Brexit talks started with a London handicap and Brussels’ sternness

Last Monday’s first meeting between the British and the EU Brexit negotiations teams gave a clear indication that London has started watering down its extra hard stance.The threat of a calamitous no-deal Brexit has visibly exited from the picture. The gratuitous cheerful and smiling David Davis, the chief Brit negotiator was confronted by the visible […]

Brussels Vs. Google: The €1 bn EU fine and the US response

The European Commission is about to impose more than one billion euros fine to Google as a result of online shopping service search abuse according to the Financial Times. If the above is implemented, it would be the highest penalty in the history of anti-competitive behavior after Intel’s case in 2009. The repercussions for Google, […]

Macron has the deputies but not the people’s consent for his far reaching reforms

The French electoral system of ‘two Sundays’ has permitted Emmanuel Macron to become President, despite being the first choice of only 24.015% of the voters on the first electoral round of Sunday 23 April. Then, exactly for the same reason, his newly born party “La République en marche” (REM or LREM) is now estimated to […]

May led Britain to chaos, now looks for way out with unpredictable DUP

As the dust settles after last week’s electoral pandemonium in Britain, the country finds itself in a true political chaos. Prime Minster Theresa May is overtly and severely disputed within her own party, while the closeness of the percentage results between Tories (42%) and Labour (40%) has totally changed the overall scenery of the political […]

Refugee crisis update: Commission is struggling alone with little help from EU or G7 leaders

The European Commission has been fighting the migration crisis urging the EU countries for their support to tackle this long-lasting issue but no or little contribution is provided. Last Thursday, the president of the EC prompted the Czech Republic to change its decision regarding their denial on accepting asylum seekers from Greece and Italy under […]

ECB intervenes to clean May’s and Schäuble’s mess

Last Thursday 8 June, on the day the Britons were punishing Theresa May for her mistakes and arrogance, the European Central Bank under Mario Draghi was preparing for a less favorable politico-economic environment and a much longer disinflationary period. Indirectly, Mario Draghi blamed the dying out inflation on the avowed neoliberals, of the kind of […]

Trump’s denial of Paris climate agreement; the US Republicans lash out against the world

Donald Trump’s withdrawal from the UN Paris Climate Agreement is a major foreign policy step, rather difficult to understand. For one thing, the American environmental industry technologically spearheads the world in this domain. The US is a global leader in electric vehicles production, where mainstream vehicles are one of the major contributors to air pollution. […]

Germany caught with selfish double standards in euro area policy

Over the past three years the European Central Bank, guided by its President Mario Draghi, has been folowing a super relaxed monetary policy. It has been aiming at reviving uncertain economic growth and dying inflation, by handing out to banks, and through them to the economy, hundreds of billions of euro and at the same […]

EU Council agrees to reform the system for motor vehicles but with “restricted” power for the Commission

It was last Monday when the EU ministers gathered in Brussels to draft new rules to prevent future emissions cheating from the automotive companies after the VW emissions scandal. The Council of Ministers from 28 countries proposed rules for cutting down the national authorities’ power giving at the same time the ability to the European […]

Trump enrages the Europeans and isolates the US in G7

Last Thursday, Donald Trump, at a superb hall in the new glass and steel NATO building in Brussels, delivered an unruly speech, after having pushed aside Prime Minister Dusko Markovic of Montenegro (the related video has become viral) while walking towards the rostrum. He came out with a blatant and derogatory account aimed at 23 […]