It’s an established fact by now that the Eurozone economy is slowing down. The International Monetary Fund cuts down the relevant growth estimate for this year to 1.6% and 1.7% for 2020. This is far below the robust 2.4% of 2017. The German economy, the largest and the more competitive country of the club, is […]After globalization what? Europe’s long, straining shake-up post Davos wreckage
January 28, 2019 by Leave a Comment
It’s an established fact by now that the Eurozone economy is slowing down. The International Monetary Fund cuts down the relevant growth estimate for this year to 1.6% and 1.7% for 2020. This is far below the robust 2.4% of 2017. The German economy, the largest and the more competitive country of the club, is […]Parallel downfalls of Merkel and Deutsche Bank threaten Germany and Europe
September 27, 2018 by Leave a Comment
Only a few years ago, Germany’s stars of pride and accomplishment were personified and embodied in the unparalleled triumphant stories and achievements of Chancellor Angela Merkel and Deutsche Bank. They both had amazed Europe and the world, with their successes in the politico-economic universe. Until the legislative elections of September 2017, and probably sometime earlier […]Macron and Trump press Merkel to recycle the German trade surpluses
May 7, 2018 by Leave a Comment
The divisive effect on Europe that Donald Trump’s trade war has generated, takes on new dimensions now. Only the European Sting highlighted this aspect, when the President of ‘America first’ fired the first shots, igniting the trade skirmishes. The differences, about how to respond to the US trade aggression, between the French President Emmanuel […]What Merkel and Macron are to tell Trump in Davos?
January 22, 2018 by 1 Comment
Donald Trump, the American President, is to deliver the closing speech at this year’s World Economic Forum Annual Meeting of 23-26 January in Davos, which as usually is set in the unsullied Alpine landscape. Perhaps, he has something new to say about how America sees Europe. Most probably though, he is simply to repeat his […]Is Germany’s political landscape becoming a breeding ground for extremism?
December 14, 2017 by Leave a Comment
Last Week, the German center left Social Democratic Party (SPD) decided to cooperate once more with the country’s conservatives, the Christian Democratic Union and its Bavarian sister Christian Social Union. They are to negotiate the formation of a grand coalition government, understandably under Chancellor Angela Merkel. This development may now seem the only mathematically possible […]Germany not famous for easy way outs from political stalemates
November 23, 2017 by Leave a Comment
And now ‘Frau Bundeskanzlerin’ what? The truth is though whatever the future holds for the German political landscape, is no good. Chancellor Angela Merkel’s failure last weekend to form a government, with a viable parliamentary majority has irreparably stained the so far pristine scenery of the country’s politico-economic affairs. The unsuccessful attempts to convince liberal […]Chauvinism and xenophobia will lead to global assertiveness and more wars
October 19, 2017 by Leave a Comment
The immigration crisis of 2015 in Europe exposed the hollowness of the political system of the new millennium in the Old Continent, anguishing to cover the huge social cavities the economic neo-liberalism has created. Unfortunately, economic neo-liberalism didn’t lead to political liberalism, but instead to chauvinism, xenophobia and the insurgence of the extreme right wing […]German political spillovers: ECB’s Draghi resists first attacks by AfD
September 28, 2017 by Leave a Comment
Last Monday, Mario Draghi, President of the European Central Bank, speaking at the Economic Committee of the European Parliament had the opportunity to test the grounds and familiarize himself with the nature of political climate he may come across after the German elections. He had a heated exchange with the head of the AfD group […]Elections results: Austerity’s black to prevail in the new multicolored German government
September 25, 2017 by Leave a Comment
During the past ten years, Germany has become a politically boring country and yesterday’s election is not going to change that, despite the loss of around one million votes for the Chancellor’s party. Angela Merkel’s win came to none’s surprise and the results permit her to embark on a fourth term in the top job. […]The Americans are preparing for the next financial crisis
October 3, 2016 by Leave a Comment
Last week, Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, in more than one ways revealed that the American central bank prepares to confront the next financial downturn. On Wednesday, 28 September, speaking at the House Financial Services Committee in Washington D.C. , she defended the Fed’s rigorous supervision over […]Why the ECB had to clarify it caters for the entire Eurozone not just Germany?
April 25, 2016 by Leave a Comment
Last Thursday morning this newspaper concluded that the “only EU institution with true European motives and vision remains the European Central Bank of Mario Draghi”. Just some hours later in that Thursday afternoon the European Sting was confirmed one hundred percent by Mario Draghi, the President of ECB, who said that “We have a mandate […]Why is Merkel’s Germany so liberal with the refugees? Did the last elections change that?
March 17, 2016 by Leave a Comment
There are many lessons to be learned from last Sunday’s elections in Germany. For one thing, the widely expected electoral setback that the German Chancellor Angela Merkel and her Christian Democratic Union party (CDU) experienced last Sunday doesn’t seem to constitute a major blow to her dominant political status. She continues to be the central […]Migration has set EU’s political clock ticking; the stagnating economy cannot help it and Turkey doesn’t cooperate
October 29, 2015 by Leave a Comment
The more action clauses a document of a Western Balkans-EU agreement contains, meant to “improve cooperation and step up consultation between the countries along the migration route”, the less cooperation there will be. That was the case last Sunday 25 October when 11 leaders of Balkan and EU countries met in Brussels. They knew very […]
