EU leaders could be getting close to agreeing upon a fiscal package that may rescue the troubled eurozone from the economic effects of the coronavirus. French President Emmanuel Macron and German Chancellor Angela Merkel are proposing a €500 billion European...
The coronavirus has shifted European leaders’ attention away from the ongoing Brexit process, but the UK’s withdrawal from the EU continues thanks to negotiations currently taking place to draft a final trade deal. However, both the UK and the EU...
As EU leaders struggle to agree upon a recovery package designed to alleviate the economic effects of Covid-19, Germany has thrown its weight behind funding the bloc’s measures, whatever they may be. German Chancellor Angela Merkel told a meeting of...
As EU leaders strive toward ending the economic crisis sparked by the coronavirus pandemic, the German Constitutional Court has created an obstacle for the European Central Bank (ECB) which is buying the bonds of indebted southern European countries at an...
The EU’s economic woes are set to continue, with Euronews confirming that both Italy and France entered a recession in the first three months of this year while Spain’s GDP fell sharply. The Worst GDP Numbers in a Decade France...
EU leaders managed to agree upon a plan to inject billions of euros of emergency aid into Europe’s damaged economies during a virtual meeting on Thursday afternoon. The recovery fund will be closely tied to the bloc’s seven-year budget. They...
The Financial Times said that under Christine Lagarde’s leadership, the European Central Bank (ECB) is the only EU institution that can ‘save the eurozone’ in the midst of the economic impact that the coronavirus is having on Europe’s economy. This...
EU leaders are bracing themselves for another tough week as the coronavirus continues to take its toll on Europe’s health and economy. On Monday, Italy’s borrowing costs rose again as investors anxiously await a crucial EU meeting on Thursday where...
The coronavirus has exposed the deep divisions within the EU as they struggled to agree upon appropriate fiscal measures designed to save the bloc from the economic impact of this pandemic. On Thursday, EU finance ministers finally managed to agree...
It is difficult to predict what long-term impact the coronavirus will have on global politics, but it is unlikely that this pandemic is going to stem the rise of populism. Ivan Krastev of the New Statesman wrote that it would...
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