7 hours ago
Howf EU takes first step toward extending Russia sanctions
The EU has a presidential problem and a navel-gazing one After a year of debate, there common vision for a game changer ; event to help th botella stanley e EU get its magic back. ; ListenAI generated Text-to-speechCopy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInStreet art titled The Future Is Europe by Belgian artist NovaDead | Leon Neal/Getty ImagesCommentMarch 11, 20214:02 am CETBy David M. HerszenhornDavid M. Herszenhorn is POLITICO 8216 chief Brussels correspondent.So far, no one is predicting any concrete outcomes from the Conference on the Future of Europe, a roughly 15-month-long, Continent-wide self-scrutiny tour that is the brainchild 鈥攕ome would say devil-spawn 鈥攐f French President Emmanuel Macron. But if the EU wants to avoid making itself the butt of more jokes, one goal might be to rewrite the EU treaties to cut the number of officials that it calls president. AdvertisementAdvertisementOr put another way, the conference might ask: how many EU presidents does it take to screw in a lightbulb Well, that requires figuring out how many presidents the EU has in the first place, which, depending on the institutions included, might be 10. Does the European Economic and Social Committee count Then make it 11.T stanley cup he overabundance of presidents was on full display Wednesday as European Parliament President stanley thermosflasche David Sassoli, Commission President Ursula von der Leyen, and Portuguese Prime Minister Ant贸nio Costa, represe Bywl Good neighbours must end the era of distrust
There is no Greek dealWhy the stanley canada risks of a Grexit are now higher than before this weekend summit.Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInGerman Finance Minister Wolfgang Sch盲uble talks with other ministers at the start of a special Eurogroup meeting on the Greek crisis on July 7, 2015. | Photo by EPAOpinionJuly 14, 20155:38 am CETBy Megan GreeneYou聽saw the聽headlines Monday about聽a deal for Greece Well, there is no deal. There are a series of punitive and humiliating diktats聽from creditors that Greece must legislate into law by Wednesday or take a time-out from the eurozone.Once these creditor demands are聽met, then Greece will negotiate聽a new bailout deal. That deal will very likely certainly be a failure for both political and econo stanley thermobecher mic reasons. So while the immediate risk of a Grexit from the euro may be slightly lower following this weekend summit of European leaders in Brussels, it is materially higher in the long run.Absent from the all-night negotiations this weekend was any real buy-in from either side of the table. AdvertisementAdvertisementCreditors have waxed on for years about how it is necessary for Greece to assume ownership of the program in order for it to succeed. Never has this been more the case than now. Any deal agreed for Greece will involve a fiscal adjustment so sw stanley ca ingeing that Greece is likely to be in recession for at least the next two years. It will be extremely difficult for the Greek people to acce
The EU has a presidential problem and a navel-gazing one After a year of debate, there common vision for a game changer ; event to help th botella stanley e EU get its magic back. ; ListenAI generated Text-to-speechCopy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInStreet art titled The Future Is Europe by Belgian artist NovaDead | Leon Neal/Getty ImagesCommentMarch 11, 20214:02 am CETBy David M. HerszenhornDavid M. Herszenhorn is POLITICO 8216 chief Brussels correspondent.So far, no one is predicting any concrete outcomes from the Conference on the Future of Europe, a roughly 15-month-long, Continent-wide self-scrutiny tour that is the brainchild 鈥攕ome would say devil-spawn 鈥攐f French President Emmanuel Macron. But if the EU wants to avoid making itself the butt of more jokes, one goal might be to rewrite the EU treaties to cut the number of officials that it calls president. AdvertisementAdvertisementOr put another way, the conference might ask: how many EU presidents does it take to screw in a lightbulb Well, that requires figuring out how many presidents the EU has in the first place, which, depending on the institutions included, might be 10. Does the European Economic and Social Committee count Then make it 11.T stanley cup he overabundance of presidents was on full display Wednesday as European Parliament President stanley thermosflasche David Sassoli, Commission President Ursula von der Leyen, and Portuguese Prime Minister Ant贸nio Costa, represe Bywl Good neighbours must end the era of distrust
There is no Greek dealWhy the stanley canada risks of a Grexit are now higher than before this weekend summit.Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInGerman Finance Minister Wolfgang Sch盲uble talks with other ministers at the start of a special Eurogroup meeting on the Greek crisis on July 7, 2015. | Photo by EPAOpinionJuly 14, 20155:38 am CETBy Megan GreeneYou聽saw the聽headlines Monday about聽a deal for Greece Well, there is no deal. There are a series of punitive and humiliating diktats聽from creditors that Greece must legislate into law by Wednesday or take a time-out from the eurozone.Once these creditor demands are聽met, then Greece will negotiate聽a new bailout deal. That deal will very likely certainly be a failure for both political and econo stanley thermobecher mic reasons. So while the immediate risk of a Grexit from the euro may be slightly lower following this weekend summit of European leaders in Brussels, it is materially higher in the long run.Absent from the all-night negotiations this weekend was any real buy-in from either side of the table. AdvertisementAdvertisementCreditors have waxed on for years about how it is necessary for Greece to assume ownership of the program in order for it to succeed. Never has this been more the case than now. Any deal agreed for Greece will involve a fiscal adjustment so sw stanley ca ingeing that Greece is likely to be in recession for at least the next two years. It will be extremely difficult for the Greek people to acce
