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In order to monitor that the country remains on track, the Hellenic economy will be under an ‘enhanced surveillance’ that will include quarterly reports, instead of once per semester, by the Commission, the International Monetary Fund, the European Central Bank and the European Stability Mechanism.

Eurogroup nears debt deal for Greek bail-out exit

By: EBR | Thursday, June 14, 2018

Greece and its creditors are getting closer to a deal on a debt relief package to be sealed during the next Eurogroup meeting on 21 June, senior EU officials said on Wednesday (13 June)

Macron seeks new ‘progressive’ coalition for 2019 European elections

By: EBR | Saturday, June 9, 2018

French President Emmanuel Macron wants to shake up the EU political ecosystem, hoping to forge a new progressive alliance at the end of this year for the 2019 European Parliament elections, a source in his office said

"The US now leaves us with no choice but to proceed with a WTO dispute settlement case and with the imposition of additional duties on a number of imports from the US. We will defend the Union's interests, in full compliance with international trade law."

European Commission reacts to the US restrictions on steel and aluminium affecting the EU

By: EBR | Friday, June 1, 2018

The US announced that starting on 1 June 2018 it will impose additional duties of 25% and 10% respectively on imports of steel and aluminium from the EU

At first glance, the EU leaders' agenda suggests that's a stupid question because it's dominated by the unending nonsense of Brexit, the North-South deadlock over eurozone reform and how the EU should respond to the Trump Administration's trampling of the bonds that hold our unruly world together.

Once again, the EU Summit will ignore Europe's greatest threat

By: EBR | Tuesday, May 29, 2018

With this summer's European Council just a month away, now seems a good time to ask "what's the summit for?"

‘Europe makes up for only 7% of the world population, but accounts for 25% of the world economy and for more than 50% of global social and environmental expenditure, related to our standard of living. The other important world regions are very dynamic. Europe is saturated. The alarm bell is ringing. Wake up Europe, before it is too late!”

‘Eurochambres 60 years: a long time, much content and a lot of success’

By: N. Peter Kramer | Thursday, May 24, 2018

Since January 1 and for the second-time Christoph Leitl, former President of the Austrian Chamber of Commerce, has been elected President of Eurochambres. EBR had the honour of an exclusive interview with him on the occasion of the 60th anniversary of Eurochambres

Europe's economy is growing at its fastest pace in a decade, with record employment, recovering investment and improved public finances. According to the Commission's 2018 Spring forecast, growth in the next two years will slow slightly but remain robust. The current favourable conditions should be used to make Europe's economies and societies stronger and more resilient. The country-specific recommendations proposed today build on the progress already made in recent years and aim to capitalise on the positive economic outlook to guide Member States to take further action.

European Semester 2018 Spring Package

By: EBR | Wednesday, May 23, 2018

Commission issues recommendations for Member States to achieve sustainable, inclusive and long-term growth

The EU’s management machines no longer represent the reality of Europe’s increasingly vibrant, diverse, multi-ethnic, multi-religious and multi-racial societies.

As we gear up for 2019, Europe needs more talent and some colour

By: EBR | Tuesday, May 22, 2018

As the jostling for jobs and nominations gathers momentum ahead of next year’s change of guard at the European Union institutions, it’s time to start walking the talk on building a truly diverse and inclusive Europe

“The vote was one of anger, for some fear, for others hope, but above all, it showed that these feelings were no longer contained by traditional politics,” says Marco Damiliano, director of the weekly L’Espresso.

How did EU-founding member Italy go Eurosceptic?

By: EBR | Tuesday, May 22, 2018

All eyes are on Italy as the far-right League and rebellious Five Star Movement close in on power, ringing alarm bells in Brussels as the country inches towards becoming the first EU founding member to have a Eurosceptic government

Both leaders seemed cautiously optimistic about the progress of the negotiation on the issue that has effectively blocked Skopje’s efforts to join NATO and the EU.

EU socialists urges Tsipras and Zaev to show ‘leadership’ to curb nationalism

By: EBR | Thursday, May 17, 2018

The President of the Party of European Socialists (PES), Sergei Stanishev, praised on Wednesday (16 May) the efforts by Athens and Skopje to resolve the long-standing name dispute and urged them to show “leadership” against nationalistic trends

Having become finance minister in Athens in late January 2015 for a coalition of ultra-left Syriza and right-wing Anel, Mr. Varoufakis turned against Greece’s official creditors and eventually worked semi-secretly on a plan to leave the euro.

Italy and the Yanis Varoufakis effect

By: EBR | Thursday, May 17, 2018

Populists in power, like Five Stars and the Lega in Italy, can do serious damage. In the case of Italy, the key risks are long-term rather than immediate

According to the WEF, the main objective is to bring together regional heads of government and heads of international and local businesses in order to drive forward economic integration and transformation focusing on three key areas: deepening trade links, engaging a new generation of leaders and developing a digital ecosystem to enable the Fourth Industrial Revolution.

World Economic Forum: Western Balkans’ assets can help it control its destiny

By: EBR | Wednesday, May 16, 2018

The Western Balkans’ very strategic location and entrepreneurial labour force are some of the assets that could help the region take advantage of the Fourth Industrial Revolution and take its destiny in its own hands, Martina Larkin of the World Economic Forum told EURACTIV.com in an interview

European leaders’ biggest fear is that the Trump administration has torn up the rule book. They now face a choice: continue muddling through—as they have repeatedly done, with mixed results during recent crises—or recognize that Trump’s policies should push Europe toward deeper political and economic integration. That path will require a strategic outlook that is sorely lacking in order to build a serious foreign, security, and defense policy. After decades of talking about one, little in substance has been achieved.

Waiting For Europe, waiting For Merkel

By: EBR | Tuesday, May 15, 2018

Europe can abandon its ambitions as a global player until Germany breaks out of its comfort zone. US. President Donald Trump’s decisions to pull out of the Iran nuclear deal and move the American embassy to Jerusalem has shaken his European allies

Europe’s Big Three “M”s Weaken the EU

By: EBR | Thursday, May 10, 2018

The EU’s most important leaders are hobbled by domestic crises, leaving the bloc almost rudderless to deal with major foreign and security policy issues

EU elections in the era of fake news

By: EBR | Wednesday, May 9, 2018

‘Fake news’: it has existed for centuries but is exacerbated by 21st Century technologies

So on this ‘Europe Day’, here’s a short and incomplete list of the “other heroes” who need to be involved in crafting a more powerful European narrative

On this “Europe Day” let’s look for the hero inside ourselves

By: EBR | Tuesday, May 8, 2018

The search is on. We’re all on a quest to find a European hero ‒ a man or woman who will re-energise Europe, give us a sense of purpose and direction. Someone to make Europeans feel confident and proud again

Scholz declined to comment on reports that he would be finance minister, saying only that the SPD would appoint three men and three women to the federal cabinet. As part of the price for its support, the SPD will take the helm at key ministries, including the finance ministry.

Social Democrats sign up to new Merkel-led German government

By: EBR | Thursday, May 3, 2018

Germany’s Social Democrats (SPD) decisively backed another coalition with Chancellor Angela Merkel’s conservatives on Sunday (4 March), clearing the way for a new government in Europe’s largest economy after months of political uncertainty

Although it represents only around 1% of the EU economy, the EU’s next long-term budget will have a big role to play in ensuring the EU hits its 2030 climate and energy targets and is in good shape to achieve net carbon neutrality by 2050.

Five steps for a climate-friendly EU Budget

By: EBR | Wednesday, May 2, 2018

The EU’s next Multi-Annual Financial Framework (MFF) must reflect the commitment the EU has made to decarbonise its economy, in line with the aims of the Paris Agreement. Strong overall coherence to ensure that funds are spent in targeted and intelligent ways is the key to its success

The National Front leader is hoping to bounce back from her defeat in last year’s presidential vote in the May 2018 elections to the European Parliament.

Le Pen seeks to rally far-right allies for European elections

By: EBR | Wednesday, May 2, 2018

France’s Marine Le Pen led a rally of Europe’s far-right in the southern French city of Nice on Tuesday (1 May), to celebrate recent gains on the continent and devise a battle plan for next year’s European elections

The British still have no realistic plan of how to proceed in their future relations with Europe. They do have a long wish list. The British side also still pins high hopes, in the same way as the Chinese do, on winning individual EU member nations for their cause and thus splitting the EU 27.

Britain’s Confused Soul in the Age of Brexit

By: EBR | Friday, April 27, 2018

Britain appears to be abandoning core virtues – its ability to be ruthlessly wedded to a realistic pragmatism and its relentless pursuit of its own commercial advantage

The European Parliament’s new resolution on debt sustainability in developing countries squarely addresses this obduracy, challenging EU states to pick up the 2015 discussions and forge a path towards a set of multilateral rules to manage debt restructuring in a timely, fair, and sustainable manner.

European Parliament sounds the alarm over developing world debt crisis

By: EBR | Wednesday, April 25, 2018

The number of poor countries facing major debt crises has doubled since 2013, and only 1 in 5 are now considered to be at low risk of crisis. With some countries in the midst of crisis and others on the brink, meeting the Sustainable Development Goals (SDGs) remains a pipe dream

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EU Actually

Ukraine may buy for 6 billion euros Chinese drones with EU money

By: N. Peter Kramer

In his weekly column, N. Peter Kramer writes about the Ukraine buying for 6 billion euros drones in China with EU money. Is it a threat for Taiwan?

Europe

Diplomacy intensifies over Cyprus

United Nations secretary-general envoy Maria Angela Holguin will be in Brussels on Wednesday for meetings seen as important to European Union preparations for a possible revival of Cyprus reunification talks ahead of an expected visit by Secretary-General Antonio Guterres to Cyprus next week.

Business

How Much Pressure Can European CEOs Take?

There was a time when the job of the CEO was difficult but relatively clear: grow the business, beat the competition, manage costs, satisfy shareholders, inspire employees and avoid major reputational mistakes. That world has disappeared.