Elections in Europe: No risks for the EU, leaders readying to face Trump-Brexit

Visit of Mike Pence, Vice President of the United States (on the left), to the EC. Jean-Claude Juncker, President of the European Commission received Pence in Commission’s headquarters in Brussels. (Date: 20/02/2017 Location: Brussels - EC/Berlaymont. © European Union, 2017/ Source: EC - Audiovisual Service / Photo: Etienne Ansotte.)

Some political analysts in mainland Europe but many more in Britain and on the other side of the Atlantic Ocean in the US, have rushed to call 2017 the year that can make or break the European Union. They basically argue that the three crucial legislative elections due in Holland next month, in France in […]

The four top Americans who flew to Europe perplexed things about Trump’s intentions

Jens Stoltenberg, NATO Secretary General (on the right) and James Mattis, the US Secretary of Defense delivered a joint statement after a bilateral meeting, in the context of the regular gathering of NATO ministers of defense. Brussels, Belgium, 15-16 February 2017. (NATO photo gallery).

Four top ranking Washington bigwigs – who flew to Munich, Brussels and Bonn to mend fences with Europe, after Donald Trump termed NATO ‘obsolete’ and rejoiced the unraveling of the EU, left the Europeans bewildered with the dangerously diverging stories they had to narrate. Only the extreme right wing, Polish Defense Minister Anton Macierewicz seemed […]

Why is Grexit again in the news? Who is to pay for Eurozone’s banking problems?

Wolfgang Schäuble, the German Federal minister for Finance, addressing the Plenary of the Bundestag. City: Berlin. Country: Deutschland. Date taken: 17.02.2016. Photographer: Achim Melde. German Parliament work.

Grexit, Greece’s exit from the euro area, is back in the news – for the wrong reasons. During this past week, the country’s creditors, the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund, finally agreed amongst themselves to set even tougher conditions in order to continue refinancing the […]

EU: Divided they stand on immigration and Trump hurricanes

The European Union heads of state or government met for an informal summit in Valletta, Malta on 3 February 2017. At the morning session, the 28 EU leaders focused on migration issues. During the afternoon session the 27 leaders, after the British PM Theresa May left, prepared the upcoming 60th anniversary of the Rome Treaties. From left to right: Joseph Muscat, Maltese Prime Minister, Donald Tusk, President of the European Council, Jean-Claude Juncker, President of the European Commission. Shoot location: Valletta – Malta. Shoot date: 03/02/2017. Copyright: European Union.

The last Friday’s Malta Summit of the 28 minus 1 EU leaders, on emigration and the future of Europe, was convened amidst a steaming wider political environment within and without Europe. The Council could only agree upon on transferring another €200 million to the one of the at least two Libyan governments, that a small […]

Europe led by Germany seems vulnerable to Trump’s threats

Yesterday in Rome Paolo Gentiloni, the Italian Prime Minister received Donald Tusk, the President of the European Council (from left to right). Shoot location: Rome – Italy. Shoot date: 01/02/2017. Copyright: European Union.

Trump’s America and Europe are obviously at odds. The question is how far this division will go? Unquestionably, it’s the new tenant of the White House who fuels this unseen before confrontation between the Atlantic allies, attached by a time cherished bonding that has politically and economically shaped the world as we know it so […]

Will France vote for more or less Europe in the next presidential elections?

Meeting on the International Day for the Eradication of Poverty - From humiliation and exclusion to participation : eradicate all forms of poverty
Copyright: © European Union 2016 -  Source : EP.
Location: Brussels, Belgium
Date: 19/10/2016.

Meeting on the International Day for the Eradication of Poverty – From humiliation and exclusion to participation : eradicate all forms of poverty Copyright: © European Union 2016 Source : EP. Location: Brussels, Belgium. Date: 19/10/2016. Photo: Alexis Haulot. The citizens of three of the strongest European countries, having in their minds the recent terrorist […]

US prosecutors now target Volkswagen’s top management, upsetting Germany

Volkswagen logo. (© School Photo Project).

Last Monday, the US prosecutors held Volkswagen executive Oliver Schmidt, charging him with plotting to deceive the United States, over VW diesel emission scandal. He is to appear today in the U.S. District Court in Miami in a hearing before a U.S. Magistrate Judge. The VW employee was shown shackled and wearing a jail outfit. […]

Italian banks: It’s Rome’s turn to confront Berlin’s aggressiveness

Rome, Chigi Palace, Prime Minister’s residence. PM Paolo Gentiloni delivered the traditional end of year Press conference on 29/12/2016. (Italian government work, only some rights reserved. Foto: T. Barchielli).

Italy, after Greece, is now the next target of the archetypical Teutonic aggressiveness, aimed this time at making the life difficult for Paolo Gentiloni the new Prime Minister. The problems Rome has with the country’s banking system are being exaggerated and used by Berlin to either pave the road leading outside the euro area or […]

Deutsche Bank chased away from US, threatened with more fines

Davos, Switzerland, 20/1/2016 - Christine Lagarde, Managing Director, International Monetary Fund (IMF) and John Cryan, Chief Executive Officer, Deutsche Bank, captured during the session 'The Transformation of Finance' at the Annual Meeting 2016 of the World Economic Forum in Davos, Switzerland, January 20, 2016. IMF has labeled Deutsche Bank as a major risk to the global financial system. (WORLD ECONOMIC FORUM/swiss-image.ch/Photo Remy Steinegger. No changes made. Only some rights reserved).

The US Department of Justice settled its claims against Deutsche Bank, the biggest German lender, for packaging and selling toxic mortgage securities to uninformed customers prior to the 2008-2010 financial crisis. Initially, the Justice Department had asked for $14 billion, but it seems it settled for a fine of $7.2bn. However, this is not the […]

Fear casts again a cold, ugly shadow over Europe; Turkey sides with Russia

German Chancellor Angela Merkel (second from left), federal cabinet ministers and leading members of Berlin's government visited the scene at the Kaiser Wilhelm Memorial Church, where the deadly truck attack on a crowd at a Christmas market took place and laid one white rose each as a tribute to the victims of last Monday’s carnage. Foto: Bundesregierung/Kugler.

The deadly attack in a Berlin Christmas market and the assassination of the Russian ambassador in Ankara, may not be closely connected or plotted by related terrorist circles, but they aim at the same target; to terrify entire populations and block what could lead to a solution in the Syrian mess. Add to that the […]