Monday

22nd May 2017

Ticker

Philippines cuts EU funds that 'interfere' in domestic policies

The government of the Philippines announced on Thursday that it will no longer accept EU funds that "may allow it to interfere with internal policies of the Philippines,” presidential spokesman Ernesto Abella told the press. One specific grant had prompted the decision, he said, without revealing which one. The EU Multiannual Indicative Programme for the Philippines amounts to €325 million for the period between 2014 and 2020.

Portugal held up as symbol of EU recovery

Portugal to sail out of troubled waters after eight years of financial crisis, EU commission predicted, amid broad but "fragile" recovery in European economy.

Money causes schism in sharing economy

The sharing economy started out with a few people opening their homes, lending some tools, sharing cars - all for free. Monetising sharing practices has created a giant that some "original" sharers refuse to associate themselves with.

Focus

Lithuania helps gay Chechens flee Russia

Linas Linkevicius, foreign minister of Lithuania, said his country issued visas to two persecuted Chechens and that an international effort was underway to protect others.

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