Germany openly seeks more advantages for its banks

The Commission proposal for a Bank Resolution and Recovery Directive divided deeply the Ecofin council in its yesterday’s Brussels meeting. Again the division took the form of North versus South or rather Germany & Co against everybody else. Mr Wolfgang Schauble, the German Federal Minister for Finance, insisted that the line of funds to be […]

Commission: Do it like the Americans in the food sector

Only some weeks after the European Union consumers learned that they were eating low quality and contaminated with phenylbutazone horse meat, having paid for it as if it was prime quality beef, the Commission chooses to release its proposal for a new Directive, providing for less controls and higher fines and charges. The new legislation […]