EU

Last month, European Commission President Ursula von der Leyen presented her plans for 2026 to the European Parliament. She promised the continent would become the “master of its own destiny”, build its own armies, control key technologies and lead the green transformation without depending on the US or China.

When NATO was founded in 1949, Europe and America worked as genuine partners. Sure, the Europeans needed American security guarantees more than Washington needed another military commitment.

It was an ambitious plan to make the European Union the world’s most competitive and dynamic knowledge-based economy within a decade. It aimed to boost innovation, productivity and economic growth across the bloc.

The European Central Bank’s decision to cut interest rates for the first time since 2019 reflects a pivotal shift in Eurozone’s monetary policy, attempting to balance economic and political risks amidst lingering inflationary concerns and divergent national interests.

As the European Parliament elections loom next month, a political earthquake is reshaping the landscape of the continent’s far-right. In a stunning move, Marine Le Pen’s Rassemblement National (RN) party has abruptly severed ties with its long-time German ally, the Alternative für Deutschland (AfD).

The European Parliament elections in June 2024 will be more than an ordinary political contest. They will be a battle for the soul of Europe in a time of war, economic upheaval and democratic turbulence.The election outcome will shape the EU institutions and agenda for the next five years.

To make the Eurozone more stable, it would be desirable to have stricter and enforceable rules. But because it is so unstable, no such rules can ever be introduced.

European monetary policy has previously smashed the fragile plates of the Greek economy to the floor; 12 years on, they’ve finally pieced it all back together