Britain Has Forgotten to Ask Europe’s Opinion of a Brexit Transition
Nick Ottens via Atlantic Sentinel |A transition deal might be good for Britain, but there are many reasons to doubt the EU would agree to it.
In Europe
UK pay gap might indeed outpace that of European peers
Carax Alphavalue |Since she took office in July last year, UK Prime Minister Theresa May has shown she wants to get tough with the country’s big businesses. May believes there is an increasing gap between what large companies pay their workforce and what they pay their bosses.
Macron Wins Central European Support for Posted Workers Reform
Nick Ottens via Atlantic Sentinel |French president Emmanuel Macron has won support from the leaders of Austria, the Czech Republic and Slovakia for reform of the EU’s posted workers regime. The French president argues the rules must change to make Europeans feel the EU works for them.
Germany’s Social Democrats Need to Pick Side in Culture War
Nick Ottens via Atlantic Sentinel |It is impossible to appeal to progressive middle-class and nativist working-class voters at the same time. Social democrats across Europe are caught in the middle of a culture war. Ahead of next month’s elections, Germany’s Social Democrats have to pick a side.
ECB July meeting minutes show caution over weak inflation, concern about euro strength
The minutes of the ECB’s July meeting published on Thursday reflected the central bank’s concern about the strength of the euro, but also a degree of caution regarding continued weak inflation data, analysts say.
The whole saga surrounding Obamacare is contributing to the European pharmaceutical firms disappointing performance
Carax Alphavalue |The European pharmaceutical sector hit record highs almost two years ago, since when it has had an overall disappointing performance. So far this year, there has been no sign of its defensive qualities, although it continues to pay attractive dividends.
Question in Germany Is: Who Will Govern with Merkel Next?
Nick Ottens via Atlantic Sentinel |German chancellor Angela Merkel could renew her alliance with the center-left or switch to a pact with either the liberals or Greens.
Spain Promises Not to Hold Brexit Deal Hostage to Gibraltar
Nick Ottens via Atlantic Sentinel | Spain could use Britain’s exit from the EU to bargain for a new settlement for Gibraltar but vows not to.
Greece judicial system: the whole truth and nothing but the truth
Nick Malkoutzis via Macropolis| Next summer, Greece is due to exit its eight-year programme. Athens and its creditors, who have closely shaped and overseen this long adjustment process, will want to argue that a changed country is emerging. The sorry state of the judicial system currently stands as one of the biggest blots in their copybook. The case against the former head of the Hellenic Statistical Authority (ELSTAT), Andreas Georgiou is a case in point.
Germany no longer sole driver of Eurozone growth; Spain, Netherlands rising up the ranks
The latest batch of economic growth numbers corroborate a picture which we started to see last year, namely that the extent of the Eurozone recovery is widening. Germany is no longer the sole growth driver. Countries like Spain are catching up.