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Troika: MEPs call for a jobs and social recovery plan
Employment Committee MEPs passed a resolution calling for a jobs and social recovery plan for euro area programme countries. In an exchange of views, the ECB's Cœuré said crisis management should be brought under Community law. (Includes EPP statement.)
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Statement by the European Commission, ECB and IMF on the Third Review Mission to Cyprus
While the programme remains on track, with the macro-fiscal outturn better than expected, Cyprus still faces significant risks. Continued full and timely policy implementation remains essential for the success of the programme.
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Greek government denies it requires third bailout
PM Samaras and Finance Minister Stournaras stressed that Greece does not need any more bailout loans, thereby responding to German Finance Minister Schäuble's statement that the most likely scenario would be for Greece to take a new loan of €10-20 billion to plug the holes in its programme.
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IMF completes tenth review under an EFF arrangement with Portugal, approves €0.91 billion disbursement
The completion of the review enables the immediate disbursement of an amount equivalent to ca. € 0.91 billion, bringing total disbursements under the EFF arrangement to ca. €25.1 billion.
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Further budgetary austerity measures in Portugal
Portugal's parliament has given final approval to an amending budget for 2014, in the face of the votes against by all opposition deputies. Government members said that the latest budget bill was necessary given the need to cut the deficit and meet the terms of Portugal's eurozone bailout.
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Europe must speak with one voice, says Chancellor Merkel
Germany and Luxembourg will continue their good cooperation in the EU, said Chancellor Merkel during Luxembourg PM Bettel's inaugural visit to Berlin. "We would like to see progress on the Banking Union, and on the issue of closer cooperation within the eurozone", Merkel went on to say.
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Reuters: France must reform to keep its side of EU bargain - Rehn
France must implement economic reforms to keep its side of a bargain with the European Commission which granted Paris more time to cut its budget gap in return, VP Rehn has said.
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Reuters: Fight eurosceptics with more integration - France's Moscovici
Eurozone countries should launch ambitious new projects such as common unemployment insurance to counter a surge in support for eurosceptical parties, French Finance Minister Pierre Moscovici said in an interview.
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CEPS/Pertusot & Rittelmeyer: The European elections in France - The paradox of a more European yet more eurosceptic campaign
The combined effects of the economic crisis and the unpopularity of political leaders could crystallise a 'protest' vote for both national and European leaders, and for the EU as a whole.
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VP Reding: The EU is stronger with the UK; the UK is stronger within the EU
Speaking at the Citizens' Dialogue in London, Reding said: "I truly hope that the UK will remain part of the European Union and its single market. And I would like to see the UK become part of the more strongly integrated group of countries one day."
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Balance of Competences: UK Government publishes second set of reports
The UK Government released the latest reports in its review of the impact of the EU on the UK economy and society. The reports point to over-interference in areas such as environment and transport, but conclude that the EU single market and external trade are on the whole beneficial for the UK.
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CER/Springford & Tilford: Britain's Conservatives must choose between sovereignty and free trade
Writing for E!Sharp, the authors says that by leaving the EU, Britain would either lose access to the market, or lose the power to shape it. Conservatives believe in national sovereignty and free trade, but in this case they cannot have both.
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Dutch nationalist Wilders outlines case for a Dutch 'Nexit' from the EU
Geert Wilders, leader of the far-right Freedom Party (PVV) that is leading in Dutch polls for May's EP elections, presented a study that claims the Netherlands would be better off if it left the EU. He urged voters to support his call for "Nexit".
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Finland's economy is on the mend but pushing ahead with reform is key, says OECD
Finland's economy is gradually picking up, but uncertainty surrounds the recovery. Determined action to implement structural reforms is needed to revive economic growth, restore competitiveness and preserve high standards of living and well-being.
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Swiss vote is "pivotal decision with far-reaching consequences"
In a popular vote in Switzerland, 50.3 per cent of the population voted for the introduction of quotas limiting immigration of EU citizens. This calls into question the EU-Swiss agreement and has been met with regret and dismay in the Member States. (Includes Swiss, EU & Member State reactions)
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