Draghi left alone with no hope of boosting EU growth as Merkel just focuses on next elections

It was last Monday when the president of the European Central Bank (ECB) discussed with members of the economic and monetary affairs committee at the European Parliament (EP) about the EU economy in the aftermath of the UK referendum, revealing that the euro area economy shows notable adjustment properties to the global economic and political uncertainty. […]

Is it just visa-free travel that Erdogan demands from the EU to not break the migration deal?

Last Monday Mevlut Cavusoglu, Turkey’s Foreign Minister, mentioned in the German newspaper Bild that Turkey is most likely to step out of the refugee deal signed with the EU last March unless the latter provides to the Turks visa-free travel to the bloc in October. These comments come only a few days after the Turkish […]

Tsipras doesn’t seem to have learned his “almost Grexit” lesson and Greece faces again financial and political dead end

The teleconference of the EuroWorking Group which took place yesterday is the forerunner of the extraordinary meeting of the Finance Ministers of the Eurozone on May 9 where Greece’s programme review is about to be discussed. The outcome was, as expected, disappointing regarding the agreement between the two sides on the package of basic and […]

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 […]

On Grexit: Incompetence just launched the historic Ultimatum that could open “pandora’s box”

It’s clearly a very bad moment for Europe; unfortunately much worse than our wise European leaders can grasp. The Greek issue is inescapably bringing to the surface the political incompetence of many key figures in Brussels and beyond. Dijssebloem and the peer were never prepared for the Greek stubbornness; most likely they were never ready to […]

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 […]

Italy’s Letta: A European Banking Union soon or Eurozone collapses

While the European Council of the 27 EU leaders has only ‘energy’ and ‘taxation’ in its agenda today, with poor results expected on both accounts, the hot issue of the European Banking Union will probably consume most of the time in the side meetings. The enactment of the EBU has become now the main point […]