An $826 Billion Battle is Brewing in Europe

(Bloomberg Opinion) — The European Union’s pandemic recovery plan has all the hallmarks of a historic leap in the dark for the 27-member bloc. It aims to unleash as much as 750 billion euros ($826 billion) of fiscal stimulus, fueled by joint borrowing on … Read More

Coronavirus is pushing the EU in new and undesirable directions

posted in: European Union, News

COVID-19 is transforming the EU works in several ways, accelerating trends that were visible before the virus struck. These changes are good news for anti-EU populists. It is far too soon to judge how COVID-19 will transform the EU – … Read More

Will the Death of the Euro Lead to the Death of the EU?

posted in: European Union, News

The clock is ticking on the continuing existence of the EU. Image credit: Christian Wiediger on Unsplash The French president Emmanuel Macron recently fired a warning shot across the bow of the European ship of state. He said that without … Read More

China denies spreading coronavirus disinformation following EU report

posted in: European Union, News

BEIJING (Reuters) – China’s foreign ministry on Monday denied claims that Beijing is spreading disinformation about the coronavirus following a European Union report that said there was “significant evidence” of covert Chinese operations on social media. “China is opposed to … Read More

COVID-19 and the EU: crisis too far or transformative moment?

posted in: European Union, News

Will the COVID-19 pandemic prompt the EU to take the decisive integrative steps that it failed to take in the context of the Eurozone crisis? Or will this be a crisis too far? The COVID-19 pandemic poses an existential threat … Read More

Europe needs €1.5 TRILLION to recover or single market could ‘break in two’ – EU economy commissioner

posted in: European Union, News

FILE PHOTO. ©  Global Look Press / www.imago-images.de The European Union urgently requires financial injections to stay afloat and survive the coronavirus epidemic currently ravaging the continent, the European commissioner for the economy, Paolo Gentiloni, has warned. A whopping €1.5 … Read More

EU ministers make breakthrough on coronavirus economic response

posted in: European Union, News

Finance ministers of eurozone countries reached an “excellent accord” on fighting the pandemic-triggered recession. Europe has proven itself to be “a match” for the crisis, said French representative Bruno La Maire. After hours of talks on Thursday, representatives of 19 … Read More

EU’s one trillion euro coronavirus plan most important in its history – France’s Le Maire

posted in: European Union, News

PARIS (Reuters) – French Finance Minister Bruno Le Maire said European Union member states had agreed to mobilize 1 trillion euros to shore up the economy in response to the coronavirus crisis, in the most important economic plan in the … Read More

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