The European Sting is Your democratic, independent and top quality political newspaper specialized in European Union News. Unique Features: iSting & Harry Sting
The announcement of the end of the monthly money injections into Eurozone by Mario Draghi, the President of the European Central Bank was not received in the capital markets as a hawkish toughening of monetary policy, as it theoretically should have been. The reasons are many. On the contrary, the euro lost more ground with […]
While the European Union and more so Germany have being relentlessly working to save the nuclear non-proliferation deal with Iran, last Monday the new US Secretary of State, Mike Pompeo, shattered any opening for negotiations with Tehran. Until Pompeo dropped his bombshell, the EU was discussing a new pact with Iran, on the basis of […]
This article is brought to you in association with the United Nations. In an increasingly dangerous world, the European Union (EU) need to make its voice “more and more heard” as a “central pillar” of multilateralism, said the United Nations Secretary-General on Wednesday. Speaking in the heart of the EU, in Brussels, António Guterres told […]
This article is brought to you in association with the European Commission Brussels, 15 May 2018 The Commission today presents its contribution to the informal discussion that Heads of State and Government will hold in Sofia on 16 May 2018 on research and innovation and the steps needed to ensure Europe’s global competitiveness. Investing in […]
The UN climate change negotiations are concluding tomorrow in Bonn after ten days in the German city aiming at developing the final text for the Paris agreement rulebook. However, this is not going to happen before COP24 scheduled in December 2018, according to the Executive Secretary of the UN Framework Convention on Climate Change Patricia […]
This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Authors: Terence Tse, Associate Professor of Finance, London campus of ESCP Europe Business School, Mark Esposito, Harvard University, Division of Continuing Education and Danny Goh, Serial entrepreneur and an early stage investor. A very important question that only a […]
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 […]
A rare service Donald Trump is currently doing for the Europeans is that he offers them a platform for important common action to be undertaken by the French President Emmanuel Macron and the German Chancellor Angela Merkel. They are both visiting the White House this week, but expect quite different reception from Trump; pompous state […]
Last Friday night till the early hours of Saturday morning the US-France-Britain alliance attacked the Assad/Putin regime of Damascus, with a precipitation of missiles. Seemingly though, the hits have had a greater political impact on Europe than in Syria itself. Germany and Italy, the other two major European Union countries with strong interests in the […]
All major stock exchanges suffered severe losses on the first day of this week not because Tesla and facebook stocks are falling, or even because the Chinese announced on Sunday night their retaliative import tariffs of 15% to 25% on 128 US products; all that was known and probably discounted for during the past few […]
The US-EU trade war starts on 23 March, with the first shot fired by Washington at 12:01 a.m. (04.01 GMT). From what we know so far, from that minute onward the American customs authorities will impose extra tariffs on steel and aluminum imports, set by President Trump at 25% and 10% respectively. However, it seems […]
At the Munich Security Conference of last week, the hottest criticism for the Grand Coalition agreement of Angela Merkel and Martin Schulz, coming from within and without the country was about not spending enough on armaments and security. The American Defense Secretary Jim Mattis focused on that Germany must spend 2% of GDP on defense, […]
Last week a US federal court convicted Mehmet Hakan Atilla, an executive of Turkey’s state-owned Halkbank. This is a major financial institution of this country, controlled directly by the government. Attila found guilty on five accounts, for evading the American sanctions imposed on Iran. Most of those punitive measures were lifted in April 2015, in […]
This newspaper had predicted that Europe’s extreme right wing, almost fascist political parties, unable to deliver their phoney promises after reaching government posts, will try to play the aggressive chauvinism card. Old Continet’s’s nations have paid dearly in the past millennia for jingoism and chauvinist violence. However, after many decades of peace in Europe and […]
At the end of last week, Rex Tillerson, the US State Department Secretary was intentionally undermined by President Donald Trump. This surprise move from the White House came only hours after the former gave an “’ironclad’ promise of U.S. support to its oldest allies in Europe”. To undercut this pledge, the White House leaked information […]
Last week the Crown Prince of Saudi Arabia Mohammed bin Salman, son of King Salman placed the Prime Minister of Lebanon, Saad Al-Hariri under house arrest in Riyadh and forced him to resign his premiership. The Sunni Lebanese premier has a double citizenship, Lebanese and Saudi Arabian. His family has extended business interests and wealth […]
The Catalonia crisis and the aftermaths after its diffusion can offer valuable lessons for the nature of jingoist politics and the motives, goals and the character of its main actors, on both sides of the fence. The Catalan secessionists led by Carles Puigdemont proved experts in setting the fire, but were incapable of making anything […]
Andrej Babis, a media magnate and second wealthier Czech leading his anti-immigration, nationalist and populist ANO party, won last Sunday’s election, with around 30% of the vote. He is to become the next Prime Minister of the Czech Republic. Babis did that on an anti-systemic Trump-like ticket. He was recently implicated in a tax fraud […]
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 […]
Trump did again what he has been good at. This time he pounded the non-nuclear proliferation agreement with Iran. To be reminded, this was the P5+1 nations (US, Russia, China, Britain, France and Germany) agreement of 2015 with Iran , by which the latter country accepted to stop its nuclear program and be duly inspected […]
Last Friday, the 14th EU-India summit took place in New Delhi with both sides to jointly state that trade partnership is approaching rapidly and as soon as all conditions are met. The free trade agreement negotiations have started in 2007 but have not concluded yet as there are unsolved issues related mainly to market access. […]
“Patriotism is the last refuge of a scoundrel” Samuel Johnson wrote in the 18th century and unfortunately history keeps justifying this early political essayist. During the last few days, the Catalan separatists and the Iraqi Kurds held referendums to declare national independence, which were not at all needed. Both regions have as much self-governance as […]
The strengthening of the euro vis-à-vis the US dollar is taking alarming proportions, puzzling markets and the European Central Bank. The Eurozone single currency has gained 14% from the beginning of the year, with the tempo of appreciation accelerating. It gained around 10% during the summer. For around three years, the ECB has been following […]
Last Saturday 8 July the Belgian newspaper De Standaard published an interview with Peter Praet, Member of the Executive Board and chief economist of the European Central Bank. Praet said it plainly “We do say that we still need a long period of accommodative policy before we are ready”. What he means by ‘being ready’ […]
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 […]
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 […]
More than 30 political leaders and government representatives from 110 countries participate in the Belt and Road Forum China organizes in Beijing on Sunday and Monday 14 and 15 May. The Forum extended an invitation to all the countries of the world, the international organizations and businesses and aspires to be an all inclusive global […]
The Theresa May brexiteer government has started feeling the heat about their choice to fight an electoral battle on a clear and loud plea, that a vote for Tories on 8 June is a vote for a hard Brexit. And mind you the closer we get to the polling date the more heated the controversy […]
European Commission’s decision to ban the Deutsche Börse – London Stock Exchange merger, on the one hand solved a long list of problems it could have triggered, in view of and after the Brexit. On the other hand though, this decision has created probably as many issues, because London is the long established low cost […]
Last week Turkey threatened Europe to reinstate capital punishment and to drop the EU-Turkey pact which was signed one year ago. The desperate need of the Turkish President Recep Tayyip Erdogan to gain more power has forced Turkish officials to release accusations to Europe and especially to the Netherlands, Germany and Brussels in view of the […]
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