estern Balkan Six (WB6) comprise Albania, Bosnia and Herzegovina, Montenegro, Serbia, Kosovo* and Republic of Macedonia, with a total population of about 18 million and a GDP of approximately €80 billion. While the region had seen above EU average growth rates of 5.3% in the early 2000s, today these economies show
Growth rates for the EU and the euro area beat expectations in 2017 to reach a 10-year high at 2.4%. Growth is set to remain strong in 2018 and ease only slightly in 2019, with growth of 2.3% and 2.0% respectively in both the EU and the euro area.
he Governing Council of the European Central Bank (ECB) concluded a review of the denominational structure of the Europa series back in 2016. It was decided to permanently stop producing the 500 EURbanknote and to exclude it from the Europa series, taking into account concerns that this banknote could facilitate
Key findings of the 2018 Progress Report on Montenegro
he reporting period has been marked by the low level of trust towards the electoral framework and the prolonged parliamentary boycott by the entire opposition since the October 2016 parliamentary elections. Returning the political debate to the Parliament is the responsibility
On January 1, 2018, a decade after its accession to the EU, Bulgaria took over the rotating Presidency of the Council of the EU for the first time. Presidency represents a great honor, but a great responsibility too.
For six months Bulgaria will be the main driving force for the tasks
All EU Member States' economies set to grow in 2016, 2017 and 2018
Having proven resilient to global challenges last year, the European economic recovery is expected to continue this year and next: for the first time in almost a decade, the economies of all EU Member States are expected to
ongress is the legislative branch of the US system of government and is divided into two chambers: the House of Representatives (lower chamber) and the Senate (upper chamber). The formal powers of Congress are set out in Article 1 of the US Constitution, and include making laws, collecting revenue, borrowing
The tenth meeting of the Accession Conference with Montenegro at Ministerial level was held today in Brussels to open negotiations on Chapter 2 - Freedom of movement for workers, and Chapter 3 - Right of establishment and freedom to provide services. The European Union delegation was led by Mr Sven
The headquarters of the European Medicines Agency (EMA) will be moved to Amsterdam after Brexit, EU affairs ministers announced. The European Banking Authority, also currently in London, will move to Paris. The decision follows months of intensive lobbying.
The Council and the European Parliament reached agreement on an EU budget for 2018 that strongly reflects the EU's main policy priorities. Total commitments are set at €160.1 billion and payments at €144.7 billion.Märt Kivine, deputy finance minister of Estonia and chief Council negotiator for the 2018 EU budget said:
"We have strived
he global financial crisis began 10 years ago and led to the European Union's worst recession in its six-decade history. The crisis did not start in Europe but EU institutions and Member States needed to act resolutely to counter its impact and address the shortcomings of the initial set-up of
nity through balance - that's the motto of the Estonian Presidency of the Council of the European Union. Europe has plenty of common ground to come together to successfully tackle all the challenges and make the most of all the possibilities that face us today. We must facilitate openness in