A NATO summit is to be held in July and the Europeans are fearing another reprimand from the US for not spending enough on defence and, more than that, another outburst on the state of the transatlantic relations. The dog that barks does not bite ? Because The U.S. has more than doubled its budget…… Continue reading Transatlantic Alliance : which NATO ?
The German Government coalition is attacked from the right and extreme right on migration : the Bavarian CSU is threatened by the AfD in regional elections in the fall and toughens its position in advance at the Federal level. From my viewpoint, the migration has the potential to tear down not only government coalitions but…… Continue reading Migration tests the German Coalition
Migration begins to influence the hard way the politics in Western Europe and risks tearing the EU apart. Horst Seehofer, from the Bavarian CSU and actually German Interior Minister, is actually closer to the hardliners from Austria and Italy, in full display of the German government’s fragility. During this time, a spat erupted between France and Italy,…… Continue reading Migration as a game-changer for Europe
The Europeans hoped to use the European Investment Bank in order to finance the trade and investments with Iran, by circumventing the US financial system, but it is impossible as long as the Bank wants to be active in the US. Some are dreaming about a new financial architecture, in order to evade the US…… Continue reading The Iran deal : asking for US exemptions
A very sad ending to the biggest European industrial dream, the Airbus 380 : slicing and selling as parts and components the first two airplanes …
It is exceptionally rare to have two new European prime ministers in the same day : the “populist” Giuseppe Conte in Italy and the socialist Pedro Sanchez in Spain. Well, Pedro Sanchez is not yet technically there, as he was not yet sworn in, but it is as if. The world expects nothing good from the Italian…… Continue reading New PM in Italy and Spain, but no sunshine
Italy has an odd new government coalition, but it is unclear how much do have in common the Five-Star and the Lega Nord, or how long their marriage will last : some say it is only about migrants, while others about unhindered spending. Anyway, it was a democratic choice by the Italians, even if it…… Continue reading The Italian Blow