High Representative/Vice-President Federica Mogherini, in her remarks ahead of the Meeting of Heads of State or Government of the European Union with Turkey said: “We have difficult times. All of us know very well that apart from the meeting of today, both us, Turkey, but also the region, Turkish people, the European people are all living in very difficult times…”
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In the context of the third economic adjustment programme for Greece, the European Commission has approved additional state aid of €2.72 billion to Greek Piraeus Bank under EU state aid rules, on the basis of an amended restructuring plan.
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The response of the European Union has to be multifaceted. It should include measures to reduce the need for dangerous journeys and tackle the root causes of refugee and migration flows in a way that respects human rights.
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Mogherini and Poposki meet to discuss reforms, fYROM name issue. Maintaining good neighbourly relations, including a solution to the name issue, also remains essential and concrete actions and results are needed without delay.
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Demographic change, together with migration, globalisation and climate change, is recognised as one of the most significant challenges the European Union (EU) is currently facing. In recent decades, the profile of the EU population has changed, due in part to ageing society, changes in patterns of family formation and structure and shifts in the roles of men and women.
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The European Commission welcomed that capital to meet the shortfalls identified by the SSM’s comprehensive assessment for Alpha Bank and Eurobank has been fully raised from private investors. As a result, no state capital injections will be necessary. The Commission has also found the amended restructuring plans of Alpha Bank and Eurobank to be in line with EU state aid rules.
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The new €20, the third in the Europa series, enters into circulation today. It includes a new kind of security feature: a “portrait window” near the top of the hologram stripe which becomes transparent when seen against the light. The window reveals a portrait of Europa, a figure from Greek mythology, which is visible on both sides of the note.
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The Eurogroup welcomed the completion by the Greek authorities of the first set of milestones and the financial sector measures that are essential for a successful recapitalisation process. This is an important step towards addressing the main challenges that the Greek economy is facing and towards restoring it to a sustainable path.
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In September, European Commission presented a set of priority actions to implement the European Agenda on Migration to be taken within the next six months. This included both short term actions to stabilise the current situation as well as longer term measures to establish a robust system that will bear the test of time. The list of priority actions set out the key measures immediately required in terms of: (i) operational measures; (ii) budgetary support and (iii) implementation of EU law.
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EU Council President Donald Tusk, in his remarks following a meeting on Sunday with Prime Minister of Albania Edi Rama, said: “Today in Tirana, Paris and Brussels there is fear, and there is hope. I am confident that hope and freedom are stronger than fear and terrorism…”
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