Theresa May expresses her optimism about Britain’s economic success while UK business outlook seems ominous

UK Prime Minister Theresa May attended the annual Confederation of British Industry (CBI) conference on Monday where she expressed her confidence about the country’s economic outlook in an attempt to seek business support ahead of the harsh period till the conclusion of the Brexit deal. However, a quarterly report published from data firm IHS Markit […]

Brexit Update: EU endorses unprecedented compromise to help Cameron out of the referendum mess he got himself into

Following the failure of the European Council’s summit on December 17-18 to answer positively to UK’s requests regarding EU migrant’s social benefits ban, it was time for the German Councellor and French President to take the lead and try to avoid a possible Brexit. Angela Merkel and Francois Hollande thus proposed to the British Prime Minister […]

Sanctions on Russia to be the biggest unity test at this European Council

The relations between the European Union and Russia, as well as the entire, delicate situation in Ukraine, will be discussed at the European Council commencing this Thursday, although no big news are likely to come. EU leaders have not yet agreed on how to proceed on Russian sanctions, but they are unlikely to reach agreement […]

Civil society organisations disenchanted with “Youth Guarantee”

Since 2008, when the EU financial crisis first broke out, 1000 young people join every day the ranks of the unemployed, according to the European Economic and Social Committee. The EESC issued recently a note strongly criticising the Commission’s proposal entitled “Youth Guarantee project”. This proposal was adopted by the European Council of the 27+1 […]

Parliament ready to fight for a different EU budget

Last Tuesday 12 March, when the President of the European Council, Herman Van Rompuy, was addressing an invitation letter to the 27 EU leaders for the spring EU Summit of today and tomorrow, he couldn’t know the alarming outcome of European Parliament vote on the austerity EU Budget.This draft Budget features  a deficit for the […]

3+1 issues to haunt tomorrow’s EU Summit

Tomorrow’s European Council Summit has a very loaded agenda, with first item on it the pending agreement over EU’s proper budgets for the next seven years. Apart from this there are another two crucial matters the 27 leaders have to tackle, namely the bilateral trade agreements with Europe’s main trading partners (meaning Japan, US and […]