POLITICS & POLICY

Greece: Debt crisis – First review

A bill containing a series of measures was approved on Sunday night by Greek MPs. The bill includes an additional 1.8 billion euros in tax hikes and the initial structure for a new privatization fund, which will give the Eurogroup the opportunity to deliver more funds to the country. Eurozone finance ministers will meet on Tuesday in Brussels to decide whether Greece has accomplished enough to complete the first review of the bailout program. If the outcome is positive, Athens will receive a minimum of 5.7 billion euros.

Source: Ekathimerini, 22/05/2016

Ireland – EU benefits: Not to forget

According to the Irish Times, consumers tend to take for granted many EU benefits. Among these, are the tracker mortgages which are directly tied to the European Central Bank’s rates. Someone, for instance on a 1.75% tracker on €250,000 will pay just €59,000 in interest over 25 years. If it were not for the ECB, this would not be possible. As an additional example, by possessing a European Health Insurance Card, citizens of all EU member states can have access to public health services anywhere in the EU and Switzerland.

Source: The Irish Times, 23/05/2016


THE STATEMENT

“It could well be the case that after counting postal votes that we’re not quite at the front, but I’d say we’ve won anyway.”

Norbert Hofer, Presidential candidate for the Austrian Freedom Party (FPÖ)

Source: The Guardian, 23/05/2016


NUMBERS

190,973

The estimated number of people that entered the EU by sea in 2016.

Source: Novinite, 22/05/2016

37%

The percentage of FTSE 350 company boards that believe that EU membership is good for their business.

Source: The Guardian, 23/05/2016


Photo Credits CC: Lee.S.T



 
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