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NNA - Samir El Soueidy, étudiant à l’Université La Sagesse, lauréat du « Mot d’or de la Francophonie »
ANI - Le Centre d’Employabilité Francophone (CEF) de Beyrouth a accueilli, le 26 mars 2024, la finale du «Mot d’Or de la francophonie 2024», ...
ATA - Government to invest 75 million Euros in Vjosa River protection
TIRANA, March 27/ATA/ The Albanian government approved today a very important loan agreement with the International Bank for Reconstruction and Development(IBRD) on the Vjosa River....
ANSA - دار فالنتينو تلغى عروضها المقررة حتى يونيو القادم
(أنسامد) -مارس 26-روما- أدى قرار الإنفصال بين دار الأزياء الراقية فالنتينو ومصممها الإبداعى بيير باولو بيتشيولى بعد 25 عاماً من الإبداع إلى إلغاء عروض الأزياء الرجالية والأزياء الراقية الذى كان من المقرر اجراؤها حتى يونيو القادم بما فى ذلك عرض الأزياء الراقية فى باريس. ...
ANSA - Tennis: Sinner beats O'Connell, will face Machac in Miami quarters
Italy's world number three Jannik Sinner overcame some stiff resistance from Australian Christopher O'Connell in the first set to win 6-4 6-3 on Tuesday ...
NNA - مؤتمر عن 'الجرائم المالية والاقتصاد النقدي' في جامعة الروح القدس
وطنية - نظمت جمعية Rethinking Lebanon بالتعاون مع الجيش اللبناني وكلية إدارة الأعمال في جامعة الروح القدس - الكسليك مؤتمرا بعنوان "الجرائم المالية والاقتصاد النقدي"، في حضور مدير مركز البحوث والدراسات الإستراتيجية العميد الركن منصور زغيب ممثلا قائد الجيش العماد جوزيف عون، ضباط وعناصر المركز،...
NNA - Rebirth Beirut signs an MoU with light Inc. for an in-kind donation of led streetlights to continue to illuminate the streets of Beirut
NNA - Rebirth Beirut announced the signature of a Memorandum of Understanding (MoU) with Light Inc., a leading provider of lighting solutions in Lebanon, ...
ANSA - Messina Denaro helper managed NRRP funds
One of three men arrested for helping late fugitive superboss Matteo Messina Denaro in his 30year run from the law managed cash under the post-COVID...
ANSA - جناح جديد لمعرض كتاب تورينو
(أنسامد)-مارس 27-روما-يقيام معرض كتاب تورينو فى الفترة من 9 الى 13 مايو القادم حيث سيزود بجناح مؤقت ومخصص للتدريب وتبادل الخبرات بين الأجيال.
وتبلغ مساحة المعرض الإجمالية137 ألف متر مربع وسيقام فى مركز المؤتمرات الذى سيتم دعمه بحوالى 15 ألف مقعد إضافى على مدى 5 أيام...
NNA - جمعية 'الشفافية' قيمت تنفيذ الإصلاحات في الشراء العام والعليّة اعلن ن منصة إلكترونية قريبًا لضمان الشفافية
وطنية - أعلنت جمعية الشفافية الدولية لبنان-لا فساد، عن مؤشر الالتزام بتطبيق الإصلاحات في استراتيجية الشراء العام بين ٢٠٢٢-٢٠٢٤، حيث تُشير الأرقام إلى تطبيق٣٣٪ منها فقط،ما يُظهر حجم الفجوة المؤسّساتيّة والإدارية في القطاع العام ...
NNA - السفارة البريطانية أطلقت بالتعاون مع السفارة الكندية مسابقة 'سفيرة ليوم واحد'
وطنية - أعلنت السفارة البريطانية في بيروت في بيان، أنها "أطلقت بالتعاون مع السفارة الكندية في لبنان، احتفالا بيوم المرأة العالمي في 8 آذار، مسابقة Ambassador For A Day "سفيرة ليوم واحد" للسنة الثانية". ...
ANSA - ITA posts net loss of 5m in 2023, revenue at 2.4bn
ITA Airways closed the 2023 financial year with a net loss of five million euro,an improvement of 481 million euro compared to the previous year....
ANSA - التنس: موسيتي يفوز على شيلتون لينضم لدور الـ16 في ميامي
(أنسامد) - مارس 27 - روما - قدم لاعب التنس الإيطالي لورينزو موسيتي أداءً ممتازًا ليهزم الأمريكي بن شيلتون في بطولة ميامي المفتوحة ويضرب موعدًا في دور الستة عشر مع كارلوس الكاراز.
وعوض اللاعب البالغ عمره22 عاما تأخره 3-صفر في المجموعة الأولى و4-1...
NNA - منتدى BEAUTY AND WELLBEING FORUM من 18 الى 21 نيسان في الفوروم دي بيروت
وطنية–يعقد للمرة الاولى في لبنان منتدى Beauty and Wellbeing forum 'جامع بين الجمال والصحة الجسدية والنفسية'، في 'الفوروم دي بيروت'،على مدى أربعة أيام من 18إلى21 نيسان المقبل، برعاية وزارتي الإعلام والاقتصاد والتجارة وبالشراكة مع وزارة السياحة، في حضور عدد كبير من الخبراء في مجال الطبّ...
NNA - فوز الرياضي بيروت على الحكمة بيروت في نصف نهائي بطولة نوادي غرب آسيا في كرة السلة
وطنية - تقدم الرياضي بيروت منافسه وغريمه التقليدي الحكمة بيروت 1-0، في الدور نصف النهائي لبطولة نوادي غرب آسيا في كرة السلة "وصل"، بفوزه عليه مساء اليوم 95-92، في محمع نهاد نوفل في زوق مكايل، في اولى مباريات نصف النهائي من ثلاث ممكنة. ...
ANSA - Bologna's leaning tower to be secured with Pisa scaffolding
Bologna's leaning tower will be secured with scaffolding from the Leaning Tower of Pisa as part of moves to stop it from falling over completely,...
ANSA - شركة مطار روما تطلق خدمة التسوق عبر الإنترنت في فيوميتشينو
(أنسامد)-مارس27-روما-أطلقت شركة مطار روما خدمة تسوق جديدة عبر الإنترنت للمسافرين في مطار فيوميتشينو في العاصمة الإيطالية روما.
يتيح برنامج "شوب آند فلاي" للمسافرين الحجز مقدمًا لأكثر من 9000 منتج معفى من الرسوم الجمركية على موقع شركة مطار روما وجمعها ودفع ثمنها مباشرة في المطار عند الوصول....
NNA - ماهر عثمان مبدع من لبنان يحصل على لقب مخترع من منظمة IFIA الدّولية
وطنية - حصل اللبناني ماهر عثمان على لقب مخترع بناءً على ابداعاته واختراعاته المتميزة، وهي من شروط ومعايير منظمة ifia الدّولية التي تمنح لقب مخترع مستندة إلى ما ينجزه الشخص المرشّح للحصول على لقب مخترع، بالإضافة الى أن يكون حاصلاً على جوائز عالمية ومحليّة، ...
NNA - الطالب في جامعة الحكمة سمير السويدي فاز بمسابقة 'الكلمة الذهبية للفرنكوفونية'
وطنية - إستضاف مركز قابلية التوظيف الفرنكوفونية CEF في بيروت التابع للوكالة الجامعية للفرنكوفونية، في 26 آذار 2024، المباراة النهائية لمسابقة "الكلمة الذهبية للفرنكوفونية 2024".وفاز بالمرتبة الأولى في المسابقة الطالب سمير السويدي من كلية الهندسة في جامعة الحكمة، الذي ستُتاح له فرصة السفر الى باريس...
ANSA - House approves Salvini's Highway Code reform
The Lower House on Wednesday approved Deputy Premier and Transport Minister Matteo Salvini's controversial reform of the Highway Code,which critics have said will decrease road...
ANSA - جولة غنائية عالمية للمغنية الإيطالية كارمن كونسولى
(أنسامد) - مارس 27 - روما - تقوم الفنانة الإيطالية كارمن كونسولى بجولة غنائية تبدأ من نيويورك فى 22 مايو لتستمر فى الولايات المتحدة بولايات سان فرانسيسكو ولوس انجلوس وميامى ثم مونتريال فى كندا واسبانيا حيث ستؤدى الأغانى الصقلية التقليدية. ...
HINA - Croatia on level with Hungary in terms of GDP per capita
ZAGREB,26,March(Hina)-In 2023, Luxembourg and Ireland had the highest levels of GDP per capita expressed in purchasing power standards,while Croatia was on a level with Hungary...
CNA - رئيسة مجلس النواب تبحث مع رئيس استونيا القضية القبرصية والوضع في أوكرانيا وغزة
ناقشت رئيسة مجلس النواب أنيتا ديميتريو مع رئيس إستونيا آلار كاريس القضية القبرصية والحرب في أوكرانيا وغزة والانتخابات الأوروبية المقبلة، وذلك في اجتماع عقد في نيقوسيا اليوم الأربعاء في إطار زيارته الرسمية لقبرص.
وقع رئيس إستونيا في سجل الزوار في مجلس النواب، وعقد لاحقاً اجتماعاً ...
CNA - القبارصة اليونانيون والقبارصة الأتراك يتفقان على ضرورة استغلال الفرصة الحالية
اتفق رؤساء وممثلو الأحزاب السياسية القبرصية اليونانية والقبرصية التركية الذين اجتمعوا اليوم الأربعاء في نيقوسيا، على ضرورة استغلال الفرصة السانحة الحالية لاستئناف المفاوضات لحل المشكلة القبرصية بشكل بناء. ...
Lusa - Business News - Portugal: Stock market closes with PSI rising 0.88% led by EDP group
Lisbon, March 27, 2024 (Lusa) - The Lisbon stock market ended Wednesday's session with its main index, the PSI, up 0.88 % to 6,276.69 points...
Lusa - Business News - Angola: Unions welcome new labour law now in force
Luanda, March 27,2024 (Lusa) - The secretary-general of the Angolan Centre of Independent and Free Trade Unions (CGSILA) on Wednesday welcomed the entry into force...
CNA - رئيسا قبرص وإستونيا يتفقان على زيادة تعميق التعاون
أشار رئيس الجمهورية نيكوس خريستوذوليديس ونظيره الإستوني آلار كاريس اليوم الأربعاء إلى أوجه التشابه بين قبرص وإستونيا رغم المسافة الجغرافية بينهما، وذلك بعد اجتماعهما في القصر الرئاسي واتفقا على زيادة تعميق التعاون بين البلدين على جميع المستويات من خلال استكشاف مجالات جديدة مثل الاستثمار والأمن...
Lusa - Business News - Portugal: No delay seen in high-speed rail plans due to government change - IP
Lisbon, March.27,2024 (Lusa) - The head of Portugal's infrastructure managing company (IP), Miguel Cruz, recalled on Wednesday that there was consensus in the country's parliament...
Lusa - Business News - Portugal: Azores businesses want urgent action to mitigate seasonal tourism
Ponta Delgada, Azores, Portugal, March.27,2024(Lusa) - The Ponta Delgada Chamber of Commerce and Industry on Wednesday called for an immediate action plan in the face...
Lusa - Business News - Angola: Govt reducing striking workers' pay an exercise in intolerance - unions
Luanda, March.27,2024(Lusa)- The three trade union centres involved in the first phase of a general strike in Angola on Wednesday criticised the government's pay deductions...
Lusa - Business News - Portugal: Search for missing French couple in Madeira on hold due to weather
São Vicente, Madeira, Portugal,March.27,2024(Lusa)- The search for the missing tourist couple on the north coast of the island of Madeira has been suspended since Tuesday...
Lusa - Business News - Portugal: Out-going PM Costa leaves next government with fiscal 'leeway'
Lisbon, March.27,2024(Lusa)- Portugal's out-going prime minister said on Wednesday that the budget surplus of 1.2% achieved in 2023 did not come out of the blue...
Lusa - Business News - Portugal: Alenjejo quarry road collapse case delayed until October
Évora, Portugal, March.27,2024(Lusa)- The start of the trial in the case of the collapse of a quarry road in Borba, in the district of Évora,...
Lusa - Business News - Cabo Verde: Hotels break accommodation records
Praia, March.27,2024 (Lusa) - Cabo Verde's hotels broke the record for guests in 2023, surpassing one million, the National Statistics Institute (INE) announced on Wednesday...
CNA - توقع بنمو الناتج المحلي الإجمالي لقبرص بنسبة 2.4% في عام 2024
قالت وكالة التصنيف مورنينغ ستار دي بي آر اس، أنه يتوقع أن يتوسع الناتج المحلي الإجمالي الحقيقي لقبرص بنسبة 2.4% هذا العام، وذلك بعد مراجعة هامشية لتوقعاتها في كانون الأول/ديسمبر 2023 والتي كانت 2.5%.
قامت وكالة التصنيف الكندية برفع توقعاتها لعام 2025 بشكل كبير، ...
Lusa - Business News - Portugal: TAP privatisation should not be done 'under pressure' ex_PM Costa
Lisbon, March.27,2024(Lusa)- Portugal's outgoing prime minister said on Wednesday that it would be "very positive" if the privatisation of TAP were carried out "without pressure"....
CNA - Petroleum products sales up 7.1% annually in February
The total sales of petroleum products amounted to 115,421 tonnes in February 2024,recording an increase of 7.1% compared to February 2023, according to data published...
CNA - وزير الدفاع يتبادل مع سفيرة فرنسا وجهات النظر بشأن التعاون
ناقش وزير الدفاع فاسيليس بالماس وسفيرة فرنسا لدى قبرص سالينا جرينيه كاتالانو اليوم الأربعاء،التعاون بين فرنسا وقبرص ومبادرات الاتحاد الأوروبي في مجال الدفاع.
وفقاً لما نشرته سفارة فرنسا في قبرص على المنصة"X"،أنه تم توجيه دعوة للوزير بالماس لزيارة الفرقاطة الفرنسية "كوربيه" التي رست في ميناء لارنكا....
Lusa - Business News - Macau: Hotel establishments host record number of guests for February at 1.22M
Macau, China, March.27,2024(Lusa) - Macau's hotel establishments welcomed more than 1.22 million guests in February, setting a new monthly record for a second consecutive month,...
Lusa - Business News - Portugal: Lisbon stock market trading higher, led by Mota-Engil; index up 0.07%
Lisbon, March 27,2024 (Lusa) - The Lisbon stock market was trading higher on Wednesday morning, with Mota-Engil shares leading the gainers, rising 1.84% to €4.97....
Lusa - Business News - Portugal: Pilot project to assess health of country's bees using 5G mobiles, AI
Lisbon,March.27,2024(Lusa)- Portugal's beekeepers can now try out a new solution based on the fifth generation mobile service of operator NOS and on artificial intelligence (AI)...
Lusa - Business News - Macau: Imports from Portuguese-language nations down 17% 'due to Lunar New Year
Macau, China, March 27, 2024 (Lusa) - Macau's imports of goods from Portuguese-language countries in February were down 17.2% on the same month in 2023,...
Lusa - Business News - Portugal: Consumer confidence indicator at highest level in over two years - INE
Lisbon, March 27,2024 (Lusa) - Portugal's official consumer confidence indicator increased between December and March, reversing the downward trend seen in the previous four months...
Lusa - Business News - Portugal: Flag carrier TAP makes record profit of €177.3M in 2023
Lisbon, March.27,2024(Lusa)- TAP achieved its highest-ever net profit last year, with a profit of €177.3 million, while revenues exceeded €4 billion for the first time,...
Lusa - Business News - Mozambique: SADC pullout from Cabo Delgadato to force 'repositioning' - analysts
Maputo, March 27, 2024 (Lusa) - The planned withdrawal from Cabo Delgado province, in northern Mozambique, of a Southern African Development Community (SADC) military mission...
Lusa - Business News - Portugal: National carrier TAP profit all but triples to €177M .on €4B turnover
Lisbon,March 27,2024(Lusa)-Portugal's national airline, TAP, achieved its highest ever net profit last year, at €177.3 million, while revenues exceeded €4 billion for the first time,...
CNA - نجاح عالمي للفيلمين القبرصيين القصيرين 'المنطقة العازلة' و'تاكسي'
حقق الفيلمان القبرصيان القصيران 'المنطقة العازلة' و'تاكسي' نجاحاً عالمياً وحصلا على جوائز.
ذكر بيان صحفي صادر عن وزارة الدولة للثقافة يوم الأربعاء أن الفيلم القصير للمخرج سافاس ستافرو "المنطقة العازلة" حاز على جائزة أفضل فيلم قصير في مهرجان الفيلم اليوناني في برلين وأنه فاز بجائزة نقدية...
CNA - الرئيس خريستوذوليديس يستقبل الرئيس الإستوني في القصر الرئاسي
يستقبل رئيس الجمهورية نيكوس خريستوذوليديس في القصر الرئاسي صباح اليوم الأربعاء الرئيس الاستوني آلار كاريس، الذي يقوم بزيارة رسمية لقبرص تستغرق ثلاثة أيام.
يعقد الرئيس خريستودوليدس ونظيره الإستوني بعد مراسم الترحيب اجتماعاً خاصاً، يليه محادثات مطولة بين وفدي البلدين ثم تصريحات للصحافة. ...
Lusa - Business News - Portugal: Top Newspaper and news magazine headlines on Wednesday, 27 March
Lisbon,March.27,2024(Lusa)-The chaos in parliament as right and far-right parties fall out is on most of the front pages of Portugal's papers on Wednesday. ...
CNA - Investment and reforms are key to future growth, EU Commission Vice-President Katainen tells CNA




Investment and reforms are key to future growth, European Commission Vice President Jyrki Katainen has told CNA, a year ahead of the European Parliament elections and called on all Member States, especially Cyprus and Greece, to make use of the renewed investment tools, offered at the European level.

“The multiannual financial framework (MFF) is not the medicine that cures all the wounds, but it can have a big impact if the priorities are right," he said.

Katainen urged all those political leaders who still believe that an integrated Europe is better than a nationalistic Europe to defend it, pointing that this does not mean that one has to accept everything that the Commission proposes, but one should have a vision and articulate it clearly to citizens what your vision of Europe is.

In an interview with CNA, Jyrki Katainen, a former Prime Minister and Finance Minister of Finland, also warns against euroskeptisim and urges pro- european politicians to confront populists and euroskeptics in open debates. Finally he offers a glimpse of future public procurement in defense, through a Commission proposal, that will be tabled on Wednesday and has the potential to change the market.

Invited by CNA to outline the EFSI successor, he said "The investEU fund is built on the experience of EFSI, so what we want to do now is to create a more simple investment vehicle than what we had at the moment, so we want to pull together under one fund all centrally managed financial instruments - we had 14 actually - and the reason why we want to pull all of them together is to make it easy for all those who want to use financial instrument to apply.”

He describes the current structure as “quite a jungle” and was constructed in good faith, but in pIEces, which has created a messy situation. “So once EFSI expires at the end of 2020, we build a new fund with the experience we gathered from EFSI and we put in all the guarantee schemes, loan facilities and equities under one roof and regulation, so it is simpler for the end beneficiaries.”

The second thing, he explained, “is that we are trying to maximize the impact of our resources within the budget - so, pulling resources together, creates efficiency gains. So we expect to get 15% more investment just by reforming the way we use the resources.”

“The third element is that we want to open the EU guarantees to multiple financial institutions. The EIB will remain the main implementing partner, but the door is open for national promotional banks, EBRD type organizations. We want to increase and encourage innovation on regional and national level,” he added.

Finally, Katainen noted that “there is a novelty that allows M-S to allocate a part of EU structural funds in order to benefit from leverage effect. For instance, if one country puts 10 million of structural funds in the InvestEU fund, they can get much more financing for their own country, in investments, than just using the initial amount.”


Asked to explain why Cyprus is lagging behind on EFSI usage, he replied: "On Cyprus, it is not about the size that it is at the bottom of the list, because classification is per GDP. Malta is such a small island and in Luxemburg they may not had that many investment needs, but in Cyprus for some reason, we have not managed to encourage local businesses and authorities to look at the opportunities of EFSI. I could imagine that SME financing is one thing that Cyprus could and should use more. Also of course the infrastructure".

CNA asked VP Katainen to give an outline of reforms against bottlenecks that the M-S should pursue as a matter of urgency.

"It varies a lot within the countries. In some countries, they have started to reform the financial regulation, mostly capital market regulation, in order to enable financial institutions to invest more in infrastructure. This is a relevant point in some countries. In some cases the Commission Structural Reform Service has helped countries to look at the changes. In some countries they have issues on skilled labour force. In many countries this is becoming a growing problem,” he said.

Benchmarking the best performers who have the best educational system and vocational training is one thing, he believes. “Then in some countries they have issues with the judiciary. Either it is not transparent enough, or it is awfully slow. The business environment is like this. There is no silver bullet which would immediately open up money taps. If there are good projects, if there is demand and the business environment is stable, then usually money goes there. Sometimes, social type of reforms like education, can have significant impact.”

Referring to Reform Financing, Katainen said "Τhe current proposal focuses on pushing reforms forward. There are two angles. The first is to strengthen the structural reform support service and at the same time to allocate some resources to the M-S who are doing reforms".

"Greece and Cyprus are pushing forward reforms. All the M-S have to reform all the time because the world around us is changing. We have services for all M-S including Cyprus and Greece, to help them to look at various fields of doing changes, and now there are, if M-S accept the budget proposals, there will be financial means to do the reforms. Even if someone could claim that reforms are valuable even without financial support, but if the proposal goes through, there will be incentives - to counter reform fatigue," he said.

For instance if people in Europe believe that this is a good thing to enable 12 million Europeans to have a chance to study in another country or if Horizon Europe creates something which is desperately needed but it cannot be done on a national level, then again one can argue that there is European added value.
“The MFF is not the medicine that cures all the wounds, but it can have a big impact if the priorities are right," he stressed.

The MFF sets the limits for the annual general budgets of the European Union. It determines how much in total and how much for different areas of activity the EU could use each year when it enters into legally binding obligations over a period of not less than 5 years. The recent MFFs usually covered 7 years.

Commenting on the upcoming Commission proposal on the EU Defence Fund and common military procurement, he said that "We are moving to this direction. We have three elements in this fund: the research window, the RnD window and the financial toolbox. The 3rd is mostly related to public procurement and is the thing that is still the most open at the moment.”

“What we are doing at the moment is to try to engage with finance and defence ministries to create financial vehicles that would enable countries to do common procurement. For example, if there are five countries planning to invest in satellite capacity, but the budgetary cycles are different, eg for Greece there is money for next year, for Germany in 2 years, Finland in 3 years, the countries cannot do joint acquisitions due to different budget cycles. So we are trying to create now a tool for the M-S to use to do joint acquisitions,” he noted.

As he points out, “at the end of the day the countries have the capabilities which they are buying and the unit cost will be lower. We are going to this direction. The defence sector, but also finance ministries, are very conservative. We cannot force them to, but they understand that this makes sense and we try to facilitate it. The DGECFIN is working with the fin mins for that. These vehicles can also be used for renewing traditional capabilities, like maritime vessels or planes."

Talking about ways to address populism and respond to euroskeptiks, he said that there are different kinds of things to do to fight populism. The first thing, he explained, is to call on those who consider themselves not to be populists to show strong leadership.


“The referendum on Brexit is a good example that if you complain year after year and you are creating an enemy in front of your citizens that the EU is the enemy, most probably people will start believing it. Because they are your voters. If they don’t believe in you, you will not get elected. So, if you want to convince your citizens that the EU is your enemy, you will get what you ordered. And that is why those political leaders who still believe that an integrated Europe is better than a nationalistic Europe, they should strongly defend it,” he told CNA.

Nonetheless, he added, “this does not mean that you have to accept everything that the Commission proposes, but you should have a vision and articulate it clearly to citizens what your vision of Europe is. I feel this very strongly because I have been myself in this situation in my previous job.”

“I was challenged by populists and the main topic was EU. And I didn’t give up an inch. Sometimes I criticized what the Commission proposed but that didn’t mean that I wouldn’t support the European project. Instead I listed our own priority list- what should be done and actually it functioned very well. We managed to keep popularity of the EU, or at least the meaningfulness of the EU, ahead of the populist agenda. And this is what I am expecting from the political leaders. The second thing is that populism is rising easily if people don’t trust national institutions,” he added.

He indicated that if people do not trust national institutions, they are not likely to trust other institutions.

“Politicians cannot afford to undermine the people who are voting for populists. They are our citizens. They have same obligations and rights as anyone else. And this is why not recognizing these opinions as valuable opinions is the way to feed populism. So you have to face openly and in a transparent manner these topics. So these are few issues," he concluded.
CNA/THA/MM/2018
ENDS, CYPRUS NEWS AGENCY

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Agency : CNA

Date : 2018-06-13 07:54:01







 

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