Greek PM Lucas Papademos, along with leaders of major political parties and the EU/ECB/IMF troika, negotiated throughout the night to reach agreement on cuts to pensions and wages, as well as job reductions in the private sector. At stake is a new bailout of 130 billion euros.
Night of the long knives – Ta Nea
This February 9, the European Central Bank is to allow national central banks to accept less collateral from commercial banks wishing to borrow. A measure aimed at lowering the cost of credit and increasing cash flow.
Central banks to swallow waste – Financial Times Deutschland
The "Gorilla" corruption scandal linking Slovakia's main political parties with business interests has turned campaign for this March's election into the most venemous in recent memory, harking back to the post-Communist period.
The dirtiest election campaign in 22 years – Pravda
The G6 Alliance, which brings together six major international shipping companies, has decided that Far East cargo will be unloaded at the Belgian port city only twice a week. On other days, ships will offload at Rotterdam, Hamburg and Southampton.
Blow to the port of Antwerp – De Standaard
The latest Siemens Green City Index City has ranked the Portuguese city Number 1 in energy performance for residential buildings, which consume 30% less energy compared to the European average.
Porto, European champion in energy savings – Jornal de Notícias
The Cypriot government has given the green light for heavily indebted Cyprus Airways to increase its capital and has authorised negotiations for the sale of an unspecified stake of the state-run carrier to investors, with Russian airline Aeroflot being best placed.
Wings of Aeroflot for Cyprus Airways – Politis
According to Eurostat, the number of Poles living below the poverty line dropped from 13 million to 5 million in the last six years, making Poland the European country in which poverty has most declined.
Poverty squeaks less loudly – Gazeta Wyborcza
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