Gaps remain in the regulatory oversight of the EU’s Emissions Trading System (ETS), despite efforts to bolster its security after high-profile cases of fraud, the European Court of Auditors has warned.
Should they stay or should they go? Athens and the Troika try to come to a final agreement that would allow Greece to stay in the EU, and retain what's left of its welfare state. EurActiv reports, in real time.
France wants the eurozone to push for a deal with Greece before Sunday's referendum, President François Hollande said yesterday (1 July), in comments that differed sharply from those of German Chancellor Angela Merkel.
Chancellor Merkel emphasised that despite the situation in Greece, Europe is stable and intends to “calmly” await the Greek referendum, while Finance Minister Schäuble accused Athens of “flip-flopping without purpose or understanding”. EurActiv Germany reports .
Assuming that there is no last-minute deal between Athens and its creditors, Greece will lose €16.3 billion of financing at midnight Washington time today (30 June), EU officials told the press in Brussels.
Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires today (30 June), European Union and Greek government sources said.