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EU chief negotiator Barnier has to turn the Brexit-tables

After the EU summit of the end of June, it was reported that some EU27 leaders were considering arranging an informal summit with UK Prime Minister Theresa May

Meanwhile, the EU memberstates refusing to take in migrants, Poland, Hungary, Slovakia and the Czech Republic (the ‘Visigrad Four’) let know they would not attend. French President Emmanuel Macron however wants a swift deal on migration; it would allow the European Summit to focus on his plans on reform to the Eurozone.

A ‘Union’ in disarray

Commission President Juncker announced an ‘informal working meeting’ on Sunday June 24 to discuss the migration and asylum problems

Leaving the euro is not on the agenda in Rome, but there is no doubt that the new Italian government will be on a collision course with ‘Brussels’ over the tight strictures of the single currency and the fiscal stance that it demands.

Dramatic political changes in Italy and Spain

We write at the very beginning of June 2018. Two new national governments were sworn in in the 3rd and 4th biggest economies of the Euro-zone

Rusal is the world’s largest producer of aluminium outside China.  US sanctions made prices to jump 30% in the past fortnight.  Rusal is also a major supplier of alumina, the refined white powder used by Europe’s leading aluminium producers to make the metal. Insiders said that if these producers could not secure alumina supplies, they would be forced to cut production. With a disastrous effect on industrial giants such as Airbus, BMW and Volkswagen.

US sanctions against Russia are threatening European industrial giants

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

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."

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