With the new bailout plan, Germany has doubled its financial committment to Greece. New spending is on the horizon.
Europe, welcome to the Union Transfer – Die Welt
While questions linger about how Athens will repay its debt, other countries such as Portugal still have to pay high interest rates on loans in order to finance their debt.
Agreement only gives Greece breathing space and doesn't alleviate national interest rates – Público
In January, 12 millionaires each bought up one million euros in Portuguese government bonds. In total, Portuguese investors bought €40 million in national bonds. The troika guarantees the 7.1% interest rate.
Rich bet on public debt – Correio da Manhã
Eight political groups in Spain's parliament have issued a joint statement that sets out how the government must handle Basque terrorist group ETA. The statement calls for a final and unconditional dissolution of the movement, a commitment to the victims of terrorism, efforts towards peaceful co-existence based on the rule of law.
First political consenus to manage end of ETA – La Vanguardia
PGNiG, the Polish state gas monopoly, has taken Gazprom to an arbitration court in Stockholm, on the basis that it pays more than other companies for the gas the Russian energy giant provides it. PGNiG is demanding a 10% reduction, similar to reductions recently granted to French, German and Slovak companies.
Gazprom sued – Gazeta Wyborcza
Fears over piracy and al-Shabaab insurgents lead Britain and other EU countries to consider air strikes on logistical hubs
UK weighs up air strikes against Somali rebels – The Guardian
2007 legislation increasing the minimum working time to qualify for unemployment benefits excludes many people in part time employment, notably the young. In two years, 500,000 have been removed from the unemployment benefit register.
2 out of 3 jobless do not receive unemployment benefit – Dagens Nyheter
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