Minority governments ‘à la mode’ in Europe but can they last long?

With the Italian elections set for 4 March and anticipated to produce a hang parliament, four out of the five bigger European countries will be in political limbo for a good part, if not for the entire new year 2018. France is the only exception in this Euro-plague of political uncertainty. In some cases the […]

Bullheaded Madrid authorities confront Catalonia with force

Madrid is doing exactly the same mistakes after the Catalan secessionist parties won the 21 December election, as in the weeks leading to the unauthorized independence referendum of 1st October. Both Prime Minister Mariano Rajoy and King Felipe VI refused to let the door open for talks with the secessionist leaders and Carles Puigdemont, the […]

Catalonia secessionist leader takes Flemish ‘cover’; Spain risks more jingoist violence

The Catalonia crisis and the aftermaths after its diffusion can offer valuable lessons for the nature of jingoist politics and the motives, goals and the character of its main actors, on both sides of the fence. The Catalan secessionists led by Carles Puigdemont proved experts in setting the fire, but were incapable of making anything […]

Czech Babis, Austrian Kurz and others threaten Europe with nationalist populism

Andrej Babis, a media magnate and second wealthier Czech leading his anti-immigration, nationalist and populist ANO party, won last Sunday’s election, with around 30% of the vote. He is to become the next Prime Minister of the Czech Republic. Babis did that on an anti-systemic Trump-like ticket. He was recently implicated in a tax fraud […]

A jingoistic Spanish ‘war’ from the past

“Patriotism is the last refuge of a scoundrel” Samuel Johnson wrote in the 18th century and unfortunately history keeps justifying this early political essayist. During the last few days, the Catalan separatists and the Iraqi Kurds held referendums to declare national independence, which were not at all needed. Both regions have as much self-governance as […]

Twenty days that may remold the future of Europe

The next few weeks may indelibly stain the future of Europe. There are three issues which can irreparably hurt the Old Continent. Starting from Britain in the extreme northwest, this week the country showed that she risks plummeting into a jingoistic abyss. A confrontation with Spain about the Gibraltar Rock has provoked a wave of […]

A hot autumn after a cool summer for Europe

This autumn Europe has everything it…didn’t need. A frozen Spain, a hot Britain who says will stay in EU’s Foreign and Security Policy, a self-centered Ireland and a revolutionary France. In the most interesting development the British Foreign Secretary, the infamous for his gaffes and lies Boris Johnson, said that despite the impending Brexit, his […]

ECB: Euro area should smooth out the consumption and income shocks of its members

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 […]

Catalonia’s vote for independence and the power of symbols

Although the polling has no legal force, the officers were all volunteers, and the election might be illegal, Catalans voted on 9 November. And the outcome was quite clear-cut. As expected the vote resulted in an overwhelming secessionist victory, with 80.7 percent of 2.25 million Catalans who participated in the referendum voting in favor of […]

Eurozone 2013: Where to?

In 2012, Eurozone not only managed to effectively counter its double-faced, credit and sovereign debt crisis, but also convinced the global financial community, that the single European currency is probably the safest deposit of value. The world responded positively by voting the euro at the region of 132 American cents. A fair price, to keep […]