Italy parliament rejects ESM reform, irking Brussels

ROME, Dec 21 (Reuters) – Italy’s lower house of parliament voted on Thursday against a long-awaited reform of the euro zone bailout fund, throwing into doubt ratification of a European Union treaty that is designed to provide help for failing … 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

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

Could Italy tear Europe apart?

posted in: European Union, News

Euroscepticism is running high as the EU abandons the beleaguered country to its pandemic fate. Europe is heading into its most severe economic crisis for decades. Its two biggest economies — Germany and France — are already in freefall. Germany … Read More

Merkel lays out her vision for the euro — but her ideas are still far from Macron’s

The German chancellor’s comments came a few weeks ahead of a key EU summit, where many leaders, especially French President Emmanuel Macron, want to sign-off on specific policies to upgrade the euro zone. Aurelien Meunier | Getty Images French President … Read More

Germany coalition talks: Merkel welcomes breakthrough

posted in: Germany, News

Image AFP Angela Merkel and Martin Schulz stressed the need for social cohesion German politicians have achieved a breakthrough in talks aimed at forming a new coalition government. A blueprint for formal negotiations was agreed between Chancellor Angela Merkel’s Christian … Read More