The European Union keeps on focusing on the implementation of the EU-Turkey agreement on the migration crisis despite being threatened by Turkey that the latter will step off the deal if the EU will not keep its last March’s promises. The European Commission is determined not to let Turkey leave so easily and aims at financially supporting refugees […]Will Europe be able to deal with the migration crisis alone if Turkey quits the pact?
August 4, 2016 by 2 Comments
The European Union keeps on focusing on the implementation of the EU-Turkey agreement on the migration crisis despite being threatened by Turkey that the latter will step off the deal if the EU will not keep its last March’s promises. The European Commission is determined not to let Turkey leave so easily and aims at financially supporting refugees […]The West castigates Turkey’s Erdogan for the ruthless political cleansing
July 25, 2016 by Leave a Comment
Last week, the Turkish President Recep Tayyip Erdogan defied his western allies, who have called for restrain and the rule of law in the wide ranging purge of the country after the failed coup. With the basic human rights hindered, his ruthless cleansing of the military, the judiciary, the public administration, the education system and […]Brexit update: Leave campaign leads race but undecided voters will determine the outcome of the EU referendum
June 15, 2016 by Leave a Comment
The time has come and the British citizens will have to take the faith of their country in their own hands. In just over a week they will decide whether they want to stay or leave the European Union with the rest of the world to wait the outcome with great anxiety. There have been […]Europe provides financial support to African countries while Turkey denies to change terrorism laws jeopardising the EU deal
June 8, 2016 by Leave a Comment
The European Commission convened yesterday in Strasbourg and announced its plans to create a Partnership Framework with third countries and particularly Africa in order to manage migration more effectively. This attempt comes after the EU-Turkey deal which aims at reducing the influx of immigrants coming to Europe via the Aegean Sea. It seems that the […]Tusk fights back while charismatic Boris goes against everybody in Brussels pushing the UK to leave the EU now or never
May 18, 2016 by Leave a Comment
Last week Boris Johnson likened the EU to Adolf Hitler’s plans regarding the Old Continent’s domination. The politician favoring the “Leave” campaign clearly stated that the Brussels bureaucrats are using different kind of methods to unite Europe into a single state. Those statements led to Donald Tusk’s intervention who characterized the former London mayor’s sayings […]Vestager vs. Google: a fight to ensure a competitive innovation framework
April 19, 2016 by Leave a Comment
The EU Consumer and Competition Day took place yesterday in Amsterdam with Margrethe Vestager to reveal her will to charge Google for exploiting consumers by pre-installing Android apps on their smartphones. European Commission (EC) is showing its teeth once again, after Microsoft antitrust case a decade ago, against giant tech companies which are finding ways […]Who cares more about taxpayers? The US by being harsh on major banks or the EU still caressing them?
April 18, 2016 by Leave a Comment
The world economy remains more or less motionless or even recedes six years after the financial meltdown, because the banking industry has not yet decided what’s best for its interests. Continue leveraging itself (borrowing) on central bank liquidity in a stagnating environment, or start deleveraging and send the world to another deep recession, if not […]Is there a chance for the West to win the war on terror?
March 24, 2016 by Leave a Comment
On the night of 13 November 2015 in Paris, after the ISIS operatives had hit almost simultaneously a concert hall, a major football stadium and some restaurants and bars leaving 130 dead and hundreds injured, the French President Francois Hollande said “we are at war”. Last Tuesday morning the same kind of ‘armed forces’ and […]Migration crisis update: What are the chances of a fair deal at this EU Summit?
March 16, 2016 by Leave a Comment
Everyone in Europe is putting all his money for the migration crisis ‘gamble’ on the EU-Turkey summit taking place this week on March 17-18 in Brussels. The 28 EU leaders had a bit more than a week now since the last summit to evaluate the proposals of the Turkish side and return to the table of negotiations in order to make a […]Spending another 3 billion euros on Turkey feels better than admitting EU’s failure
March 8, 2016 by Leave a Comment
The migration summit which took place yesterday in Brussels between the 28 EU leaders and the Prime Minister of Turkey was a surprise. The reason is that Ahmet Davutoglou came to the meeting with specific proposals which are able to allow Turkey to take the upper hand and take advantage of the refugee crisis to better […]Does Draghi have another ace up his sleeve given his Quantitative Easing failure?
March 2, 2016 by Leave a Comment
Last Monday Eurostat, the statistical service of the European Union, released a flash estimate for euro area annual inflation revealing a -0,2% inflation rate for February. The latter has worried the European Central Bank’s (ECB) officials and especially its president Mario Draghi. ECB’s Governing Council meeting which is taking place next week will have to reconsider […]Migration crisis update: The “Habsburg Empire” comes back to life while EU loses control
February 24, 2016 by Leave a Comment
It is today that Austria is arbitrarily hosting a Western Balkan counties migration meeting called “Managing Migration Together” where the Interior and Foreign ministers of seven countries (Albania, Bosnia, Bulgaria, Croatia, Kosovo, FYROM, Montenegro, Serbia and Slovenia) have been invited to participate, with Greece, the main migrant gate, to be paradoxically excluded from the discussions. […]2016 crisis update: the year of the Red Fire Monkey burns the world’s markets down
February 10, 2016 by Leave a Comment
The Chinese New Year began two days ago and has brought already significant turbulences and volatilities to the global financial markets and economies. Luckily for the world’s second largest economy, Chinese stock markets are closed due to New Year’s festivities and haven’t experienced, at least yet, the losses of the European, U.S. and Japanese markets. This […]Politics still matter in the US but not in Europe
February 4, 2016 by Leave a Comment
The Iowa US presidential candidate nomination race results in both the Republican and the Democrat vote, proved that in the US politics still matter. The populist, unpredictable and apolitical billionaire Donald Trump was largely defeated by Ted Cruz, a super conservative Texas politician. On the other side Hillary Clinton the champion of the American business […]Brexit update: Tusk’s proposal is out and Cameron takes it all
February 3, 2016 by Leave a Comment
It was just yesterday when Donald Tusk, president of the European Council (EC), released a draft deal that intends to keep Britain within the EU. This new proposal is mostly aligned with what the British Prime Minister has been asking for from the European Union. However, this draft text must be voted by all 28 […]Migration crisis update: Greece could probably say goodbye to Schengen really soon
January 29, 2016 by Leave a Comment
It was two days ago when the European Commission’s draft report revealed “serious deficiencies” of the Greek government to comply with its obligations under the Schengen’s Agreement rules regarding the control of the migrant influx. If these suggestions are voted by the majority of the EU member states, then Greece will be given a 90 […]WEF Davos 2016 LIVE: “We need more Schengen but reinforce control!”, France’s Minister of Economy Emmanuel Macron emphasises from Davos
January 22, 2016 by Leave a Comment
Earlier today in Davos, WEF organized one more session on Europe in order to find ways to deal with one of the most important issues that the old continent is facing which is no other than the refugee crisis. The session that took place in the Sanada room was called “Europe at a tipping point” and was moderated by Lyse […]WEF Davos 2016 LIVE: “No other problem has jeopardised the EU as much as the refugee question” Joachim Gauck, President of the Federal Republic of Germany, cries out from Davos
January 21, 2016 by Leave a Comment
Migration crisis is one of the most important issues in Europe currently and Klaus Schwab, Founder and Executive Chairman of the World Economic Forum invited yesterday Joachim Gauck, President of the Federal Republic of Germany, to speak about this heartrending problem since the German Chancellor is not attending the WEF this year. The plenary session […]One more country to test the EU project: Kaczynski’s Poland
January 14, 2016 by 1 Comment
Poland, with a population of 40 million or 8% of the EU is not the land locked and Russia loving Hungary that Brussels may easily pretend doesn’t exist. The October electoral triumph of the Eurosceptic, if not anti-EU, Law and Justice party (PiS) under the extreme right wing politician Jaroslaw Kaczynski, a rampant populist, decisively […]Terrorism and migrants: the two awful nightmares for Europe and Germany in 2016
January 13, 2016 by 2 Comments
Less than two weeks have passed since the dawn of 2016 and terrorism and the migration crisis continue afflicting Europe and especially Germany. Yesterday’s horrible terrorist attack in Istanbul that caused the lives of at least 10 people and left 15 injured shocked the entire world and particularly Angela Merkel since eight Germans were among the victims. Terrorism left […]Schengen is losing ground fast revealing Europe’s clear inability to deal with migration crisis
January 6, 2016 by Leave a Comment
It was last Monday when Sweden decided to impose ID-checks at its borders with Denmark. Of course, this action didn’t remain unanswered by Denmark which tightened controls at its southern border with Germany. This anti-Schengen spirit has been created by the influx of migrants and refugees coming to Europe daily in thousands and is meant to stop undocumented […]COP21 Paris agreement: a non legally-binding climate pact won’t stop effectively global warming while EU’s Cañete throws hardest part to next Commission
December 16, 2015 by Leave a Comment
Last Saturday the COP21 Paris agreement was unanimously signed by 195 countries in Le Bourget, France. Everyone voted in favor of the new attempt to reverse the downhill of our planet regarding temperature rise and agreed to take all the necessary actions to cut all fossil fuels subsidies by the end of this century. This is seen by […]Unemployment and immigrants haunt the EU; who can offer relief?
December 10, 2015 by Leave a Comment
On Tuesday 1st December, Eurostat the EU statistical service reminded us all that in the euro area the October unemployment rate still remained in the double digit region with 10.7%. Understandably, this is the official percentage of people without a job, while the real unemployment rate may be double that, as this newspaper has proved, […]Volkswagen scandal update: “We want clarity fast, but it is equally important to have the complete picture”, Commission’s spokesperson underscores from Brussels
November 25, 2015 by Leave a Comment
More than two months have passed since the Volkswagen emissions scandal broke out and the company is still under thorough investigation revealing that many more vehicles are affected by the cheating software and the firm’s fraudulent techniques. Last Monday, the Volkswagen (VW) chief executive officer Matthias Müller stated in Wolfsburg, Germany that the majority of VW’s […]EU responds to terror fallout by eroding borderless Europe and molesting the refugees
November 23, 2015 by Leave a Comment
The very title of the Press release which the extraordinary Justice and Home Affairs Council of the European Union issued after its 20 November meeting, is quite indicative of the multiple fractures that the Union suffers after the terrorist attacks, which took place in Paris on 13 November 2015. The title reads as follows: “Conclusions […]The European Sting writes down the history LIVE from G20 Leaders’ Summit in Turkey
October 26, 2015 by Leave a Comment
Just a few days now remain until the world’s highest level Summit where the 20 most powerful leaders will convene. This year the exclusive G20 Leaders’ Summit will be taking place in Antalya Turkey on 15-16 November 2015. The Sting, faithful to the tradition it has created to cover the world’s most important Summits, like the […]The UN supports Europe’s military action in Libya and the Mediterranean; Russia and China agree
October 12, 2015 by Leave a Comment
Last Friday 9 October the UN Security Council and its five permanent members unanimously decided to actually trade entire nations and geographical regions between them. To this effect they authorized the European Union to employ warships in the Libyan waters to “board ships for inspection, seize and even dispose of vessels suspected of being used […]China is the first non-EU country to invest in Europe’s €315 billion Plan
October 1, 2015 by Leave a Comment
China is the first non-EU country to contribute to the Juncker Commission’s €315 billion Investment Plan. Until today only nine out of the 28 EU countries have announced their participation in this major project aimed at reviving the sluggish European economy. Beijing has not yet specified the amount to be invested in the Plan but […]Two major EU projects falter; the Schengen Agreement now freezes and Eurozone fails to resolve the Greek enigma
September 17, 2015 by 2 Comments
The usually so cool north Europeans seem to have lost their composure when the first waves of refugees and immigrants reached their borders. Germany and Austria within a few days made full immigration policy u-turns and finally closed their borders. Both Chancellors, Angela Merkel in Berlin and Werner Faymann in Vienna, said last week they […]The new general election will secure Greece’s position in Eurozone; at least for some time
August 24, 2015 by Leave a Comment
The very next day that the Greek government signed a three year Memorandum of Understanding (MoU) for a new stability support program of €86 billion with the European Commission, Prime Minister Alexis Tsipras triggered an early legislative election. To do this he had to resign and according to the constitution, the President of the Republic […]ECB: Euro area should smooth out the consumption and income shocks of its members
June 4, 2015 by 1 Comment
Last Tuesday Brussels celebrated the return of the Eurozone inflation to positive grounds after five straight months of deflation (negative inflation). Some EU Commission economists, among others, assume that three positive decimal points of change of the level of consumer prices in May (0.3%), can signal the return of the economy to growth. Under an […]Spanish and Polish voters are crying out for an imminent European change while US urge now Germany to change route
May 27, 2015 by Leave a Comment
The election outcomes in Spain and Poland last week were enough to cause even more uncertainty and turbulences to the already shaken European economy. The European leaders and especially Germany is facing another thorn while they struggle to come to a deal with Greece, which focuses on the austerity policy that is constantly followed by the […]MasterCard at European Business Summit 2015: A focus on innovation will drive inclusive economic growth for Europe
May 6, 2015 by Leave a Comment
Written by Ann Cairns, President of MasterCard, International Markets This year’s European Business Summit’s entitled “Europe 4.0 – Delivering a vision for the future of Europe” falls on the same day as the general elections in the UK which could prove crucial for the future of both, the UK and Europe. At a time when […]
