"The huge amount of spatial debris that is generated is a real problem for active satellites."
Italian Space Agency
""It was the start of the conquest of space by the Soviets, which nobody was expecting""
Former ESA Director of Science
"We need new initiatives at the European level to deepen the functioning of the monetary union."
Vice- President, ECB
"I agree with the Trump policy about putting additional requests to China, because China can do more."
Former US Secretary of State
"France and Germany shouldn't be bullying the other 26."
MEP, Christian Democrats
"The tradition comes from the shepherds, who cooked their meat with dasarashi, between two slates."
Chef, Gabala Khanlar
"There’s one thing architects and politicians have in common: they both love big, expensive projects."
"There is no war in Senegal. But when you wake up in the morning and you have nothing to eat, this, too, is a kind of daily battle."
Portugal remains on course for restored economic health
after latest figures suggest it has managed to shrink its deficit, although the overall debt
The French sounded a little more bullish about their debt on Thursday with the news that Paris is cutting its deficit target for 2015 and that
Russia will dip into its emergency reserve fund to the tune of more than 50 billion dollars to stop its deficit, hit by falling oil prices and a
France is to cut its public deficit to 4.1 percent of economic output in 2015. That is down from a previous target of 4.3 percent. The figure comes
Greece has gone ahead with plans for a near-balanced budget for 2015, ignoring protests from the Troika of international lenders.
The European trade surplus was given a shot in the arm on Monday with the numbers for September doubling the previous figure.
The better result was
Argentina, Latin America’s third biggest economy is set to default on its debt for the second time in 12 years.
Negotiations with the so called
Egyptians are complaining that a cut in government energy subsidies has led to a massive rise not only in fuel prices but also other goods and
Argentina is on the brink of a second default in 13- years if it fails to reach a deal with two US hedge funds.
A US court has ordered Argentina to
Eurozone government are finally starting to get their finances under control, according to the Eurostat statistics agency.
But the region’s total
France’s new Socialist finance minister has attempted to reassure Germany, its closest partner, that his country would stick to promised deficit
The Spanish government has ordered a major overhaul of the energy sector that will cost companies and consumers billions.
The problem is a growing
For the 10th month running Hungary’s central bank has reduced its main interest rate by 0.25 percent.
It is now at 4.5 percent, down from seven
Egypt is closing to sealing a 3.7 billion euro loan from the International Monetary Fund.
After years of political turmoil and plunging foreign
Portugal is reportedly to get more time to cut its budget deficit.
As part of Lisbon’s 78 billion euro bailout, inspectors from the ‘troika’ of
Portugal enjoyed strong demand from investors in its first sale of longer term government bonds since Lisbon was forced to asked for an EU bailout
The central bank in Paris has said that it expects France’s economy to slip into recession as this year ends.
That would make it harder for the
While the eurozone made dramatic inroads into its fiscal deficit deadweight last year, slashing it to 4.1 percent of GDP from 2010’s 6.2 percent
Australia’s flagship carrier,Qantas Airways, has announced its first ever annual loss since privatisation in 1995.
The company posted losses close
Greece’s Prime Minister Antonis Samaras is on a charm offensive meeting eurozone leaders to try to persuade them that all his country needs is more