European Union


Banking union

Don’t hurry; the banking union won’t start tomorrow

MADRID | By JP Marin Arrese | Angela Merkel is now more powerful as chancellor than before, and the Euro-sceptics have lost their influence over the future of Germany’s and Europe’s issues. However, despite all the good intentions, it is more than likely that Banking Union and the European integration will be relegated to a mere supervisory exercise.




European Union

In search of a legitimate European Union

LONDON | By Charles Grant, director of the Centre for European Reform | For more than 60 years, the EU has been built and managed by technocrats, hidden from the public gaze – or so it has seemed. In fact national governments have taken most of the key decisions, but public scrutiny has been insufficient.


The austerity breakdown

MADRID | By Luis Arroyo | It is a grave mistake to stubbornly defend the application of the same strict rules whether the economy is growing or in recession, and social unrest and missed fiscal targets are testament to how wrong the current European policies are.


No Picture

May Day’s long read: Sex, Demography, and the Future of the European Union

The Fair Observer | It is easy to say that Europeans should have more sex. Demography is destiny, after all, or so it has seemed for millennia, and what could be better than sleeping your way to world power? Despite the financial crisis, a diminishing birth rates and seemingly unsustainable welfare states, Glenn Carle believes German leadership might offer a solution for structural reform in Europe.


No Picture

Investors appetite for Spanish economy: will it last?

MADRID | By David Fernández | Foreign investors are showing a sudden interest in assets made in Spain due to, among others, central bank’s last data, Europe’s decision to delay the deficit commitment by two years and international factors such as second-round monetary helicopter launched by the Bank of Japan. Will this trend vanish?


No Picture

France’s German Mirror

Project Syndicate | By In the mirror of Germany, the French must ask themselves fundamental questions. Have they made the right choices in terms of leaders and policies in recent decades?


EU

The downward trend continues in the EU

Economic weakness will remain in the second half of the year, CaixaBank analysts say. Consumer confidence fell again in the third quarter of the year. The IMF also lowered its growth forecasts.