Opinion: Britain and Germany – should we expect a Brexit war?
As Europe gears up for Brexit negotiations, the lines in the sand are already being drawn. Germany is bent on making Britain pay a heavy price for leaving the European Union, while the United Kingdom is hoping for a soft divorce. While the German position looks strong on paper, too much hostility could backfire. Tensions between Berlin and London are likely to be short-lived. A compromise will probably be reached after the German elections this year.
Opinion: Why Germany ‘Kant’ be the UK’s perfect Brexit ally
The United Kingdom’s chances for an amicable divorce from the European Union depend above all on reaching an understanding with Germany. But in the Brexit negotiations, German interests will clash with German scruples. The latter may very well prevail.
Opinion: The day Europe goes bankrupt
You may not be able to see it, but Europe’s biggest economies have piled up enormous amounts of pension debt. The European Central Bank’s policy of target credits and quantitative easing has only made things worse. With politicians seemingly determined not to notice, a systemic implosion may be inevitable.
The future of euroskepticism
While Europe’s populist parties identify the euro as the root of most evils, exiting the common currency won’t solve their country’s economic woes – in fact, the solutions they propose will probably make them worse. Voters have recognized this. But anti-immigration sentiment remains a powerful weapon in their arsenal, and Brussels seems unwilling to take the necessary measures to address it.
Opinion: EU-60 summit evades disaster and reform
The European Union avoided embarrassment at its 60th anniversary reunion thanks to British Prime Minister Theresa May, who tactfully stayed away before signing her divorce papers. But with the bloc facing tough choices about its future course, its leaders merely raised their champagne glasses. The EU fiddled at the Rome summit while its citizens did a slow burn.
GIS Dossier: The strangely resilient euro
The euro has been remarkably stable during its 15-year existence as a major currency. That has not always been a good thing for the European economy. But the real concerns for the single currency hinge on politics and survival.
Roads out of Rome
European Commission President Jean-Claude Juncker came up with an uninspiring set of scenarios in his latest White Paper. But the debate it kicks off, to be continued at the Rome Summit on March 25, could present a real chance to reorganize the European Union and make it more competitive.
The United Kingdom’s new positioning
British Prime Minister Theresa May is the first head of government to visit President Donald Trump after he assumed office. Her visit is significant in many aspects, especially in the context of Brexit and new policy orientations in the United States.
Will the European Union survive until 2025? Three scenarios
The crisis-stricken European Union may disintegrate in a decade, or reinvent and invigorate itself. The most plausible scenario, however, is a pragmatic downsizing: Brussels will abandon its overreaching ambition of ever-closer union and focus on programs that actually benefit EU residents.
The MPS bailout and the future of EU banking
Italian authorities failed to save the historic bank using the European Union’s bail-in rules, so they applied to bail it out. The EU allowed the move, even though it was clear there was no real systemic risk. The turnaround stems from protectionist and anti-competitive attitudes. These will prevail in the near future, to the detriment of taxpayers.