France pushes UK to stay and Germany to pay

Emmanuel Macron, France’s minister of Economy, visited London this week in an attempt to step up for his country’s future policy reforms. Among others, Macron announced that Britain must remain an EU member state and that Germany should invest in the EU. However, it was not mentioned anything about the fines that the European Commission […]

France asks help from Germany but it will not be for free

France and Germany had a ‘meeting’ last Monday to discuss about the latter’s support on the problematic budget of France regarding the high deficit levels. This comes after the submission of France’s 2015 budget upon approval by the European Commission (E.C.). The Hexagone claims that slow growth must be fought at all costs. However, Germany is […]

It’s a week dedicated to all EU budgets; seven days that can make or break the Union

All EU member states budgets including the EU’s proper one will be under scrutiny this week in Brussels. Let’s start from the Union’s own budget for 2014. Today Monday, a Conciliation Committee, made up by the 28 representatives of the member states and 28 European legislators, has to agree on EU’s budget for 2014. Earlier […]

ECB to support only banks not Peoples

In two different articles the European Sting yesterday made important references and observations on the policy lines followed by the European Central bank. ECB’s double standards Maria Milouv in her article entitled, “European financial values on the rise”, commented as follows: “With the prospect of a further reduction of ECB’s interest rates appearing now more distant […]

The new EU “fiscal compact” an intimidation for all people

All the major media of the world announced that as from yesterday 1 January 2013 the European Union has a new Treaty on Stability Coordination and Governance, known as “the fiscal compact”, which aims at imposing fiscal discipline in the Eurozone area, plus any other EU country wishing to join.Theoretically, the ultimate goal of the […]

European Union: From financial consolidation to deeper political division

In June 2012 the 17 Euro-area leaders who made a giant step forward towards a closer Eurozone union, when back home, those on the giving side, namely Angela Merkel, pretended that nothing has changed, while the ‘winners’ made it look like a gift, which it was not. As for the 10 heads of states and […]