viktor Orbán are in the crosshairs of the European Parliament (EP), which is pushing for the deployment of a special data tool of the European Commission to detect fraud and conflicts of interest in agricultural subsidies. Politico reports, referring to the statements of some MEPs who represent European ...

Matt Atlas

EU Court Orders Poland To Halt Lignite Mining At Turow

Poland must immediately stop mining at the Turów coal mine, which has long been criticized by the Czech Republic. The decision was made today by the Court of Justice of the European Union, which thus granted the Czech application for interim measures. The mining ban will apply until a final judgment is given in the case, the court said . The ...

Matt Atlas

Corporate Debt, Property Bubbles Among Europe’s Top Risks: European Central Bank

High debt and the real estate bubble are among the biggest risks to the eurozone economy and its recovery from the recession caused by the covid-19 pandemic. High government support kept much of the eurozone afloat during the pandemic. However, canceling aid will be difficult as it could increase bankruptcies and unemployment, hampering growth and jeopardizing banks. This ...

Petr Dubinsky

EU Leaders Attend Summit In Person For 1st Time This Year

European Union leaders and their large following of diplomats and advisers met Friday in Portugal for two days of in-person talks, signaling their belief that the threat from COVID-19 on the continent is waning amid a quickening vaccine rollout. The pandemic was a constant presence, however. Meeting face-to-face for the first time this year, the ...

William Malcolm

Europe’s Economy Slides Back Into Recession

The European Union’s economy is back in recession. Gross domestic product (GDP) fell 0.4 percent in the first quarter due to the effects of the pandemic, following a decline of half a percent from the fourth quarter. According to Eurostat. The economic downturn was even more pronounced in the euro area, reaching 0.6 percent from ...

Matt Atlas

Russia Expels European Diplomats Over Czech Claims About 2014 Explosion

Russia has expelled seven European diplomats from Slovakia and three Baltic states over accusations by the Czech Republic that Russian spies were involved in an arms depot explosion in 2014. The Russian foreign ministry announced Wednesday that three diplomats at the Slovak Embassy in Moscow, two officials at the Lithuanian Embassy and one official each from the ...