Chatterbox Rome Declaration cannot save the EU; Germany has to pay more to do that

Last Saturday, the phantom of Wolfgang Schaeuble, the hawkish German minister of Finance, overshadowed the gathering of the 27 EU leaders in the Italian capital, without him having left Berlin. The heads of EU states or governments, at the exception of British MP Theresa May, went there to celebrate the 60th anniversary after the signing […]

Will Turkey abandon the refugee deal and risk losing a bonanza of money?

Last week Turkey threatened Europe to reinstate capital punishment and to drop the EU-Turkey pact which was signed one year ago. The desperate need of the Turkish President Recep Tayyip Erdogan to gain more power has forced Turkish officials to release accusations to Europe and especially to the Netherlands, Germany and Brussels in view of the […]

Theresa May in search of a magic plan to invoke Article 50 and start Brexit negotiations now

The British government convenes today after its summer break in order to discuss about the imminent negotiations with the EU. All the ministers of the Cabinet are expected to bring concrete proposals on the table in order to be prepared for the Brexit talks. It seems that Theresa May looks for favorable ideas in view of the […]

Will Europe be able to deal with the migration crisis alone if Turkey quits the pact?

The European Union keeps on focusing on the implementation of the EU-Turkey agreement on the migration crisis despite being threatened by Turkey that the latter will step off the deal if the EU will not keep its last March’s promises. The European Commission is determined not to let Turkey leave so easily and aims at financially supporting refugees […]

Why is Merkel’s Germany so liberal with the refugees? Did the last elections change that?

There are many lessons to be learned from last Sunday’s elections in Germany. For one thing, the widely expected electoral setback that the German Chancellor Angela Merkel and her Christian Democratic Union party (CDU) experienced last Sunday doesn’t seem to constitute a major blow to her dominant political status. She continues to be the central […]

The Syrian knot cannot be cut without devastating consequences

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 […]

WEF Davos 2016 LIVE: “No other problem has jeopardised the EU as much as the refugee question” Joachim Gauck, President of the Federal Republic of Germany, cries out from Davos

Migration crisis is one of the most important issues in Europe currently and Klaus Schwab, Founder and Executive Chairman of the World Economic Forum invited yesterday Joachim Gauck, President of the Federal Republic of Germany, to speak about this heartrending problem since the German Chancellor is not attending the WEF this year. The plenary session […]

Two major EU projects falter; the Schengen Agreement now freezes and Eurozone fails to resolve the Greek enigma

The usually so cool north Europeans seem to have lost their composure when the first waves of refugees and immigrants reached their borders. Germany and Austria within a few days made full immigration policy u-turns and finally closed their borders. Both Chancellors, Angela Merkel in Berlin and Werner Faymann in Vienna, said last week they […]

Does the Greek deal strengthen the Eurozone? Markets react cautiously

Is Eurozone strengthened after the Greek deal? At first reading the answer is a straightforward ‘yes’ because the other option, the Grexit, the exit of the country from the euro area, would have reversed the theoretically irreversible participation in the monetary zone. According to the Treaties, on which the Economic and Monetary Union (EMU) of […]

Canada and EU officially sign the trade agreement that could open-up the road to TTIP

Last Friday the European Union and Canada officially marked the end of five years of negotiations and talks: the Comprehensive Economic and Trade Agreement (CETA) between the two parts was signed. The agreement was presented by the outgoing Commission President Manuel Barroso, the European Council President Herman Van Rompuy and Canada Prime Minister Stephen Harper […]

Italy’s M.Renzi and Germany’s S. Gabriel veto austerity, ask EU leaders to endorse growth measures

At last there are signs of relaxation of Eurozone’s tight fiscal constrains to growth. Italy, Portugal, Spain, Ireland and Greece are not the only Eurozone members that display now a de facto rejection of the strict financial confines imposed on them by Brussels since 2010. France too and other EU member states seem quite reluctant […]