The Sting of the Day

"So you can't solve this, I can't solve this, let's give Turkey another 3 billion?" This is what Merkel might as well be saying to Renzi and Hollande. Tsipras on the background could be telling a joke to Rutte. From left to right: Mr Matteo RENZI, Italian Prime Minister; Ms Angela MERKEL, German Federal Chancellor; Mr Francois HOLLANDE, President of France.
Photo taken during yesterday's EU Summit on Migration Crisis (Council TVNewsroom, 07/03/2016)

Spending another 3 billion euros on Turkey feels better than admitting EU’s failure

The migration summit which took place yesterday in Brussels between the 28 EU leaders and the Prime Minister of Turkey was a surprise. The reason is that Ahmet Davutoglou came to the meeting with … [Read More...]

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Economy

End of the signing ceremony of an EU/China key partnership on 5G: handshake between Miao Wei, Chinese Minister for Industry and Information Technology, on the right, and Günther Oettinger, Member of the EC in charge of Digital Economy and Society, 2nd from the left, in the presence of Ma Kai, Chinese Vice-Premier, 2nd from the right, and Jyrki Katainen, Vice-President of the EC. Date: 28/09/2015. Location: Beijing - Diaoyutai State Guesthouse. © European Union, 2015 / Source: EC - Audiovisual Service / Photo: Olli Geibel.

Pumping more money into banks but leaving them unregulated doesn’t help

On Thursday 25 February, this newspaper concluded that “the other major central banks in Europe, China, Japan and elsewhere appear ready to fill the … [Read More...]

Mario Draghi looks confident here defending Quantitative Easing in 2015, at the EP Committee on Economic and Monetary Affairs Monetary Dialogue, last November. Mario Draghi is the President of the European Central Bank (EP Audiovisual Services, 17/11/2014)

Does Draghi have another ace up his sleeve given his Quantitative Easing failure?

Last Monday Eurostat, the statistical service of the European Union, released a flash estimate for euro area annual inflation revealing a -0,2% … [Read More...]

Members of the European Parliament make a visit to the stock exchange in Shanghai, China. ( ©European Union EP/PE ).

What have the banks done to the markets making them unable to bear cheap oil?

Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The … [Read More...]

High-level seminar of the European Political Strategy Centre on the European Deposit Insurance Scheme (EDIS). From left to right, Mejra Festić, Vice-Governor of the Central Bank of Slovenia, Thierry Dissaux, Chairman of the Board of the Guarantee Fund for Deposit and Resolution, Dirk Cupei, Head of the Department "Financial market stability" at the Association of German Banks, Alex Kuczynski, Coordinator of the EU Committee of the European Forum of Deposit Insurers (EFDI), Giuseppe Boccuzzi, Director General of the Italian Interbank Deposit Protection Fund, and Joseph Delhaye, Chairman of the Guarantee Deposit Association Luxembourg. (Date: 03/12/2015, Location: Brussels – EC / Berlaymont, © European Union , 2015/Source: EC - Audiovisual Service/Photo: Etienne Ansotte).

Can the next financial crisis be avoided?

The descent of prices in the world capital markets continued almost unhindered this past week and only last Friday financial, oil and commodity values … [Read More...]

STOXX Europe 600 Index record low: 10 January -09 February 2016

2016 crisis update: the year of the Red Fire Monkey burns the world’s markets down

The Chinese New Year began two days ago and has brought already significant turbulences and volatilities to the global financial markets and … [Read More...]

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I-Society

Internet of Things MWC16

MWC 2016: IoT experts fret over fragmentation

Market fragmentation, perhaps inevitably, was a dominant theme in an MWC session titled Unleashing the Value of IoT platforms. Beecham principle … [Read More...]

MVNO MWC 2016

MWC 2016 LIVE: Freemium MVNO model a success, claims FreedomPop head

The UK launch of its free MVNO service was a success, said FreedomPop president Nicholas Constantinopoulos. “It has been a showcase for the company … [Read More...]

Gamelab MWC 2016

MWC 2016 LIVE: Gamelab founder talks Apple TV, VR and monetisation

Apple TV’s “ambition is defining the standard of the next-gen home entertainment centre” in which gaming apps will play a crucial role, according to … [Read More...]

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MWC 2016 LIVE: Under Armour learns from “robust community of data”

In light of the controversy over the accuracy of Fitbit’s heart rate monitor, Under Armour’s (UA) chief digital officer, Robin Thurston, said his … [Read More...]

Dawn-Airey-Getty MWC16

MWC 2016 LIVE: Getty chief says one in four new images from phones

Dawn Airey may be the CEO of image library Getty Images, but she’s also a fan of the odd sneaky smartphone snap and argues there are moments when … [Read More...]

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MWC 2016 LIVE: Xiaomi looks to revive growth with flagships

Chinese smartphone player Xiaomi this morning unveiled its latest flagship smartphones, the Mi5 and Mi5 Pro, as it attempts to turnaround its fortunes … [Read More...]

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"So you can't solve this, I can't solve this, let's give Turkey another 3 billion?" This is what Merkel might as well be saying to Renzi and Hollande. Tsipras on the background could be telling a joke to Rutte. From left to right: Mr Matteo RENZI, Italian Prime Minister; Ms Angela MERKEL, German Federal Chancellor; Mr Francois HOLLANDE, President of France.
Photo taken during yesterday's EU Summit on Migration Crisis (Council TVNewsroom, 07/03/2016)

Spending another 3 billion euros on Turkey feels better than admitting EU’s failure

The migration summit which took place yesterday in Brussels between the 28 EU leaders and the Prime Minister of Turkey was a surprise. The reason is … [Read More...]

Between the 1st and 4th of March, Donald Tusk, President of the European Council, visited 7 countries of the Western Balkans route and Turkey to continue building a European consensus on how to handle the migration crisis. These visits will help prepare today’s summit with Turkey. Tusk (on the left) is pictured here with Ahmet Davutoglu, the Turkish Prime Minister. (EU Audiovisual services. Shoot date: 04/03/2016, Location: Brussels, Belgium. © European Union).

The EU has to prove it can remain one piece

Today the European Union has to prove that it can solve its stalemate, which the immigrant and refugee flows from Asia and Africa have created. Some … [Read More...]

End of the signing ceremony of an EU/China key partnership on 5G: handshake between Miao Wei, Chinese Minister for Industry and Information Technology, on the right, and Günther Oettinger, Member of the EC in charge of Digital Economy and Society, 2nd from the left, in the presence of Ma Kai, Chinese Vice-Premier, 2nd from the right, and Jyrki Katainen, Vice-President of the EC. Date: 28/09/2015. Location: Beijing - Diaoyutai State Guesthouse. © European Union, 2015 / Source: EC - Audiovisual Service / Photo: Olli Geibel.

Pumping more money into banks but leaving them unregulated doesn’t help

On Thursday 25 February, this newspaper concluded that “the other major central banks in Europe, China, Japan and elsewhere appear ready to fill the … [Read More...]

Mario Draghi looks confident here defending Quantitative Easing in 2015, at the EP Committee on Economic and Monetary Affairs Monetary Dialogue, last November. Mario Draghi is the President of the European Central Bank (EP Audiovisual Services, 17/11/2014)

Does Draghi have another ace up his sleeve given his Quantitative Easing failure?

Last Monday Eurostat, the statistical service of the European Union, released a flash estimate for euro area annual inflation revealing a -0,2% … [Read More...]

David Cameron, UK's Prime Minister, during the last EU Council  (TV Newsroom European Council, 20/02/2016)

Cameron’s “No Brexit” campaign wins top business support as Tory front breaks

A few days ago, a bit after London's Mayor Boris Johnson openly declared his support for a “Brexit”, UK’s Prime Minister David Cameron’s campaign to … [Read More...]

Arrival of John Kerry, US Secretary of State in the conference "Supporting Syria and the Region". The event was co-organized by the Britain, Germany, Kuwait, Norway and the United Nations. Date: 04/02/2016. Location: London. © European Union, 2016 / Source: EC - Audiovisual Service / Photo: Jack Taylor.

Syria: Why did the US now take the Russian offer for a truce? What next?

The US-Russia plan for a "cessation of hostilities" in Syria, endorsed by the UN Security Council on Friday 26 February kicked off in the early hours … [Read More...]

article picture

A Young entrepreneur cries out: “start in Europe, stay in Europe”

Exclusively written for the Sting by Davide Giordano, President of Junior Enterprise Torino Politecnico (J.E.To.P), member of JADE. Startups in … [Read More...]

Members of the European Parliament make a visit to the stock exchange in Shanghai, China. ( ©European Union EP/PE ).

What have the banks done to the markets making them unable to bear cheap oil?

Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The … [Read More...]

Mr Werner Faymann, Austrian Federal Chancellor, at the European Summit on 19/02/2016 (TVNewsroom European Council).

Migration crisis update: The “Habsburg Empire” comes back to life while EU loses control

It is today that Austria is arbitrarily hosting a Western Balkan counties migration meeting called “Managing Migration Together” where the Interior … [Read More...]

Google logo

After swallowing effortlessly the right to be forgotten time for Google Ads now to behave

2016 is not yet 60 days old and it already seems that this will be another tough year for Google in the EU. Only days after the world learned that … [Read More...]

Discussions at the European Council of 18 and 19 February were dominated by the negotiations on the UK deal and the ongoing migration and refugee crisis. David Cameron, UK Prime Minister (on the left) and Angela Merkel, German Federal Chancellor walking together to the meeting room. Shoot location, Brussels – Belgium. Shoot date 18/02/2016. Copyright 'The European Union'.

What little Cameron got in Brussels seems enough to keep Britain in the EU

Even since 18 January this newspaper was convinced that David Cameron, the British Prime Minister, was ready to campaign for his country to remain in … [Read More...]

daniela-runchi-jade-president__

A Sting Exclusive: “Education in Europe, fostering skills development inside and outside the school system”

This article was exclusively written for the Sting by Daniela Runchi, President of the European Confederation of Junior Entreprises Education is … [Read More...]

Federica Mogherini, in the foreground, during a meeting of the International Syria Support Group (ISSG), which didn’t manage to offer any kind of support to the devastated country. Date: 11/02/2016. Location: Munich.© European Union, 2016/ Source: EC - Audiovisual Service/Photo: Günter Schiffmann.

The Syrian knot cannot be cut without devastating consequences

Brussels seems quite lost with what is happening now in Syria. The statement issued last Monday 15 February by the European High Representative … [Read More...]

Maros Sefcovic Canete European Commission Energy

Better late than never? Commission runs now to fight energy dependency on Russia with the sustainable energy security package

It was last Tuesday when the Commission launched a set of measures to increase energy security in the European Union. The executive arm of the EU now … [Read More...]

new-google-logo

Google succumbs unconditionally to EU’s “right to be forgotten” ruling

With an unprecedented move, Google has recently made a new, decisive turning decision to its never-ending story with the European Union. As reported … [Read More...]

ambassador-yang-yanyi-chinese-mission-to-eu_

The right approach to addressing overcapacity problem from a Chinese perspective

This article was written for the Sting by HE Ambassador Yang Yanyi of the Chinese Mission to EU The recent weeks have seen further worrying moves … [Read More...]

High-level seminar of the European Political Strategy Centre on the European Deposit Insurance Scheme (EDIS). From left to right, Mejra Festić, Vice-Governor of the Central Bank of Slovenia, Thierry Dissaux, Chairman of the Board of the Guarantee Fund for Deposit and Resolution, Dirk Cupei, Head of the Department "Financial market stability" at the Association of German Banks, Alex Kuczynski, Coordinator of the EU Committee of the European Forum of Deposit Insurers (EFDI), Giuseppe Boccuzzi, Director General of the Italian Interbank Deposit Protection Fund, and Joseph Delhaye, Chairman of the Guarantee Deposit Association Luxembourg. (Date: 03/12/2015, Location: Brussels – EC / Berlaymont, © European Union , 2015/Source: EC - Audiovisual Service/Photo: Etienne Ansotte).

Can the next financial crisis be avoided?

The descent of prices in the world capital markets continued almost unhindered this past week and only last Friday financial, oil and commodity values … [Read More...]

Jade_Logo

Creating shared value: an opportunity and challenge for entrepreneurship

Exclusively written for the Sting by Edoardo Gauzolino, Vice President of Junior Enterprise Bergamo (JEBG) Nowadays Corporate Social Responsibility … [Read More...]

Neven Mimica, Member of the EU Commission in charge of International Cooperation and Development (first from left, facing the camera, speaking) participatedin the 70th plenary session of the United Nations General Assembly. In this context, he took part in a conference entitled "Tackling inequalities, empowering women and girls and leaving no one behind - Interactive dialogue 2". Obviously not the EU nor the UN have managed to arrest the recent trends for more poverty in the entire world. (Date: 28/09/2015, Location: New York. © European Union , 2015/ Source: EC - Audiovisual Service/Photo: Johanna Leguerre).

Failing to see reality or deceiving the masses? The EU about poverty and social exclusion

Some six years ago the European Union set targets for an ambitious project called “The Europe 2020 Strategy”. Amongst other equally fallacious if not … [Read More...]

STOXX Europe 600 Index record low: 10 January -09 February 2016

2016 crisis update: the year of the Red Fire Monkey burns the world’s markets down

The Chinese New Year began two days ago and has brought already significant turbulences and volatilities to the global financial markets and … [Read More...]

Vĕra Jourová, European Commissioner in charge of Justice

The New EU-US “Shield” for data privacy is full of holes

Last week the “post-Safe Harbour era” was officially launched. On February 2 the European Union and the United States have agreed on a new framework … [Read More...]

Mario Draghi, President of the ECB, delivers the Marjolin lecture at the SUERF conference organized by the Deutsche Bundesbank, in Frankfurt on 4 February 2016. Robert Marjolin was a pivotal figure in the birth of Economic and Monetary Union. (ECB Audiovisual Services).

Draghi drafts a plan to donate more money to bankers, the era of ‘money for nothin’ is flourishing

The European Central Bank announced last week that under its extraordinary Asset Purchase Program (APP), it has injected  €712.3 billion into the euro … [Read More...]

Stijntje Dijk is Liaison Officer for Medical Education issues at IFMSA.

Far from a healthy Health Workforce: lack of workforce planning leaves our citizens without access to proper care

This article was exclusively written for the Sting by Mrs Stijntje Dijk, Liaison Officer for Medical Education issues at the International Federation … [Read More...]

Bernie Sanders is a Democratic candidate for President of the United States. He is now serving his second term in the U.S. Senate.

Politics still matter in the US but not in Europe

The Iowa US presidential candidate nomination race results in both the Republican and the Democrat vote, proved that in the US politics still matter. … [Read More...]

European Council 02 February 2016, Trilateral meeting roundtable for the "British question". From left to right, Angela MERKEL, German Federal Chancellor, David CAMERON, Prime Minister of the United Kingdom, François HOLLANDE, President of France. Shoot location: Brussels. Shoot date: 15/10/2015

Brexit update: Tusk’s proposal is out and Cameron takes it all

It was just yesterday when Donald Tusk, president of the European Council (EC), released a draft deal that intends to keep Britain within the EU. This … [Read More...]

Cecilia Malmstrom EU Commissioner Trade

“BEUC cautions against TTIP that would seek to align EU and US chemicals management frameworks”

As it happened several times in the past, the closer a TTIP negotiation round gets, the bigger the debate over the main questions intensifies. With … [Read More...]

European Central Bank President Mario Draghi appears today at the European Parliament on the occasion of the plenary debate on the ECB’s Annual Report for 2014. (ECB Audiovisual Services. Snapshot from the video of ECB Press Conference of 21 January 2016).

Is there a way out of the next financial crisis? Can more printed money or austerity save us all?

Every time Mario Draghi, the President of the European Central Bank, tries to fight very low inflation and indirectly support growth and job creation … [Read More...]

China's 13th Five Year Plan Brussels European Union_CASS

China’s 13th Five Year Plan and the opportunities for Europe

Amid substantial interest of the global community about China's growth and only a few months before the launch of the 13th five year plan of the … [Read More...]

Dimitris Avramopoulos European Commission

Migration crisis update: Greece could probably say goodbye to Schengen really soon

It was two days ago when the European Commission's draft report revealed “serious deficiencies” of the Greek government to comply with its obligations … [Read More...]

Michael Karnitschnig, Head of Cabinet of Johannes Hahn, Hansjörg Haber, Head of the Delegation of the EU to Turkey, Johannes Hahn, Commissioner for European Neighborhood Policy and Enlargement Negotiations, Federica Mogherini, High Representative for Foreign Affairs and Vice-President of the EC, Christos Stylianides, Member of the EC in charge of Humanitarian Aid and Crisis Management and Stefano Manservisi, Head of Cabinet of Federica Mogherini (seated, from left to right). Date: 24/01/2016,  Location: Ankara. © European Union, 2016 / Source: EC - Audiovisual Service   /   Photo: Necati Savaş.

The EU bows to Turkey in view of the talks for a political settlement in Syria

On 27 April 2015, in relation to the efforts to stem the refugee and immigrant flows to Europe, this newspaper predicted that “Turkey won’t … [Read More...]

Davide Giordano Jade JETOP

“No labels for entrepreneurs!”, a young business leader from Italy cries out

Exclusively written for the Sting by Davide Giordano, President of Junior Enterprise Torino Politecnico (J.E.To.P), member of JADE. A friend asked … [Read More...]

Airbnb logo

“Airbnb and YouTube are two great examples of a crowd based capitalism”, key stakeholders outline the boundaries of the 4th Industrial Revolution in Davos

On the second day of the World Economic Forum 2016 there was a truly interesting session on how digital platforms can increase innovation and help the … [Read More...]

The financial district of the City of London. Audiovisual service presse.audiovisuel@consilium.europa.eu. © European Union.

Why are the financial markets shivering again?

The major central banks of the world are currently in the middle of a precise but of dubious results surgical operation on capital markets. On the one … [Read More...]