EIM Member States - May 2014
02 June 2014
Portugal opts for a clean programme exit, and the first post-programme surveillance mission to Ireland concluded that a gradual recovery can be expected in 2014. ‘Brexit’ talk dominated in the UK.
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Portugal opts for a clean programme exit – but still much work to be done to maintain progress.
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The first post-programme surveillance mission to Ireland concluded that a gradual recovery can be expected in 2014 but assumes a rigorous implementation of the budget.
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The Bank of Italy warned of 'fragile' recovery as bad loans have begun to decline relative to overall lending.
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The fourth Troika review of Cyprus made good reading as the programme remains on track and fiscal targets for the first quarter of 2014 were met with a considerable margin.
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'Brexit' talk dominated in the UK as PM Cameron guaranteed a referendum if he is PM after 2015 and underlined that some of his demands require "treaty change".
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UKIP topped the EP poll – but paradoxically, the YouGov polls show that 'stay in the EU' respondents overtook the 'outs' in March and have increased their lead to 42:37.
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© Graham Bishop