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In the shadows of fume of the protest fires in Kiev’s Independence Square, the 32nd EU-Russia summit is expected to take place in Brussels this Tuesday. It will end with a working lunch, without an official dinner being held. The EU side dropped it as an indication of deep concern about Moscow’s role in Ukraine. […]
It took four days to European Union two presidents to grasp the magnitude of the Ukrainian full U-turn, with Kyiv signing the Moscow led customs union, after cashing in the advance of EU’s financial aid. The unprecedented complete turnaround of Ukraine’s foreign policy took place last Thursday and the President of the European Commission José […]
European Council president Herman Van Rompuy in a four short lines announcement congratulating Angela Merkel on her victory in yesterday’s elections repeats her name twice, plus once in the title. This is rather too much in a fifty words official statement. The announcement written in the usual official language avoids celebrating the CDU-CSU victory but […]
Yesterday European Commission President José Manuel Barroso and European Council President Herman Van Rompuy issued an utterly hypocritical joint statement on Egypt. Last week’s massacre of Muslim demonstrators by military and police forces in all major cities of the country was covered with condolences to the families of the dead. The fact that Egypt is […]
Ilham Aliyev, the President of Azerbaijan was in Brussels on Friday 21 June for a good reason. The giant state oil and gas company of his country, Socar, has reportedly agreed with the Greek authorities to acquire the National Natural Gas System Operator (DESFA) S.A. of Greece, owner and operator of the country’s natural gas […]
Last week the President of the European Council Herman Van Ropmuy went to Rome, to meet the Italian Prime Minister Enrico Letta. This was a very significant move by the EU Council President. Italy is the third largest economy of Eurozone with large and more or less competitive private sector productive structures in manufacturing, services […]
Economics is primarily a social not a mathematical science. Forgetting that may lead mathematicians to create toxic investment products like complicated derivatives, which have no other purpose than to cheat people. This misunderstanding may also lead executives like László Andor, EU Commissioner for Employment, Social Affairs and Inclusion, to talk about ‘labour market’ as if […]
Only days after the 27 EU leaders gathered in Brussels on 22 May and decided that, “The supply of affordable and sustainable energy to our economies is crucial”, Eurostat, the EU’s statistical service, announced that, “in the second half of 2012 household electricity prices in the EU27 rose by 6.6% and gas prices by 10.3%”. […]
It is a disgrace for the European Union’s political elite to consciously block the internal exchange of information between the member states authorities and banks on matters related to tax evasion and fraud. This is exactly what the 27 EU minister of Finance did yesterday in the Ecofin Council in Brussels. This unbelievable political decision […]
The “Spring Summit” of the 27 EU leaders on 14-15 March unfolding currently amidst the Brussels winter scenery, will be forced to challenge the presently followed economic policy orientation of austerity, under the pressure of major developments. Obviously the Italian elections results and the ensuing political stalemate, set a new background for every political economy exercise […]
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 […]
