Tag «undermine»

NEGOTIATING DEADLOCK AND INSISTENCE ON AUSTERITY POLICIES FURTHER UNDERMINE GREEK ECONOMY, NEW LEVY REPORT SAYS

Alternative Financing Sources Such as Zero-Coupon Bonds (“Geuros”) and Fiscal Credit Certificates Could Stimulate and Restore Faith in Greek Economy, but Only if Debt Is Rolled Over and Harsh Austerity Measures Put Aside ANNANDALE-ON-HUDSON, N.Y.— More than four months into negotiations, and with a default and potential exit from the European Union looming for Greece, …

EU state aid rules undermine affordable energy prices

EEAG should guarantee industrial competitiveness   In a joint letter, addressed to the President of the European Commission, José Manuel Barroso, explain industriAll European Trade Union and The European Steel Association EUROFER, that the Commission’s draft Environmental and Energy Aid Guidelines (EEAG) undermine the objectives for affordable energy prices and industrial competitiveness asset out by …