The new European Union of banks is ready

Yesterday, José Manuel Durão Barroso, President of the European Commission, speaking in a farewell ceremony to honour the Cypriot Presidency of the European Union during the second half of 2012, made clear that the Commission has made the creation of the Single Supervisory Mechanism (SSM) for the EU banks as its utmost priority and will […]

Britain heading to national schism on exit from EU

Either the British conservatives have lost any sense of reality or they think that reality has to accommodate their problems. This time it was George Osborn, the Chancellor of the Exchequer who said that the European Union has to change or Britain will leave the club. For one thing being a British he knows very […]