Friday, September 5, 2014
Just One Third Of Sandero Cars Sold In Europe Manufactured In Romania
The production of Sandero, Dacia’s best-selling model in Europe, at the carmaker's Romanian factory fell 61% in the first seven months against the same period of 2013, to less than 30,000 units, according to data provided by the Automotive Manufacturers and Importers Association (APIA).
Pride at European Commission
The risk return in one form or another, the economic crisis, the need to coordinate EU economic recovery relaxation reconciling German austerity budget demanded by France and Italy, need to find allies in world trade more competitive and enhancing hazard geopolitical context of changing global power poles are the team of commissioners of the future European Commission president Jean-Claude Juncker to be one of the most important in the history of the European Union.
The importance of this team resulting in even her boss, former prime minister of Luxembourg and former president of the Eurogroup Jean-Claude Juncker. Juncker, landed on the political scene a spying scandal, was removed from German Chancellor Angela Merkel anonymous, meaning that the most powerful and influential European politician wants to risk the moment. And Chancellor has many risks.
As shown in the information leaked to the press, the new team's Juncker policy will be better defined and more focused around priority and will be the biggest reform of the EU executive last decade, writes Financial Times.
The most significant change is the creation of vice positions, which will have their own departments, but their occupants will supervise other Commissioners who develop legislative proposals.
Official and portfolio composition Juncker's team to be announced on September 9 to 10, but has already appeared in the press variant. EurActiv presented a draft organizational chart dated Sept. 2. The document is "full of surprises", says the agency. Portfolio for "internal market" disappeared portfolio for "Digital Agenda" is replaced with the position of vice president, "Culture and the Internet", there will be a commissioner for "Extension" appeared a post of vice-president for "Better regulation" , one of the vice president "energy Union" and a vice president for "Growth, economic and Monetary Union, the European Semester and social dialogue". In total there are six vice president positions, and some of them are especially important in the current context - one that has budget responsibility as European money has a vital role in the development of Eastern Europe, one that the European Union in the context of energy this union is promoted as a solution to counterbalance Russian influence on EU energy security, and on foreign affairs and security policy, given the Russian-Ukrainian and EU need to find economic allies.
The importance of this team resulting in even her boss, former prime minister of Luxembourg and former president of the Eurogroup Jean-Claude Juncker. Juncker, landed on the political scene a spying scandal, was removed from German Chancellor Angela Merkel anonymous, meaning that the most powerful and influential European politician wants to risk the moment. And Chancellor has many risks.
As shown in the information leaked to the press, the new team's Juncker policy will be better defined and more focused around priority and will be the biggest reform of the EU executive last decade, writes Financial Times.
The most significant change is the creation of vice positions, which will have their own departments, but their occupants will supervise other Commissioners who develop legislative proposals.
Official and portfolio composition Juncker's team to be announced on September 9 to 10, but has already appeared in the press variant. EurActiv presented a draft organizational chart dated Sept. 2. The document is "full of surprises", says the agency. Portfolio for "internal market" disappeared portfolio for "Digital Agenda" is replaced with the position of vice president, "Culture and the Internet", there will be a commissioner for "Extension" appeared a post of vice-president for "Better regulation" , one of the vice president "energy Union" and a vice president for "Growth, economic and Monetary Union, the European Semester and social dialogue". In total there are six vice president positions, and some of them are especially important in the current context - one that has budget responsibility as European money has a vital role in the development of Eastern Europe, one that the European Union in the context of energy this union is promoted as a solution to counterbalance Russian influence on EU energy security, and on foreign affairs and security policy, given the Russian-Ukrainian and EU need to find economic allies.
Free money in Europe
ECB is about to "throw money from helicopters" over the European economy after low interest rate from 0.15% to a record low of 0.05%. Also, guard euro will launch two programs that will buy structured finance products and mortgage-backed bonds issued by euro area banks.
ECB President Mario Draghi has floated the idea of extending the bank's balance sheet to the levels of 2012 Since then, the balance has decreased by 1.000 billion.
ECB reduced the interest rate on bank deposits from -0.1% to 0.2%, which means that charge and more banks prefer to keep their money in ECB deposits instead to direct to lending to the real economy.
"The new program of bond purchases backed agreed today (Thursday n.red.) Will be purchased loans to the real economy," ECB President Mario Draghi explained, the man who just words brought calm in European financial markets. Program of asset purchases was not accepted unanimously by board governor, said ECB president.
In July, Bundesbank President Jens Weidmann described this acquisition as problematic and warned banks while supporting Loss of profits are shifted to the company.
ECB President Mario Draghi has floated the idea of extending the bank's balance sheet to the levels of 2012 Since then, the balance has decreased by 1.000 billion.
ECB reduced the interest rate on bank deposits from -0.1% to 0.2%, which means that charge and more banks prefer to keep their money in ECB deposits instead to direct to lending to the real economy.
"The new program of bond purchases backed agreed today (Thursday n.red.) Will be purchased loans to the real economy," ECB President Mario Draghi explained, the man who just words brought calm in European financial markets. Program of asset purchases was not accepted unanimously by board governor, said ECB president.
In July, Bundesbank President Jens Weidmann described this acquisition as problematic and warned banks while supporting Loss of profits are shifted to the company.
Hungary will launch a massive program of highway construction based on European funds
Hungary intends to increase to 60% the amount of EU funds that will allocate economic development funds programming period 2014-2020 cohesion from 16% in 2007-2013, says Portfolio.hu. The remaining 40% of funds will be used for human resources and infrastructure, said Janos Lazar, head of the cabinet of Prime Minister Viktor Orban.
Lazar also announced a major program of highway construction, saying that every highway in the country should reach the border until 2018 he drew attention to the "answer" given by the European Commission political forces calling for the EU to sanction Hungary providing funding of 34.5 billion through a partnership agreement.
According to Lazar, European funds and inputs required from Hungary will mean development projects 12,000 billion forints by Hungary until 2020 the Partnership approved last week will be signed by Hungarian Prime Minister Viktor Orban and European Commission President Jose Manuel Barroso on 11 September.
Lazar also announced a major program of highway construction, saying that every highway in the country should reach the border until 2018 he drew attention to the "answer" given by the European Commission political forces calling for the EU to sanction Hungary providing funding of 34.5 billion through a partnership agreement.
According to Lazar, European funds and inputs required from Hungary will mean development projects 12,000 billion forints by Hungary until 2020 the Partnership approved last week will be signed by Hungarian Prime Minister Viktor Orban and European Commission President Jose Manuel Barroso on 11 September.
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