The number of Irish applicants for jobs with the EU has been so low lately as to cause the European Personnel Selection Office, the EU’s recruitment body, to specifically try to recruit more Irish. As the Minister of State of European Affairs Lucinda Creighton said, “I am very concerned and it is something I have…
Scottish Fishermen Voice Frustration with EU Policies
The fishermen in north-eastern Scotland have some strong opinions about the EU. According to Andrew Charles, a seafood processor, “The EU has been devastating for the Scottish fishing industry.” The bloc’s fleet reduction policies have forced many fishermen out of the business. Recently, the number of Scottish fishing boats fell from 2365 in 2004 to…
EU Comments on Spanish Overhaul of Banking Sector
Spain’s recent overhaul of their banking sector as part of the euro-zone bailout is moving forward. The European Commission recently reported, however, on even more steps that Spain needs to take. The review was co-authored by the Commission and the European Central Bank. The review said that “much work remains ahead” so that the asset…
Eastern European News
Lithuania Propels into Fintech
Lithuania is fast gaining a reputation for being the most accelerated Fintech hub in all of Europe. It features year-on-year 40% growth in the area as well as a burgeoning talent base and quite unique regulatory route. This has rendered it Europe’s largest e-money license issuer. As such, large names are flocking to the area…
Business in Europe: Best Countries Report
Yesterday the European Chamber (EUCHAM) put out a report of “rank[ing] and analyz[ing] all 46 European countries according to their economic environment.” In brief, it was found that the list toppers were those from the Nordic regions (Denmark, Finland, Norway and Sweden). Next on the list was the UK. While in general the FSU countries…
