French automotive group Renault SA (RNO.FR) said Tuesday it anticipates some disruption to its production in the summer due to supply-chain bottlenecks stemming from the Japanese disasters in March, but reaffirmed its earnings guidance for 2011 due to more robust sales than it expected in the first three months of the year.
04/20/2011
— Filed under: Business
Tags: production, Renault
Italian police said they have arrested a top mafia boss from the southern province of Puglia.
«Eurostat expressed a reservation on the quality of the data reported by Romania, due to uncertainties on the impact of some public corporations on the government deficit,» the INS said, citing an official EU notification.
Austria opens labor market to all EU members
04/17/2011
— Filed under: Politics
Tags: Austria, labor market
Amadeu Altafaj, the spokesman for European Commissioner for economic and monetary affairs Olli Rehn, on Tuesday said that the upward revision of Greece’s deficit for 2010 was the result of a change in Eurostat’s rules for calculating member-state public deficit figures.
Zagreb/Belgrade — Support for Croatian membership of the European Union fell sharply in the span of one week, reported Croatian media Sunday, as the country lashed out at an international court’s sentencing of two generals on war crimes charges.
04/15/2011
— Filed under: Politics
Tags: Croatia, EU, membership
BRITAIN will not be part of any future euro zone bailout fund, British officials have told their European counterparts, despite pressure to back a new safety net for troubled countries from 2013.
Italy’s lingering problems with government-mafia links have not improved and, according to opposition members, are being allowed to flourish by the current government. Organized crime groups in Italy work not only in tandem with politicians, but with ‘legitimate’ corporations, particularly larger ones
Cyprus President Demetris Christofias said Turkey’s admission to the European Union hinged on progress towards reunifying the ethnically-split Mediterranean island.
04/12/2011
— Filed under: Politics
Tags: Cyprus, Demetris Christofias, Turkey
The Irish National Organistion for the Unemployed has described as «utter rubbish» suggestions made by the European Commission mission chief to Ireland that the phasing out of social welfare payments for the long-term unemployed should be introduced.
Istvan Szekely is reported to be in discussions with the Social Protection Minister Joan Burton on ways to cut social welfare, as part of the EU/IMF bailout deal.
He told her those on long-term unemployment should have their dole payments gradually phased out as an incentive for them to return to work.
But the Head of Policy and Media at the INOU Brid O’Brien said what the unemployed need is job creation.
Ms O’Brien said: «There is no need to incentivise people. There are incentivisation discussions when there are no jobs and no job creation.
«We are talking about creating 20,000 jobs per year over the next couple of years. Redundancies alone are going to run at over 50,000, so they are not even creating enough jobs to stand still, let alone offer hope to people who are unemployed and offer hope to people leaving school or college.»
04/11/2011
— Filed under: Society
Tags: long-term unemployed, payments
