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European banking union is the most important regulatory project in the European Union (EU). It is based on three pillars: common banking surveillance, rules for the execution of banks, and a legal framework for national deposit insurance systems....
Rebuilding the Union on a Radically Parliamentarian Basis The functioning of the Union shall be founded on representative democracy. Treaty of Lisbon, article 10 Crisis, a moment for improvement The debate on the European Union has been increasingly...
It was a week of central banks’ announcements. But frankly speaking, nothing new has happened. The ECB let the rates unchanged, as did the Bank of England. Mario Draghi admitted that euro area growth is still under question, and that we...
The Eurocrisis became boring in 2013, didn’t it? Do you remember 2012? In the spring, Greece bankrupted, subsequently it had parliament elections twice and the whole Europe was afraid of a possible victory of SYRIZA communists or Golden Dawn...
Some earn, some lose. Irish numbers are bad, but Cypriot ones are even worse. Catalonian secession. E-cigarettes. They do not smell, they do not create any mess, like ashes and butts; in comparison with normal cigarettes, they have a minimal...
A fine in France. Celebrations in Greece. Coal in the EU stocking. Europe has successfully got over another year. The EU, the euro, the ECB, and the banking system have got over it as well. However, the same thing has happened also to the recession,...
Lord Palmerston once famously stated: “England has no eternal friends, England has no perpetual enemies, England has only eternal and perpetual interests”. Recently, the first part of this sentence is closer to the truth than ever. British...
Entrepreneurs and corporate leaders of small and large businesses from Sweden, Germany and Great Britain have spoken. Their message to the member states and EU officials is clear: we either reform or we are condemned to an economic downfall. Among...
There can hardly be a single week without at least one funny Eurocratic idea. We informed you some time ago about the idea to install speed limiters to all cars. Those limiters would slow down cars according to passing traffic signs (politicians’...
When one follows the struggles of European leaders with Putin in the dispute about Ukraine, it begs the question whether cynical dictators will always beat democratic leaders? Putin needs Ukraine in the Eurasian Economic Community created in...
