EU slams France, Italy, Portugal for spending 'imbalances'
Vice-President of Euro and Social Dialogue
Strasbourg - AFP
The European Commission on Tuesday said France, Italy and Portugal were in violation of EU rules on public spending and would be more closely monitored by Brussels.
In a statement the commission, the EU's executive arm, pointed to France's "large public debt coupled with deteriorated productivity growth".
It also singled out Italy's "high government debt" along with a worrying levels of long-term unemployment that "weighs on growth prospects". In all five countries, including Bulgaria and Croatia, were found to be experiencing "excessive imbalances" in the EU.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:18 2015 Sunday ,25 October
Western Digital's hard drive encryption useless
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 14:34 2016 Wednesday ,16 November
Swimmers worth their salt cross shrinking Dead Sea
GMT 18:34 2017 Sunday ,21 May
Bashar Essam hosted a display for weddings and evening dresses
GMT 08:31 2013 Monday ,15 July
Ward El Khal to Arab Today: I have a lot of respect for Nicole Saba
GMT 00:35 2017 Tuesday ,18 July
Jailed Chinese Nobel laureate Liu Xiaobo passes away
GMT 16:56 2017 Tuesday ,04 July
Prince congratulates US president
GMT 10:57 2016 Tuesday ,04 October
Falling US natural gas output meets stronger demandGMT 17:52 2013 Tuesday ,04 June
Salafists urge ‘Harass Nude Girls’
GMT 12:06 2015 Wednesday ,04 March
New Dodge Charger unveiled in Bahrain
GMT 05:51 2016 Sunday ,09 October
German companies consider taking symbolic stake in Deutsche Bank
GMT 12:23 2016 Friday ,15 July
Ahead amid heightened securityGMT 14:55 2011 Tuesday ,26 July
Drug abuse haunts students’ summer vacation
GMT 20:07 2017 Thursday ,03 August
First UK-based Brand Ambassador
GMT 20:26 2017 Wednesday ,03 May
Dalal that the health situation of her husband
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor