European Commission


Whatever happened to the 11.8m Euro

Published on Friday, July 27, 2007 BELMOPAN, Belize: The Ministry of National Development has announced that official confirmation has been received from the European Commission Delegation in Jamaica that a grant of Euro 11.8 million, or BZ$32.5 million, has been allocated to Belize under Envelope ‘A’ of the 10th European Development Fund. This BZ$32.5 million allocation represents a 20% increase from the original allocation indicated earlier by the European Commission. The increase in allocation is provided by the European Commission as an incentive to Belize and was calculated on the basis of Belize’s performance in governance, and credibility and extent […]


EU Blacklists Belizean Seafood

In a move to eradicate illegal fishing, the EU has blacklisted Belize from exporting it’s produce to the world’s most valuable seafood market as of Monday May 13, the ban will require ALL EU states to stop importing seafood from Belize and the EU vessels are required to stay out of their waters. The ban includes Belize, Cambodia and Guinea. This comes after being warned back in 2012 to take action against illegal fishing or face the consequences. [pullquote]“I want EU citizens to know that the fish they consume is sustainable, wherever it comes from. – EU’s Fisheries Commissioner Maria […]


How EU and US Economic Policies spell bitter end for Caribbean Sugar

This article was originally posted by the Council on Hemispheric Affairs on June 24, 2005. We thought you may be interested in reading it. Notice how the Caribbean nations have been affected by this and add it in to what we’ve been saying all along that things are all part of a larger goal. CALLOUSNESS REDEFINED: HOW EU AND U.S. ECONOMIC POLICIES SPELL A BITTER END FOR THE CARIBBEAN’S SUGAR INDUSTRY Yesterday, the European Union’s (EU) agriculture commissioner, Mariann Fischer Boel, revealed the specific provisions of the plan originally proposed last July to cut the preferential price the EU pays […]


Greece – the Country we should be studying for what NOT to do

Seeing how the International Financial market has led nations to be on one knee and some with seemingly no hopes of getting back on their own two feet; Greece stands out today as THE example of what NOT to do to get yourself out of the hole you were thrown into. Open you browser and search for Greece and it’s financial woes and you will understand.. A bit ago we posted What happens when a country Defaults on their Foreign Debt or gets a Bailout to avoid Foreclosure? and ‘Meddlers’ upset Greek sell-offs both articles describe the dire situation in […]


Debt inspectors face dilemma over Portugal

By BARRY HATTON | Associated Press LISBON, Portugal (AP) — Foreign inspectors faced a dilemma as they began assessing Portugal’s compliance with the terms of its financial bailout agreement Tuesday. Portugal has broadly abided by its commitments to slash spending and reform the economy in return for last year’s €78 billion ($98 billion) rescue. But falling tax revenue due to a recession means Portugal is likely to miss its budget deficit target of 4.5 percent this year. That means the bailout lenders may have to grant Portugal more time to meet its deficit goal — a concession they are hesitant […]