Spanish Prime Minister Mariano Rajoy called on Germany and the other creditor nations in the eurozone to take action to stimulate economic growth. Meanwhile the Fitch rating firm on Tuesday said Spain will continue to face downgrade risks. (EUOBSERVER.COM)
The Netherlands will not support British requests for opt-outs in important EU policy areas, the Dutch foreign minister has warned, underlining the government’s growing discomfort with David Cameron’s plans to outline a new British relationship with the EU in a speech in Amsterdam on Friday.(FT.COM)
The European Commission has asked Bulgaria for an explanation after it awarded an EU grant of 1m euros to a music broadcaster. Payner Media, which uses often sexually explicit images to promote Bulgarian pop music, was awarded regional development funding. News of the grant, which has still to be paid, sparked protests in the Bulgarian arts world. (BBC.CO.UK)
Euro area annual inflation was 2.2% in December 2012, the same as in November. A year earlier the rate was 2.7%. Monthly inflation was 0.4% in December 2012. EU annual inflation was 2.3% in December 2012, down from 2.4% in November. A year earlier the rate was 3.0%. Monthly inflation was 0.3% in December 2012.
A pipeline system servicing up to 27 oil fields has been shut down after a leak on the Cormorant Alpha platform, north-east of Shetland. The fields affected, and another eight associated platforms, produce about 10% of the UK‘s oil output. (BBC.CO.UK)
New car registrations in the European Union fell by 8.2% in 2012, hitting their lowest level since 1995, according to the region‘s biggest carmakers. (BBC.CO.UK)
Almost a third of those voting for the UK Conservative in 2010 will switch to the eurosceptic UKIP in the 2014 European Parliament elections, a YouGov poll indicates. Labour support is at 38%, Tories 27%, UKIP 17% and Lib Dems 12%. (EUOBSERVER,COM)
Investigations are under way to try to find out how beefburgers on sale in UK and Irish Republic supermarkets became contaminated with horsemeat. (BBC.CO.UK)