Edition: International | Greek

Home » Editor’s Column

In Brussels, France easily gets  away with it, as Commission President Jean-Claude Juncker says: ’ because it is France!’.  France is too big to fail. But Macron has a solution. He wants, in the name of European solidarity, an EU transfer union to keep the French system afloat. The money should come from Germany, the Netherlands and some other member states, the so-called net-payers who are paying the EU bills already.

Macron’s trick and Merkel’s weakness

The French president Emmanuel Macron has lost his popularity. France is striking again. Macron profiled himself as the leader of a revolution against "a caste of privileged top officials of the French state."

Election results all over the EU reveal extraordinary levels of voter discontent. The centre-left lost support massively, while the far-right went from strength to strength. One effect is that it is becomes more and more acceptable for centre-right parties to govern with the far-right.

It is clear: voters in the EU are moving more and more to the (far-)right

In Italy voters turned their back on the mainstream parties. They felt abandoned by the rest of the EU, as its coastal areas bore the brunt of the influx of migrants crossing the Mediterranean

The refugee crisis goes on; eastern European countries, especially Poland and Hungary (but they are not alone) persist in not taking their share. This leaves Italy, with its weak economy, and Greece, emaciated by EU politics on their own to find a solution for the inhuman situation. Meanwhile the Commission is powerless, and the Council divided.

A difficult year ahead for the EU

2018 will see more self-interest by EU member states than ever before. Politico calls it even ‘more naked self-interest’

It seems that the Brits have largely ignored the intimidation and doomsday predictions of the top EU negotiators Juncker, Barnier and Verhofstadt; which have been blindly echoed by the mostly Europhile press corps in Brussels.

Britons looking positively to their future

Most Britons believe that their job will be safe in 2018 and house prices will rise

The energy ministers also ignored calls by the European Parliament to raise the EU’s 2030 target for renewable energy. Projections show that the current target is too low to meet the EU’s commitments under the Paris climate agreement. The EU uproar at Trump’s stance on the agreement and its declaration of world leadership in the wake seems somewhat hypocritical in these circumstances.

EU Energy ministers give Europeans coal for Christmas and ditch the Paris Climate Agreement

The EU Energy Ministers have backed coal and other fossil fuels over renewable energy, in the ongoing reform of the EU’s energy laws


Eurozone banking supervision shows a growing audit gap

By: N. Peter Kramer | Thursday, December 14, 2017

Greece is recovering, ’slowly but steadily’

By: N. Peter Kramer | Thursday, December 07, 2017

A week without winners in Berlin…

By: N. Peter Kramer | Monday, November 27, 2017

Is the end of the Merkel era within sight?

By: N. Peter Kramer | Tuesday, November 21, 2017

To hold off Wilders, the new Dutch government embraces some of his rightist ideas

By: N. Peter Kramer | Tuesday, November 07, 2017

Brexit negotiations: the EU stays persistent

By: N. Peter Kramer | Monday, October 23, 2017

In a ‘constructive’ Brexit spirit May repeats: ‘better no deal than a bad deal’

By: N. Peter Kramer | Tuesday, September 26, 2017

An ominous sign: Verhofstadt applauded Juncker’s State of the Union

By: N. Peter Kramer | Thursday, September 14, 2017

Brexit negotiations make EU elite nervous

By: N. Peter Kramer | Monday, September 04, 2017

Lies, cheating and German carmakers

By: N. Peter Kramer | Monday, July 31, 2017

High Representative / VP Federica Mogherini also Commander-in-Chief of the EU Army

By: N. Peter Kramer | Wednesday, July 12, 2017

Macron had taken the wind out of his sails in his first EU Summit

By: N. Peter Kramer | Monday, June 26, 2017

US Senate decision: cold war or export promotion?

By: N. Peter Kramer | Monday, June 19, 2017

‘For the UK, no deal is better than a bad deal’

By: N. Peter Kramer | Monday, May 22, 2017

UK Prime Minister announces general election for June 8th

By: N. Peter Kramer | Wednesday, April 19, 2017

Viktor Orban, EPP’s tolerated maverick…

By: N. Peter Kramer | Monday, April 03, 2017

Did Wilders really lose?

By: N. Peter Kramer | Monday, March 20, 2017

Scotland: part of EFTA instead of EU membership?

By: N. Peter Kramer | Wednesday, March 15, 2017

Timmermans will lose his battle with Poland

By: N. Peter Kramer | Tuesday, February 28, 2017

No apocalypse after Brexit vote

By: N. Peter Kramer | Thursday, February 02, 2017

Draghi between Scylla and Charybdis

By: N. Peter Kramer | Monday, January 16, 2017

Commission’s Christmas Carol for Poland

By: N. Peter Kramer | Friday, December 23, 2016

The blinkers of EU leaders

By: N. Peter Kramer | Friday, December 09, 2016

Who is afraid of the Commission?

By: N. Peter Kramer | Monday, November 21, 2016

Pages: Next


8 reasons to care about the EU’s new data-protection rules

In recent weeks, you may have noticed pop-ups appearing in your browser or emails asking you to agree to a company’s new privacy policy or terms of service


4 mega-trends for the future of work

We’ve become accustomed to thinking that technological advances are eliminating jobs and tasks that require low-level professional qualifications

Editor’s Column

US sanctions against Russia are threatening European industrial giants

By: N. Peter Kramer

They are going, cap in hand, to President Donald Trump this week. First Emmanuel Macron, President of France, and later in the week Germany’s Bundeskanzlerin Angela Merkel


Live World Indices are Powered by Forexpros - The Leading Financial Portal.


View 1/2018 2018 Digital edition

Current Issue

1/2018 2018

View past issues
Digital edition

All contents © Copyright EMG Strategic Consulting Ltd. 1997-2018. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron