Barroso vows to present 'options' on euro bonds soon

The European Commission will present options soon for the introduction of euro area bonds, its president José Manuel Barroso said on Wednesday (14 September), urging a decisive move towards greater economic integration to drag the euro zone out of the debt crisis.
An initial European Commission proposal to double the research budget to 100 billion euro for seven years has already been lowered to 80 billion. A member of the European Parliament, Maria Da Graça Carvalho, familiar with the negotiations, on Thursday told the Paradiso-FP7 conference that Germany has indicated it's willing to support a budget just below 80 billion for the seven-year period starting in 2014. That still would be a significant increase over the current seven-year budget of 50 billion euro which is ending in 2013.

The current round of ICT research funding is known as FP7, or the Seventh Framework Programme. It's the type of research money that has helped for example develop the GSM mobile phone technology that now is in use globally.

Also speaking in this report are:
- Neelie Kroes, Vice-President of the European Commission and Commissioner for Digital Agenda.
- Catherine Trautman, Member of the European Parliament and Governor of the European Internet Foundation
- Anna-Maria Darmanin, Vice-President of the European Economic and Social Committee
- Ziga Turk, former minister for Growth in Slovenia
- Zoran Stancic, Deputy Director-General, DG INFSO, European Commission.

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[NYzwolf]

What the Greek people "NEED" is, MORE GUNS.

[ConfederateDixieGirl]

@NYzwolf Exactly, it just proofs the whole reasons why any civilized countries would need the second amendment in their constitution.

Sic Semper Tyrannis

[NorceCodine]

It seems to me that Barroso could use a six-pack himself.

[alexusdelarge]

Barroso should be imprisoned.. and never let out again.

[DerBotoxPapst]

how long will it take them to deliver us an entertaining fist fight like the asians do it regularly?

[alexusdelarge]

What the fuck is barroso talking about? The things he proposes are not based on theory, just wishful thinking. Before further integration is possible it has to be theoretically sound, not just fairy tales about communism... The markets will not bow to politics, that's the theory and this theory will also prevail.

[FreeinTX]

@chatty125 1. It's all brass on the titanic. 2. Maybe I'm a little too yankee for ya, but the ONLY function of government is to secure our HUMAN RIGHTS, and the only legitimate power a government posseses, is the power that comes from the consent of the governed. The EU has shown it is biased, unfair, doesn't follow its own laws when it suits them, but slams others who fail to comply with the slightest infractions. It's FASCIST. Corporatist. TYRANNICAL.

Cheers

[DutchConfederacy]

Time for that fascist to burn. Now can we please get Holland out of the eussr, including a full refund of the money our government wasted on this stupid project, with interest, but that is obvious.

[chatty125]

@FreeinTX I will concede to you that it probably means a bit of both. However, to call the EU tyrannical is a gross misperception. Granted there is a democratic deficit, although no more than there is in the UK. In the end I believe that is better to part of the world's largest economy and free market, rather than be on the outside. Norway is on the outside, but yet it still must follow EU regulations due to the EU being it's largest market.

[FreeinTX]

@chatty125

Small government means LITTLE POWER, not few people! DUH! Large amounts of power placed in the hands of a few, unelected, unaccountable, people is NOT small government! That is called TYRANNY! Legit governmental powers come ONLY from the consent of the governed! And the last thing this world needs is a bunch of CRIMINAL BANKSTER SCUM making decisions about places they have never even seen before!

DEATH TO THE NEW WORLD ORDER and F-CK THE EU!