BRUSSELS http://www.airmaxpormayor.es/ , May 11 (Xinhua) -- President of the Eurogroup Jeroen Dijsselbloem said here on Monday that to keep the recovery on track, more investments, jobs and raising productivity were needed.


He made the remarks at a press conference after a meeting of the Eurogoup, saying that the euro area cannot keep counting on low energy and oil prices, quantitative easing and a low exchange rates.


"That means keeping our focus on growth-enhancing structural reforms and sound fiscal policies, so that we capitalize on the current benign environment of lower interest rates and higher growth," he said.


He added that the positive news was that fiscal frameworks had been strengthened in almost all euro area member states and now the countries need to translate these frameworks into strong track records for fiscal outcomes.


The Spring Forecast from the European Commission shows clear improvements, he said, noting the recovery was strengthening, with growth picking up across the continent.


The Eurogroup meeting also touched on the issues of Greece and Ireland, in which the Eurogroup said more time would be needed to bridge the remaining gaps and to reach a comprehensive agreement on the resolution of the Greek debt crisis.


"Ireland is experiencing a strong recovery which we forecast to continue this year and next," said Pierre Moscovici, European Commissioner for economic and financial affairs, taxation and customs.


Moscovici said that the legacy of the crisis continues to be felt, not least in the high levels of public debt, and that's why "we strongly encourage the Irish authorities to proceed with the implementation of key structural reforms and to make the most of the benign economic climate to proceed with the fiscal consolidation that remains necessary to keep public debt on a steady downward path."


During the meeting, Moscovici also updated the Eurogroup on the situation concerning Cyprus.


He said the mission that concluded at the end of last week welcomed the strong progress made so far and the recent adoption of modern insolvency and foreclosure legislation, which is a critical step towards the reduction of the high level of non-performing loans and boosting jobs and growth prospects in Cyprus.


"Once all of the final elements of this reform are in place, it should be possible to move towards a swift conclusion on the ongoing sixth review of Cyprus' program," said Moscovici.


UNITED NATIONS, March 3 (Xinhua) -- The United Nations Refugee Agency (UNHCR) on Tuesday reported that some 16,000 Nigerian refugees have fled to the Far North region of neighboring Cameroon over the weekend to escape clashes in northeast Nigeria between regional military forces and insurgents.


"Starting tomorrow, the Agency will work with Cameroon to relocate refugees to a transit site at Kousseri, 90 km from the border," Vannina Maestracci, the associate UN spokesperson, said at a daily news briefing here, adding "These refugees will then be transferred to a camp in Minawao."


"Given the evolving security situation and the prospect of more refugee arrivals, the possibility of setting up a second refugee camp is being considered," she said, quoting UNHCR.


The Cameroonian authorities have observed a steady flow of refugees streaming in through the "extremely volatile" border regions of Makaria, Logone Birni and Fotokol, just south of Lake Chad, rendering them vulnerable to attacks from the Nigerian insurgent group, Boko Haram, the UN reported.


Clashes between Boko Haram and the Nigerian government forces have intensified in recent weeks as fighting has spilled across borders and become increasingly regionalized. During the past few weeks alone, the group has also perpetrated deadly attacks against civilians in Chad, Cameroon and Niger.


The surge in fighting across the region has largely hampered efforts to provide humanitarian assistance to those in need. UNHCR was working with the Cameroonian government to relocate refugees as quickly as possible from the zones of active conflict to a nearby transit area. However, due to the unstable situation, the refugees had become difficult to reach. Evolving security situation and the prospect of more refugee arrivals had prompted the need for the creation of a new camp further away from the insecure border.


The refugee crisis is also compounding the economic stability of the area. A recent World Food Programme food security and vulnerability assessment in Niger in November 2014 showed that a total of 52.7 percent of displaced households and their host families were severely (14 percent) or moderately (38.7 percent) food insecure, and in need of food assistance.


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