Ana Fuentes (Strasbourg) | Where should the EU look in the future? What are the priorities? At a time of rapid change, protectionism and nationalist populism, the European Parliament has approved a document of minimums called The Future of Europe. As inevitably happens in such plural institutions, it is neither binding nor completely satisfies anyone, but sets out the challenges the still 28 members have to confront together if the European project is not to diluted. We discuss it with Ramón Jáuregui, socialist MEP and rapporteur of the text.
Articles by Ana Fuentes
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Ana Fuentes | A special rapporteur from the UN visited Spain to “collect first hand information on the situation of minorities in the country, identify good practice and key areas which need improvement”. Why he chose the fourth economy in the Eurozone after Bostwana and Slovenia is a mystery.
Ana Fuentes | “The European project is suffering an identity crisis” affirms Josep Piqué, former Spain’s Foreign Minister who now sits on the boards of Abengoa and Seat. “If Europe loses solidarity, it disappears as a political subject. We are at this crossroads. We don´t lack ideas, we lack the leadership and political capacity to implement them.
Ana Fuentes (Strasbourg) | Member of the European Parliament from the S&D group, Miroslav Poche is also the rapporteur for the energy file, which is supposed to help reduce bills for Europeans. We spoke about targets, investment and why the emissions market does not seem to be working.
Ana Fuentes | “Perhaps the solution is to have 40 or 50 states agreeing, for example, common rules on e-commerce. And that all who are interested can join, as distinct from commercial agreements which you cannot choose to be part of – so if the EU signs a free trade agreement (FTA) with Canada, Israel cannot decide to be part of it”, explains J. Robert Basedow, Professor of International Political Economy at the LSE.
Ana Fuentes | Quick and provocative, Nassim Nicholas Taleb (he insists on the presence of his second name to emphasize his Christian origins) is a machine in generating headlines. This was the Lebanese investor, resident in New York, who in 2007 developed the theory of the Black Swan, an unexpected event which changes the chain of events and which can only be rationalised after the event. Since then he has become a financial guru who dresses his ideas in striking concepts: Antifragility, pseudo stability, pseudo experts.
Ana Fuentes | “More than 80% of the global population has a mobile phone, more than can count on running water, a bathroom or electricity. We constantly generate data. But for us, as rational investors, the question is whether we are making profits from this, or whether we are just talking and beating about the bush.” concludes Zhang, who manages a fund specialising in Big Data for Rothschild, with 332 million euros under management and an annualised profit of 15.1%.
Ana Fuentes (Strasbourg) | “Amazon is able to optimize their consumers´ experience and thus push down prices to compete with traditional and online retailers in Europe, but what worries me more, is Alibaba. They are able to virtually ship goods for free, what makes them extremely competitive even compared to Amazon, due to the universal postal convention, which says that China as a developing country”, says Christofer Fjellner, Member of the Committee on International Trade at the European Parliament.
Italy’s new coalition government seems to be paving the way for the country to abandon the common currency. Fortunately there are still many voices to be heard: European partners who are not willing to see their 4th biggest member leave, EU treaties, financial markets and Italy’s president.
Ana Fuentes | “The European leaders will also have to deal with insuring and enlarging a multilateral open system for trade, threatened not only by the US policies, which will lead to Germany having to accept more responsibility within the EU and in the world – and this includes not only the fields of economy and finance,” says Joachim Bitterlich, who was advisor to former Chancellor Helmut Kohl and is currently Professor at the ESCP School in Paris.