EU-US trade war? EU calls for logic while Trump’s administration is a loose cannon in a dangerous lose-lose situation for global prosperity

The European Parliament (EP) voted yesterday for the kick-off of the negotiations with the US government in an attempt to eliminate the industrial goods tariffs and harmonise conformity assessment. These mandates need to be supported by the EU member states in order to bridge the current trade differences between the European Union and the United […]

Slight easing of G20 GDP growth in first quarter of 2018

This article is brought to you in association with OECD. Growth of real gross domestic product (GDP) in the G20 area eased slightly to 0.9% in the first quarter of 2018, from 1.0% in the previous quarter, according to provisional estimates. GDP contracted by 0.5% in South Africa (following growth of 0.8% in the previous quarter) […]

Will Brexit shatter the EU or is it still too early to predict?

The president of the European Commission together with EU and German officials fear that Brexit will divide the EU after the negotiations have been concluded. Theresa May is about to trigger Article 50 of the Lisbon Treaty and begin the talks for UK’s exit once the House of Lords grants permission. In addition to the Brexit procedure, […]

Theresa May in search of a magic plan to invoke Article 50 and start Brexit negotiations now

The British government convenes today after its summer break in order to discuss about the imminent negotiations with the EU. All the ministers of the Cabinet are expected to bring concrete proposals on the table in order to be prepared for the Brexit talks. It seems that Theresa May looks for favorable ideas in view of the […]

Greek citizens to pay the price again but Tsipras risks losing next elections

It was last Monday when the Eurogroup took place in Brussels to discuss about the Greek programme but no final decisions were made neither on the ESM’s programme first review nor on the debt relief. The Eurozone Finance Ministers decided though to come to an agreement at their next meeting on May 24, after the […]