Will Brexit shatter the EU or is it still too early to predict?

Discussion between Theresa May and Jean-Claude Juncker (in the foreground, from left to right)
Date: 21/10/2016. Location: Brussels - EC/Berlaymont. © European Union , 2016 / Source: EC - Audiovisual Service / Photo: Etienne Ansotte

The president of the European Commission together with EU and German officials fear that Brexit will divide the EU after the negotiations have been concluded. Theresa May is about to trigger Article 50 of the Lisbon Treaty and begin the talks for UK’s exit once the House of Lords grants permission. In addition to the Brexit procedure, […]

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 […]

Brexiteer May gets lip-service from Trump and Turkish promises from Erdogan

Washington D.C., 27 January 2017. The British Prime Minister Teresa May and the US President Donald Trump held a joint press conference after their meeting at the White House. (Foto: UK Government work).

The rush announcement of a fabulous trade deal with the US, which ,Teresa May, the British Prime Minister sought last week in Washington D.C., didn’t materialize. As for the much advertised ‘special relationship’ between the US and Britain, it will bear no economic meaning whatsoever, at least in the foreseeable future. The governing Brexiteers in […]

“We need to use the momentum globally to ensure that corporations pay their fare share of taxation”, EU Commissioner Valdis Dombrovskis outlines from the World Economic Forum 2017.

World Economic Forum, Davos, 17-20/01/2017
Valdis Dombrovskis and Winnie Byanyima, Executive Director of Oxfam International, attend a session named 'Taxation without borders: a fair share from multinationals'.
Date: 19/01/2017. Location: Davos-Congress Center,Davos
© European Union , 2017 / Source: EC - Audiovisual Service / Photo: Johanna Leguerre

At the third day of the World Economic Forum 2017 in Davos, the session “Taxation without Borders: A Fair Share from Multinationals” took place where tax-base erosion and profit shifting policies were discussed in view of the Panama Papers and the fact that countries lose tones of money when multinationals implement such strategies. Emerging countries […]

Davos: Why the global elites couldn’t find answers this year?

davos

Last January, Donald Trump and Boris Johnson were not invited to Davos to present their populist, anti-systemic, anti-establishment, anti-globalization political platforms. Actually, their ‘ideology’ was exorcised from the Swiss Alps and instead, David Cameron was made the star of the three day 2016 meeting. The world’s super rich and powerful applauded his passionate speech about […]

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 […]

After the Italian ‘no’ and the Brexit, Germans must decide which Europe they want

Questions and answers during the national briefing by Wolfgang Schauble, Federal Minister for Finance of Germany, following the ECOFIN Council on 6 December 2016, in Brussels. Snapshot from a video. (European Council - Council of the European Union, Audiovisual Services).

There is no doubt that Europe is in disarray. The long standing malaise of high unemployment and economic stagnation has already mutated into critical political problems. The mutations of the European political ecosystem take various, unseen before forms. In the northern EU countries they invariably appear as extreme right or even semi-fascist political parties, inflated […]

The EU tells the bare truth to the UK that there is no such thing as easy divorces

President TUSK - tour of EU capitals ahead of the Bratislava Summit. President Tusk meets British Prime Minister Theresa May. From left to right: Ms Theresa MAY, UK Prime Minister; Mr Donald TUSK, President of the European Council. Shoot location: London - UNITED KINGDOM. Shoot date: 08/09/2016. Copyright: European Union

Post Brexit vote, the British leaders have rather been adamant in saying that there will be no mixed solutions and in-betweens ahead: “Brexit” will mean nothing else than “Brexit”. Last week, Malta’s Prime Minister Joseph Muscat told the world that EU leaders are determined not only to follow that line, but also that the ride could […]

What will the US look like under Trump? Was his election campaign a big scam?

Trump promised everything the Americans wanted, to win the race for the White House. Gallery Archive, from ‘The Campaign Trail with Donald J. Trump’. Donald J. Trump for President, Inc.

Everybody agrees now that the President – elect Donald Trump won the 8 November election, by promising he will take good care of the Americans who are left behind in the era of globalization and of the global financial rackets. The first signs though indicate the opposite. His choices for the top Washington jobs are […]