The European Commissioner for Regional Development, Johannes Hahn, has said that Spain must spend more of its European funding on the ‘real economy’ and less on grandiose infrastructure projects, adding that the regions should introduce specialised economic strategies based upon the strengths of each region.
EU seeks to gag ratings agencies
The European Commission is seeking to prohibit the ‘ratings’ agencies, such as Moody’s, S&P and Fitch’s, from publishing details relating to countries who have already got into trouble, such as Ireland, Greece and Portugal, or countries seeking or negotiating international aid.
Decision day on cucumber crisis compensation
The European Commission will today decide whether to give Spain the €71 million compensation requested by the government relating to the damages suffered by farmers during the ‘killer cucumber crisis’ after Germany wrongly accused Spain of being the source of a deadly e.coli outbreak.
European Commission raises assistance to farmers affected by E.coli outbreak to €210 million
The European Commissioner for Agriculture, Dacian Ciolos, today proposed increasing financial aid to European fruit and vegetable farmers affected by the E.coli fiasco to €210 million, the initial offer having been €150 million.
EU ultimatum over pollution in Huelva
The European Commission has issued an ultimatum to Spain regarding the dumping of solid industrial waste in the Huelva estuary.