Uncategorized

EU’s central bankers, regulators demand more info on Facebook’s cryptocurrency

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Just as an international financial monitor issued warnings to world leaders about the use of cryptocurrencies like Libra of Facebook, the governor of the French central bank, Francois Villeroy de Galhau, has announced that France...

Some European cities want Brussels to help stop Airbnb

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Local authorities in several European cities claim they are unable to deal with housing shortages due to the rise of the world's most popular online hospitality service, Airbnb. In a letter jointly signed by Amsterdam, Barcelona, Berlin, Bordeaux, Brussels,...

EU eyeing possible sanctions on Turkey over ‘illegal drilling’ in East Med

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EU leaders condemned late on 20 June “Turkey's continued illegal actions in the Eastern Mediterranean and the Aegean Sea,” saying the European Union would now consider what measures to take in response, a move...

From Versailles to the Euro

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This month marks the centenary of the Treaty of Versailles, one of the agreements that brought World War I to a close. In a sense, the tables have turned. Whereas the treaty imposed huge...

Kazakhstan increases oil production since January

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NUR-SULTAN, Kazakhstan - For five months of this year, the volume of oil production amounted to 36.5 million tons, which is 1% higher than the operational plan, Kazakhstan’s Energy Minister Kanat Bozumbayev said on...

Italy challenges the fiscal compact

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While the Italian government is raising the prospect of a major confrontation with Brussels over the fiscal compact, they are still taking measures that would help avoid further destabilisation of the euro. Italy is willing to take fiscal consolidation measures that...

Kazakhstan’s presidential election captures public attention

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NUR-SULTAN, Kazakhstan – The energy-rich Central Asian republic of Kazakhstan on 9 June held its first-ever presidential election without the participation of long-time President Nursultan Nazarbayev which saw current President Kassym-Zhomart Tokayev from the ruling Nur...

A touching Syrian war story leaves its mark at Cannes

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On the sidelines of the 72nd annual Cannes Film Festival, New Europe’s Federico Grandesso spoke with directors Waad Al-Kateab and Edward Watts in an exclusive interview about their film For Sama, which was presented...

EU drug report says cocaine use is skyrocketing across Europe

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The EU's Drug Report, released 6 June, revealed that cocaine usage has steadily been on the rise across Europe since 2017 while the number of seizures of the highly addictive narcotic has a record...

In defence of the Spitzenkandidaten process

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Emmanuel Macron is right when he does not trust that Manfred Werber would be a good President of the European Commission. I would certainly not vote for Weber: during his campaign he remained grey,...

Tokayev: Kazakh companies will get access to oil and gas tenders

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ATYRAU, Kazakhstan – Kazakhstan’s President Kasym-Zhomart Tokayev instructed the government to ensure access for Kazakh companies to oil and gas tenders. There are only tax benefits for foreign suppliers, Tokayev told a meeting with...

Shell starts production Gulf of Mexico’s Appomattox system

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Royal Dutch Shell, through its subsidiary Shell Offshore has announced that production has started at the Shell-operated Appomattox floating production system months ahead of schedule, opening a new frontier in the deep-water US Gulf...

Televised presidential debates held in Kazakh capital

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NUR-SULTAN, Kazakhstan - A televised debate that was advertised as a chance to listen to the seven candidates that are competing to be Kazakhstan's next presidential candidates was held in the country's capital on 29 May, but...

Why literary festivals are a must for cultural entrepreneurs

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Bill Clinton called it the “Woodstock of the Mind”. The Hay Festival can certainly draw a big crowd – the sleepy Welsh village will swell from 1,500 residents to 250,000 bibliophiles at the end of...

Euroscepticism defeated? Not exactly, if you take a closer look

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The atmosphere was quite euphoric at the European Parliament’s Hemicycle last night, where the press was gathered for the announcement of the election results. All but one party representatives, including some of Spitzenkandidat rank-and-file,...

Green party the biggest winner of Finnish European Elections

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Finland’s Green Party made the biggest electoral gains in Sunday’s elections and ended the night with a 16% share of the vote. The Social Democratic Party came third, reaching just under 15% of the...

Independent candidate wins Lithuania’s presidential race

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Lithuania’s former Central Bank President, Gitanas Nauseda won the presidential election on Sunday, coming out ahead of the socially liberal Ingrida Simonyte. The 55-year old centre-right politician is a career banker who studied in Germany. He is advocating...

Kurz’s ÖVP party consolidates power according to Austrian exit polls

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Austria: Exit polls at 18:00 According to exit polls, the Chancellor Sebastian Kurz's centre-right Austrian People's Party (ÖVP) received 34.5% of the vote, followed by the social-democrat SPO party, the country's main opposition party, with 23.5%. Coming in third place was...

An election different than any other before

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In recent years, the European establishment, both in the EU capital and government leadership, was taken by surprise twice - Brexit and the election of President Donald Trump. But both of these are none...

Albania and European border agency begin first joint operations

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Teams of the European Border and Coast Guard Agency, which was formerly known as Frontex, are joining forces with Albania's police to patrol the Balkan nation's land and sea borders in the agency's first-ever joint...

Commission to support EU islands in their energy transition

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The Clean Energy for EU Islands Secretariat on behalf of the European Commission launched on 14 May in Stockholm a support mechanism for islands wishing to develop concrete clean energy transition projects. “Island communities historically...

Guns, the dark web, and Europe

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After a string of terrorist attacks throughout Europe, the European Union has taken steps to bolster its regulations under the firearms directive. This, coupled with the decline of the ISIS in Syria and Iraq,...

CO2 emissions in the EU down in 2018

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Carbon dioxide emissions from fossil fuel combustion significantly decreased in the European Union by 2.5% over the course of 2018, according to early estimates from Eurostat, the statistical office of the EU. CO2 emissions are a...

Boeing admits that it knew about design problems ahead of 737 Max accidents

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American aeroplane manufacturer Boeing has admitted that it knew about and failed to correct a problem with its 737 Max jets a year before the aircraft was involved in two fatal accidents. The company said...

German court sides with Scientologist following his dismissal from Munich art house

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Discriminatory practices known as "sect filters" are widely used in Germany, particularly in Bavaria, to prevent Scientologists from occupying government functions or obtaining a service contract from any state, city, or local community agency. “Sect...

Rising calls for nuclear, renewables to work together in climate fight

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SOCHI, Russia – All low-carbon energy is needed in order to tackle climate change and meet the 2050 emission targets, World Nuclear Association Director General Agneta Rising told New Europe. “All the low-carbon options need...

15,000 foreign NGOs have had licenses cancelled by India’s nationalist government

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Since Narendra Modi became prime minister in 2014, his Hindu Nationalist government has revoked the licenses of 15,000 foreign NGOs who provide services to India's poor and marginalised, as well as to the country's 28 million Christians...

Spain edges toward political stalemate

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Neither the right nor the left appears able to master a workable majority in Spain’s forthcoming legislative elections on 28 April, according to the latest 40dB poll commissioned by Spanish daily El Pais. Spain’s fringe...

Dutch plans for CO2 capture technology get EU aid

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Dutch plans to grant €706,000 of public support to the company De Meerlanden Holding for the installation of CO2 capture technology in its biomass digester located in Rijsenhout, in the province of Noord-Holland, were...

Kazakhstan’s ruling party picks Tokayev as presidential candidate

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NUR-SULTAN, Kazakhstan - The ruling Nur Otan party of Kazakhstan put forward Kassym-Zhomart Tokayev as its candidate to participate in the snap upcoming presidential elections, which will be held on 9 June. The party congress adopted...

“Protecting Jewish institutions means protecting our democracies and our Western values” – An interview...

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Albert Guigui has been the Chief Rabbi of Brussels since 1987. Chief Rabbi Guigui is also a Member of the Presidium of the Conference of European Rabbis (CER). New Europe had the chance to...

VW former boss charged for Dieselgate scandal

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German prosecutors on Monday charged the former boss of Volkswagen, Martin Winterkorn, and four more top unnamed VW Group managers with fraud VW has admitted to fitting 11 million vehicles with software to cheat emission tests....

Dutch multinationals commit to job-creation programme for refugees

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Several large Dutch multinational companies will create 3,500 permanent jobs for refugees and provide support programmes to increase the employability of up to 10,000 others over the next two years. The companies in question include Shell,...

EU Energy Union tackles security and transition

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The fourth report on the State of the Energy Union, adopted on 9 April, shows that since the start of the Commission of President Jean-Claude Juncker, the energy union has strengthened energy security, including...

Facebook agrees to EU demand that it change misleading terms of service

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A change of terms from Facebook which will see the social media giant clarify its use of data for consumers was the result of intense pressure from the European Commission and consumer authorities. Facebook's updated terms...

EU scales down Operation Sophia by ending naval patrols in the Mediterranean

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After struggling to come to an agreement with Italy over an extension of Operation Sophia - the joint military operation by the European Union that was established to end refugee smuggling in the Mediterranean...

Stronger protection rules for EU consumers

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The European Parliament and the Council have reached a provisional agreement on stronger and better-enforced consumer protection rules, both of which were supported by the Internal Market and Consumer Protection Committee in the Parliament. The...