Edition: International | Greek
MENU

Home » Europe

EU - US summits ‘only when necessary’ …

After cancellation of the planned EU-US May summit in Madrid, a policy-director within the US State Department said, during a forum in Brussels last Friday, that EU-US summits will no longer be organised automatically. A second blow by Obama for his European friends?

By: N. Peter Kramer - Posted: Tuesday, March 30, 2010

President Van Rompuy’s week was a good one. After managing ‘a wise compromise’ (according to the Financial Times) for a rescue package for Greece, the EU leaders promised to improve economic governance by an ‘economic government’ headed by Van Rompuy.
President Van Rompuy’s week was a good one. After managing ‘a wise compromise’ (according to the Financial Times) for a rescue package for Greece, the EU leaders promised to improve economic governance by an ‘economic government’ headed by Van Rompuy.

Did the State Department find out that the new EU ambassador to the US was not the expected heavy weight but a subordinate (and compatriot) of European Commission President Barroso who got the post as compensation for longstanding good service?

EU-Summits have been held one or twice a year since 1991; the most recent one took place in Washington on 3 November last year. When declining the invitation, the US also pointed to the Lisbon Treaty and the fact that it should no longer be the rotating EU Presidency, currently held by Spain, chairing these events but the President of the European Council, in other words Herman van Rompuy.

President Van Rompuy’s week was a good one. After managing ‘a wise compromise’ (according to the Financial Times) for a rescue package for Greece, the EU leaders promised to improve economic governance by an ‘economic government’ headed by Van Rompuy. He has been asked to form a special "task force" to look at "all options" for economic measures including a European Monetary Fund and an expulsion procedure for euro members that break the rules. The Council decision to ask Van Rompuy bypasses the Commission. A reprimand for Barroso’s outburst on Chancellor Merkel’s tough talk about members of the eurozone that break the rule?

More difficulties for Lady Ashton, EU’s Foreign Affairs Chief. who is setting up the new EU’s diplomatic service called External Action Service (EAS). The EU’s foreign policy priorities include climate change and energy security, which the European Commission regards as its territory and tries to keep out of the tasks for the new EU diplomacy service.

The same fight is going on in the area of EU enlargement and neighbourhood policy with the Commission trying to retain control. But for instance EU’s relationship with Turkey deserves a broader approach than the Commission is accustomed to. The political situation in Turkey, its relationship with Russia, Israel, Iraq and other Arab neighbours, the countries in the Caucasus, all need more than the Commission can offer. This is work for a professional diplomatic service such as the EAS. And for Europe’s leaders themselves: see Angela Merkel’s visit to Turkey this week and Turkish Prime-Minister Erdogan’s upcoming trip to France to meet Nicolas Sarkozy.

READ ALSO

EU Actually

Volkswagen is going to lay off 100.000 employees: EU’s automotive industry is in serious trouble

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N. Peter Kramer, writes about the alarming decline of the largest industrial employer in the EU, Volkswagen. EU leaders and the entire automotive sector did not seem to know how to handle China.

Europe

Majority think EU is a "place of stability in a troubled world"

Majority think EU is a "place of stability in a troubled world"

While economic concerns grow, EU citizens value the peaceful, protective and cooperative nature of the EU.

Business

How Much Pressure Can European CEOs Take?

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.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron