News

Here comes the Bulgarian artist Yanko Tsvetkov with an exercise in irony; albeit it has to be said that the probability of him being spot-on is high to quite high.

When educated and entrepreneurial young people leave their country in massive numbers, it impacts the economy for the long term. Their country invested heavily in their education, an asset, and now they put this asset to work in another country. The exodus now underway doesn’t bode well for a long-term solution of the debt crisis.

“This is stupidity writ large. The Euro is burning, the EU is falling apart and yet here they are: highly-paid, highly-pensioned officials worrying about the obvious qualities of water and trying to deny us the right to say what is patently true".  Roger Helmer, conservative MEP

With the goal to remove obstacles to investment and attracting talent, the European Commission has identified the European Research Area (ERA) as a prerequisite for a new era of innovation and competitiveness in Europe.

MEPs approved a resolution that demands stricter rules to reduce emissions of fluorinated gases. This will have an impact in the next year or two on the disbursement of development funds in this area.

The EU, which is the world's biggest aid donor and gives over € 53 billion a year to developing countries, could save € 4 billion by managing more effectively the grants and loans it provides.

European innovation policies lack the "creative destruction" widely accepted in the US, raising barriers for businesses seeking to find new ideas and applications, according to a report compiled by the Centre for European Reform, a British think-tank.

German Minister Christoph Matschie has called for more EU funds to support research & development for East German regions.

Jesse's Café Américan takes a look at the free trade theory.

Barry Bosman, a Dutch lego freak, built a functioning, electrically powered V8 engine--entirely from separate lego pieces.