Secretary General Anders Fogh Rasmussen thanked Italy for its significant contributions to the Alliance during talks with Italian Prime Minister Enrico Letta in Rome on Thursday (25 July 2013). “Italy has been a staunch member of our Alliance since its creation and continues to demonstrate strong commitment to NATO every day in many different ways,” the Secretary General said.
The European sovereign debt crisis reached its apex when global financial markets began considering the possibility that a large euro zone economy — Italy, Spain, or both — could become another Greece, resulting in the dissolution of the single currency. By November 2011, the spread between the yields of 10-year Italian and German bonds was so great that Italy had to pay interest rates well above 7 percent on its long-term debt, a clearly unsustainable level. This marked a political turning point. But while Italy was once seen as a primary cause of the euro crisis, it could now be poised to be part of the solution.
BAKU – Azerbaijan and the European Union signed a deal Thursday that commits the Caspian country to supply Europe with "substantial volumes of gas" to implement the planned Southern Corridor of pipelines bypassing Russia, the EU said.
The Great Recession and subsequent debt crisis have left Europe with a deep and painful legacy. Output remains 7 percent below the pre-crisis trend; public debt levels continue to reach historic highs; banks remain fragile; and the Euro area is severely out of balance. To ensure that today’s downturn does not devolve into long-term slow growth and deflationary trends, European policy makers need to respond with far-reaching structural reforms.
France opposed to Berlin's efforts to link support for new missile defence system with removal of ageing US nuclear weapons.
For centuries we have used maps to delineate borders that have been defined by politics. But it may be time to chuck many of our notions about how humanity organizes itself. Across the world a resurgence of tribal ties is creating more complex global alliances. Where once diplomacy defined borders, now history, race, ethnicity, religion, and culture are dividing humanity into dynamic new groupings.
When during the meetings in Strasbourg and Kiel (in April 2009) the leaders of NATO decided to start discussions on a new strategic concept of NATO, nobody expected easy agreements. Nevertheless all the countries of the Alliance agreed that the key goal of NATO should be the establishment of the secure political environment. To this end the Alliance shall elaborate effective measures for the elimination of threats.
Next year, in accordance with a decision made at the 15th OSCE Ministerial Council in November 2007, Kazakhstan will preside over the Organization for Security and Co-operation in Europe (OSCE). Thus, a former Soviet republic will occupy this position for the first time. Under the circumstances, it would be natural to expect Kazakhstan to do all it can to consolidate its positions on the world arena. Its officials have already announced their intentions to include illegal immigration and drug trafficking on the OSCE agenda, problems that are particularly relevant for all CIS countries.
White Stream, the proposed gas pipeline from Georgia to Romania on the seabed of the Black Sea, is intended to maximize European gas imports from Central Asia through the E.U.-initiated Southern Corridor. The Corridor grand design spans Azerbaijan, Georgia, Turkey, and –with White Stream– also a maritime route to European Union territory via the Black Sea. At its other end, the Southern Corridor is premised on a trans-Caspian link to Turkmenistan for massive European imports of Central Asian gas.
The joint position of the members of the Visegrád Group V-4 promotes their weight and this should be considered within discussion of almost all big issues and problems. The list of big lately actualized European issues includes also Russian initiative on the European Security Treaty (EST), which is also called “Helsinki plus” in Moscow.