De Gucht: More gaffes with the talks on the EU-US free trade agreement

European Commissioner Karel de Gucht, responsible for Trade, speaking after the informal Athens meeting of the EU Foreign Affairs Council (Trade), attended by the 28 Foreign Trade ministers, failed to accurately report the Council’s opinion on the Transatlantic Trade and Investment Partnership (TTIP) that is the free trade agreement currently under negotiation between the Union […]

Glaringly false reassurances about the repercussions of the EU-US free trade agreement

Yesterday, Karel De Gucht, the EU Trade Commissioner delivered a speech in Düsseldorf, to reassure his German audience that the EU-US negotiations to conclude a Transatlantic Trade and Investment Partnership (Free Trade Agreement), will not lead to abandonment of EU health rules that ban genetically modified food and beef with hormones nor will it give […]

Germany to help China in trade disputes with Brussels

The visit of the new Prime Minister of the People’s Republic of China and party secretary of the State Council, Li Keqiang to Germany paid tangible dividends. After meeting with the German Chancellor Angela Merkel he got an official and public promise from her that Berlin will intervene in the Brussels procedures, to cool down […]

EU–US: What is the real exchange in a Free Trade Agreement?

The usually slow-moving European Commission over issues like free trade agreements, this time didn’t lose its time and President Manuel Barroso announced yesterday that, “the European Union and the United States have decided to initiate internal procedures to launch negotiations with the aim of reaching a ground-breaking free trade agreement: the Transatlantic Trade and Investment […]

Chinese economy to raise speed and help the world grow

According to the Organisation for Economic Cooperation and Development (OECD), the Chinese economy is bound to resume in strength in 2013 and attain an enviable 8.5% growth rate, after a relatively slow year in 2012, when it marked its slowest yearly GDP increase for years at 7.5%. OECD insists however that the relative slow-down of […]

Can the Americans alone determine the future of Syria?

The last speech of Bashar al Assad on the first Friday of New Year, which deeply disappointed the West and the Sunni Arabs in the oil rich countries of the Persian Gulf, was about an all-out war. He spoke of “a full scale war” against the enemies of his regime, mainly the Sunni Muslims. But […]

Where is heading Putin’s Russia?

Russia is the third trading partner of the EU and the EU is the first trading partner of Russia. This simple fact tells the whole story, about the relations between the two largest economic volumes of the Old Continent. Not much of Europe is left outside the two heavyweights. Energy, food, machinery and equipment, raw […]