Brexit: UK to suffer from EU’s uncompromising stance

Last Tuesday, 29 January, 317 British MPs voted for (301 against) the Tory Sir Graham Brady’s amendment, to replace the ‘Northern Ireland Backstop’ with elusive “alternative arrangements“. This NI Backstop is an integral part of the Brexit Agreement, PM Theresa May concluded with the other 27 EU leaders last December. It guarantees that, after the […]

After globalization what? Europe’s long, straining shake-up post Davos wreckage

It’s an established fact by now that the Eurozone economy is slowing down. The International Monetary Fund cuts down the relevant growth estimate for this year to 1.6% and 1.7% for 2020. This is far below the robust 2.4% of 2017. The German economy, the largest and the more competitive country of the club, is […]

Britain in chaos: May stays as Tory leader and PM but none can defuse the Brexit time bomb

Yesterday night the embattled British Prime Minister and President of the Conservative Party, Theresa May, won an intraparty no confidence vote. This was a Tory party internal procedure, triggered by members of her own parliamentary group. In the final result 200 Conservative MPs voted for May and 117 against her. In this way, she secures […]

British PM May’s Brexit proposal remains obscure while her government unravels

Only days before, Theresa May, the British Prime Minister is expected to table her proposal for a Brexit deal in the Commons, the British Parliament, and her government appears unraveling. Her transport Minister Joe Johnson resigned last week, having revived the discussion about a second referendum. He was strongly pro-remain in the June 2016 Brexit […]