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The European Central Bank and the national central banks together constitute the Eurosystem, the central banking system of the euro area. The main objective of the Eurosystem is to maintain price stability: safeguarding the value of the euro. 

We at the European Central Bank are committed to performing all central bank tasks entrusted to us effectively. In so doing, we strive for the highest level of integrity, competence, efficiency and transparency.
The European Central Bank

The ECB is the central bank for Europe's single currency, the euro. The ECB’s main task is to maintain the euro's purchasing power and thus price stability in the euro area. The euro area comprises the 13...
, 21.05.2007 more...
China donates $8 mln to WHO for Africa  
 
2007-05-16  
 

The Chinese government has decided to donate 8 million U.S. dollars to the World Health Organization (WHO) for supporting African countries' health cause, Chinese Health Minister Gao Qiang said in Geneva on Tuesday.

Addressing the annual assembly of the UN agency, Gao said the money would be mainly used for the establishment and improving of African countries' disease surveillance network, enhancing their capability for disease control and public health emergency response.

Gao said developing countries suffer deeply from the prevalence of diseases, mainly due to their weak public health infrastructure and difficulties in finance, personnel and technology.

He called on the WHO and developed countries to increase their aid for public health system building in developing countries.

China, as a developing country, still faces many difficulties in its domestic health development, but it is ready to make contributions and work with the WHO and the international community for building a global health security network, Gao said.

The WHO's 60th annual assembly opened in Geneva on Monday. Delegates from the body's 193 member states will discuss a series of health security issues in the 10-day conference.
ADB opens annual meetings in Shanghai

GOV.cnWednesday, May 16, 2007 Chinese Premier Wen Jiabao speaks during the opening ceremony of the 2007 Annual Meetings of the Boards of Governors of the African Development Bank (ADB) Group in Shanghai, east...
Shanghai, 18.05.2007 more...
US Undersecretary Nicholas Burns(R) shakes hands with Croatian Prime Minister Ivo Sanader before their meeting in Zagreb. Burns said that he expected the Western resolution 'to lead to the independence of Kosovo by the end of this month.' Photo:/AFP
Croatia to receive invitation to NATO in 2008

Croatia will receive an invitation to join NATO at a its summit to take place in Bucharest next year, Croatian Prime Minister Ivo Sanader said after talks with the U.S. Under-Secretary for Political Affairs...
Zagreb, 11.05.2007 more...
The pope travelled into downtown Sao Paulo after his arrival.
Pope arrives in Brazil for visit

Pope Benedict XVI has arrived in the Brazilian city of Sao Paulo for a five-day visit to the world's most populous Roman Catholic nation. It is his first visit to Latin America since becoming Pope in April...
Sao Paulo, 10.05.2007 more...
Born: 6 May 1953

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PM's announcement on his future

Tony Blair has announced his intention to resign as leader of the Labour Party. He will remain Prime Minister until the Party finalises the election of his successor, offering his resignation as PM on 27...
London, 10.05.2007 more...
Jacques René Chirac [ʒak ʀəˈne ʃiˈʀak], né le 29 novembre 1932 à Paris, est un homme d'État français, qui exerce les fonctions de Président de la République française depuis le 17 mai 1995. Il a été Premier ministre de 1974 à 1976 et de 1986 à 1988. Le 11 mars 2007, il a annoncé qu'il ne briguerait pas de troisième mandat présidentiel. Son mandat s'achevera le 16 mai 2007 à minuit et il laissera son poste de Président de la République à Nicolas Sarkozy. Wikipedia
Profile: Jacques Chirac

BBC News looks at the career of Jacques Chirac as the French president approaches the end of his second and final term in office.Jacques Chirac's re-election as president in 2002, with a huge cross-party...
Paris, 10.05.2007 more...
Europe is one of the seven traditional continents of the Earth. Physically and geologically, Europe is the westernmost peninsula of Eurasia, west of Asia. Europe is bound to the north by the Arctic Ocean, to the west by the Atlantic Ocean, to the south by the Mediterranean Sea, to the southeast by the Caucasus Mountains and the Black Sea and the waterways connecting the Black Sea to the Mediterranean. To the east, Europe is generally divided from Asia by the water divide of the Ural Mountains, the Ural River, and by the Caspian Sea.

Europe is the world's second-smallest continent in terms of area, covering about 10,180,000 square kilometres (3,930,000 sq mi) or 2.0% of the Earth's surface. The only continent smaller than Europe is Australia. In terms of population, it is the third-largest continent (after Asia and Africa) with a population of 710,000,000 or about 11% of the world's population. However, the term continent can refer to a cultural and political distinction or a physiographic one, leading to various perspectives about Europe's precise borders, area, and population.

The European Union (EU), comprising 27 member states, is the largest political and economic entity by area and population covering the European continent, while Russia (excluding portions in Asia) is the second largest entity and largest country. The EU has the world's largest economy with an estimated nominal GDP of 14.2 trillion USD (2006) accounting for 35% of world GDP.[1]

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Europe day - double party as EU turns 50

9 May celebration commemorates the Schuman Declaration of 9 May 1950, the first step towards 50 years of European cooperation. In a public appeal on 9 May 1950, French foreign minister Robert Schuman...
Brusel, 09.05.2007 more...
Sinn Fein's Martin McGuinness, Irish Taoiseach Bertie Ahern, UK Prime Minister Tony Blair, NI Secretary Peter Hain and DUP leader Ian Paisley in the first minister's office.
Historic day for N Ireland Assembly

Northern Ireland has a new power-sharing government in an historic day at Stormont. DUP leader Ian Paisley and Sinn Fein's Martin McGuinness took office as first and deputy first ministers as five years of...
Belfast, 08.05.2007 more...
NOVO-OGARYOVO. President Vladimir Putin held a meeting with Prime Minister of Slovakia Robert Fico.  
 
 
 
The two leaders discussed cooperation in the energy, high-technology and transport sectors, and also international issues.

Mr Putin said that Russia is ready to expand bilateral cooperation in the oil and gas and nuclear energy sector, in particular by taking part in modernising nuclear energy facilities on Slovakian soil.
 May 4, 2007  14:00
Friday    www.kremlin.ru
Russia Wants to Build New Nuclear Facility in Jaslovske Bohunice

Russia is interested in the construction of a new nuclear source of energy on the site of the V1 Jaslovske Bohunice power plant, which is now being decommissioned, announced Prime Minister Robert Fico. “Who is...
Moscow, 07.05.2007 more...
EEA grants
Fact Sheet 
Norway and the Slovak republic signed on 11 January 2005 a Memorandum of Understanding of the implementation of the Norwegian Financial Mechanism in Bratislava. Similar multilateral EEA Financial Mechanism was signed in Brussels in February 2005.


The purpose of both financial mechanisms is to contribute to the reduction of economic and social disparities in the European Economic Area (EEA) and support efforts of the new EU member states in participating fully in the enlarged european market. Last but not at least the financial assistance aims at strenghtening relations between Norway and the Slovak Republic in the selected priorities of the FMs. 


After 1 May 2004, the European Economic Area (EEA) has enlarged by 10 states. The EEA consists of all EU members states plus 3 EFTA states: Iceland, Liechtenstein and Norway. Both financial mechanisms will provide a total of 1.167 billion EUR during the period from 1 May 2004 to 30 April 2009 to 13 beneficiary states through the EEA FM and to 10 states through NFM. Norway’s share within the EEA FM is about 95% of the total of EFTA contribution (113.4 million EUR per year). Slovakia will receive a total contribution of 67 million EUR from Norway (38 millions EUR for the period of 5 years from the Norwegian FM). With this sum Slovakia gets the 4th highest amount from this financial assistance. 


Norway will make funds available in support of projects within the priority areas stated in the Memorandum of Understadning, such as: environment, cultural heritage, promotion of sustainable development, human resource development, health and childcare, and research activities within the priority areas. Grants through the Norwegian FM will be also available for projects focused on implementation of Schengen acquis, strenghtening the judiciary, regional and local development and cross-border activites, and technical assistance.


Tasks division: 

The Norwegian Ministry of Foreign Affairs (MFA) will take decision on the grants provided by the Norwegian FM and manages the Norwegian FM. The Office for the EEA and Norwegian Financial Mechanisms (FMO) located in Brussels will be responsible for the day-to-day operations and administration and serve as a contact point. The National Focal Point (NFP) on the Slovak side is the Office of the Government of SR. The NFP has the overall reponsibility for the management, coordination and use of funds of the EEA and Norwegian FMs, as a well as for the financial control and audit. NFP serves as a local contact point. The Slovak administrative structure is made up of the Dep. of Regional Development and EU Structural Actions in the Office of Government of SR; the National Monitoring Committee (NMC) which will monitor the implementation of approved projects and provides recommendations to the NFP on projects selection. The Ministry of Finance of SR is responsible for financial flows and financial management of both FMs and is the Paying Authority for the FMs. 


Shortly after singing Memorandum of Understanding an open call for proposals will be published by the NFP. Projects may be submitted from a wide range of applicants: municipalities (local and regional authorities), ministries, NGOs, private enterprises, and academic institutions. Project applications will be submitted to the NFP for an initial review and sent to the NMC for review and selection. The NFP will forward the applications with positive recommendations to the FMO. An estimated time framework for reviewing the applications is 3 months. After the application is approved, the NFP will sign an agreement with Norwegian MFA and then signs a separate agreement with the applicant. 


Both parties agree on ensuring transparency in the implementation of the Financial Mechanisms, good governance, sustainable development and gender equality. 


RNE, Bratislava
www.norway.sk
Open Call for Proposals for Individual Projects

The National Focal Point launches, in the framework of the Norwegian and EEA Financial Mechanisms a call for proposals for submitting applications on individual project for applicants from the public and third...
Bratislava, 07.05.2007 more...
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