Romania: Cutting 25% off public wages pool will not generate needed savings, says minister

Bucharest. Cutting 25 percent off the public wages pool will not generate the savings Romania needs right now, and that is why cutting individual wages by 25 percent is needed, Finance Minister Sebastian Vladescu told a televised show, Romanian Agerpres news agency reports. Cutting 25 percent off the public wages pool would fail to generate […]

Bulgaria to avoid staging Greek tragedy

What a difference debt makes. When once it was clamouring to keep company with Greece, these days Bulgaria is doing its utmost to distance itself from any unfavourable comparisons that may lead to it being seen as next in line for a bailout. Clearly, the country has its work cut out. Even before the ink […]

Bulgaria – Europe’s Wild Frontier

Svetlana Stoeva pulls on her cigarette as she recalls the moment she learnt that her husband was dead – shot on his way to a buy a newspaper in a busy street in Sofia, the Bulgarian capital. „I saw the news on television. The words came up on the ticker at the bottom of the […]

Carrefour

Retailers dominated this week’s news, with the appointment of a new CEO at Asda, bumper numbers from Sainsbury’s, upbeat noises from Whole Foods and strike action at Carrefour. Here is the best of who said what about this week’s top stories. UK retail grabbed the headlines this week, with Wal-Mart announcing the appointment of a […]

L’UE et le Mercosur relancent leurs negociations sur un accord de libre-echange

L’Union europeenne (UE) et le Mercosur (Argentine, Bresil, Uruguay et Paraguay) ont renoue officiellement, lundi 17 mai, leurs negociations en vue d’un accord commercial de libre-echange. „Nous avons decide de reprendre les negociations en vue d’un accord ambitieux et equilibre”, a declare le chef du gouvernement espagnol, Jose Luis Rodriguez Zapatero, a l’issue d’un sommet […]

Countdown to 2010 FIFA World Cup

South African special forces get ready for a World Cup security exercise on Monday. Security forces paraded their World Cup arsenal through the streets of South Africa’s financial capital Monday, hoping to reassure fans the country will be safe during soccer’s premier event. South Africa’s high crime rate has been under scrutiny since the country […]

Iron Maiden – Iron Maiden To Rock Transylvania

Heavy metal veterans Iron Maiden are to play their first ever concert in Transylvania, Romania. Iron Maiden are to play a concert in Transylvania. The heavy metal legends are to rock the historic Romanian region – famous for being the home to vampire Dracula – for the very first time. The band are to embark […]

Champions League – Qualifiers: Spurs facing tough test

Who has qualified for next season’s Champions League, and at what stage they enter the competition, with Tottenham facing potentially tricky ties against the likes of Sevilla, or Werder Bremen to qualify for the group stage. Just four teams will compete at the first stage of qualifying. Thirty-four teams will compete in this round, including […]

Un monde rural a l’agonie

En 2007, le candidat Sarkozy avait seduit l’Andelle, ce coin rural et ouvrier de l’Eure, autrefois florissant. Depuis, de chomage technique en chute des prix agricoles, le desarroi est profond. Alors que l’Elysee accueille une reunion lundi 17 mai a l’Elysee pour fixer les marges sur les produits agricoles, plongee dans le malaise francais. Des […]

Les negociations avec le Mercosur inquietent une majorite d’Etats europeens

BRUXELLES – Une majorite d’Etats europeens emmenes par la France ont exprime lundi leur inquietude quant aux risques que fait peser sur leur agriculture la relance de negociations en vue d’un accord commercial entre l’UE et le Mercosur, qui devait etre officialisee a Madrid. AFP/Georges Gobet Les ministres de l’Agriculture francais Bruno Le Maire et […]