It’s a tautological statement to say that the euro area is an economy which barely moves ahead, towards producing more jobs and incomes for the tens of millions of the unemployed and materially deprived. However, it seems that it’s worse than that. Mario Draghi, the President of the European Central Bank, said it plainly in […]No hard drivers in sight to remodel the stagnating affairs of the EU
April 21, 2016 by Leave a Comment
It’s a tautological statement to say that the euro area is an economy which barely moves ahead, towards producing more jobs and incomes for the tens of millions of the unemployed and materially deprived. However, it seems that it’s worse than that. Mario Draghi, the President of the European Central Bank, said it plainly in […]EU-Turkey deal on migrants kicked off but to who’s interest?
April 7, 2016 by Leave a Comment
Last Monday, 4 April, Greece and Turkey kicked off the implementation of the EU-Turkey agreement. For migrants and refugees alike it foresees deportation from the Greek islands to Turkey, just some dangerous miles eastwards, over rough sea straights at times. Ankara is to receive from Brussels € 3+3 billion for that. During the past twelve […]Spending another 3 billion euros on Turkey feels better than admitting EU’s failure
March 8, 2016 by Leave a Comment
The migration summit which took place yesterday in Brussels between the 28 EU leaders and the Prime Minister of Turkey was a surprise. The reason is that Ahmet Davutoglou came to the meeting with specific proposals which are able to allow Turkey to take the upper hand and take advantage of the refugee crisis to better […]The EU has to prove it can remain one piece
March 7, 2016 by Leave a Comment
Today the European Union has to prove that it can solve its stalemate, which the immigrant and refugee flows from Asia and Africa have created. Some years ago nobody could imagine that an unseen before movement of people, could lead to the unraveling of the EU project. To deal with this problem, the 28 EU […]What little Cameron got in Brussels seems enough to keep Britain in the EU
February 22, 2016 by Leave a Comment
Even since 18 January this newspaper was convinced that David Cameron, the British Prime Minister, was ready to campaign for his country to remain in the European Union. A few days later, the European Sting prediction was more or less confirmed by Cameron’s speech delivered at the Davos World Economic Forum on January 21, where he […]The Syrian knot cannot be cut without devastating consequences
February 18, 2016 by Leave a Comment
Brussels seems quite lost with what is happening now in Syria. The statement issued last Monday 15 February by the European High Representative Mogherini and Commissioner Stylianides on the atrocious and murderous attacks on hospitals and schools in Syria stands as an infallible witness to that. At this point in time, the foreign powers, regional or […]Cameron readies to support ‘yes’ for Britain in the EU
January 18, 2016 by Leave a Comment
At the next European Council of 18-19 February, the 28 European Union leaders are expected to deliberate and possibly finalize the terms on Britain’s position in the club. David Cameron, the British Prime Minister, has set four conditions in order to support the ‘yes’ vote in the referendum which can definitely decide his country’s position […]One more country to test the EU project: Kaczynski’s Poland
January 14, 2016 by 1 Comment
Poland, with a population of 40 million or 8% of the EU is not the land locked and Russia loving Hungary that Brussels may easily pretend doesn’t exist. The October electoral triumph of the Eurosceptic, if not anti-EU, Law and Justice party (PiS) under the extreme right wing politician Jaroslaw Kaczynski, a rampant populist, decisively […]Brexit Update: EU endorses unprecedented compromise to help Cameron out of the referendum mess he got himself into
December 30, 2015 by Leave a Comment
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 […]The refugee crisis brings to light EU’s most horrible flaws and nightmares
September 16, 2015 by 1 Comment
Last Monday, the EU Interior Ministers convened in Brussels in order to discuss about the quotas of the 120.000 refugees proposed by the European Commission (EC) but didn’t manage again to come to a common decision. Poland, Czech Republic, Slovakia and Hungary belong to the group of countries that are against the latter proposal which […]EU seems to fail its moderate migration promises postponing them for end 2015
July 22, 2015 by Leave a Comment
The European Union’s Interior Ministers convened last Monday on migration but didn’t come to the preferred outcome which was set by the EU leaders only one month ago, in June. Many EU member states opposed to the proposed, by the European Council (EC), distribution of the 40.000 asylum seekers coming from Greece and Italy within […]Spanish and Polish voters are crying out for an imminent European change while US urge now Germany to change route
May 27, 2015 by Leave a Comment
The election outcomes in Spain and Poland last week were enough to cause even more uncertainty and turbulences to the already shaken European economy. The European leaders and especially Germany is facing another thorn while they struggle to come to a deal with Greece, which focuses on the austerity policy that is constantly followed by the […]Except Poland, can climate change also wait until 2021 for the EU Market Stability Reserve to be launched?
March 27, 2015 by Leave a Comment
The EU member states came to an agreement last Wednesday regarding the set up of the Market Stability Reserve (MSR) which will eventually lead to further discussions and negotiations with the European Parliament (EP) on the 30th of March. The starting date of the MSR is proposed to be 2021, in contrast with what “big” countries […]Hollande protects the euro from the attacks of extremists
May 14, 2014 by Leave a Comment
On 8 May, on the anniversary of the Allied Forces victory against Nazi Germany marking the end of World War II, François Hollande, the French president, used the occasion to defend the European project. He wished that all the French citizens could listen to what he had to say. To this effect the French president […]Auditors say EU spending delivers limited value for money but the timing of their report poses questions
September 18, 2013 by Leave a Comment
The European Court of Auditors (ECA) in a report that was published yesterday reveals that the EU spends billions to help the rural economy restructure but with poor results, delivering “only limited value for money”. EU spending on agriculture be it production and producer subsidies or supporting structural investment plans has being traditionally criticised not […]EU-US trade talks go ahead despite Prism and civil rights breach
July 5, 2013 by Leave a Comment
Apart from the largely hypocritical cries by European politicians mainly in Brussels about civil rights breaches, the only concrete and immediate implications that the American PRISM scandal could have had on EU-US relations refers to the Free Trade and Investments Agreement that the two sides are about to negotiate. For one thing European citizens are […]Trade surplus up production down in Eurozone
January 16, 2013 by Leave a Comment
Despite the apparent slow-down of the world economy and the drop of external demand for Eurozone products the first estimates by Eurostat, the EU statistical service, show a hefty trade surplus of €13.7 billion for the 17 countries single money zone in November 2012. Not all news however was positive for Eurozone in November. Industrial […]
