A European Commission report has highlighted the poor economic results of the candidate countries which are scheduled to join the EU in the first quarter of 2012.
EU: Serbian economy in decline – Blic
More and more Poles returning from abroad are encountering problems with the Revenue Office which is demanding taxes on foreign pensions and savings deposited in banks in other countries.
Tax office chases emigrants – Rzeczpospolita
According to an Irish Central Bank study of wealth destruction in 14 European countries. In the three years to the end of 2010, Irish household net wealth fell 23% when measured as a proportion of disposable income. Denmark experienced the second largest fall in household wealth, at 17%, followed by Spain at 13%.
Irish households suffer most severe wealth cuts in Europe – The Irish Times
Doubts about regional governments’ respect for austerity objectives set by Madrid have discouraged investors in Spanish bonds.
Spanish risk premium surges on doubts over regional governments – El Mundo
In the wake of an investigation into the abuse of public funds by members of his entourage, the founder and leader of the Northern League, Umberto Bossi, has resigned from his post as secretary of the populist pro-autonomy party.
For the League, Bossi era is over – La Repubblica
The government plans to analyse the level of dependence on unemployment benefit, with a view to cutting back on payments. Amounts and entitlement periods have already been reduced, but both the government and the EU-IMF-ECB troika want further measures.
Government to examine further benefit reduction – Diário de Notícias
Five officers have been suspended following Scotland Yard's referal of eight new cases to the official police watchdog.
Police in crisis after flood of racism complaints – The Independent
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