Businessman George Copos describes the "bail-in" mechanism (to save banks using the depositors' money) as an experiment that the European Union is conducting on small patients, whose potential (economic) death would not seriously affect the rest of the Union. read more...

Romania expects a favourable decision for its integration into the Schengen Area before the end of this year, Romanian Foreign Affairs Minister Titus Corlatean said on Monday. read more...