politics, economy and employment & labour
Amid all the crises and upheavals that have battered the European Union over the past decade, one fixed point has been the stolid, stable government of German Chancellor Angela Merkel. But, following the collapse of talks to form a new coalition, Merkel suddenly seems mortal. While Merkel’s departure may not be imminent, her power is […]
In an ambitious, visionary speech at the Sorbonne, French President Emmanuel Macron presented his plan for countering the tide of xenophobic nationalism in Europe. He wants to build a “sovereign, united, and democratic Europe,” where citizens again feel a sense of allegiance to the idea of Europe itself. Macron’s speech was a welcome call to […]
After last year, when the United Kingdom voted to leave the European Union and the United States elected Donald Trump as president, xenophobic nationalism was beginning to seem irresistible. Yet France has now become the biggest power to buck the trend, electing as its president the socially liberal, pro-immigration, and pro-Europe Emmanuel Macron. Has the […]
British Prime Minister Theresa May is leading the United Kingdom toward a very “hard” Brexit in 2019 – and potentially off a cliff, if the UK leaves the European Union without an exit or trade deal. In her January 17 speech, May outlined her objectives for negotiating with the EU, and made it clear that […]
Political instability in Italy is nothing new. But Italian voters’ rejection of constitutional reforms in a referendum has not only led Prime Minister Matteo Renzi to resign; it has dealt another blow to a crisis-ridden European Union. In the near term, Italy’s ongoing banking crisis could flare up again and threaten European stability; in the […]
So much for the end of history. Twenty-seven years to the day after the fall of the Berlin Wall heralded the collapse of communism in Europe, Donald Trump’s election as US president endangers the liberal international order that his wiser, broader-minded predecessors crafted. Trump’s “America First,” anti-“globalist” agenda threatens protectionist trade wars, a worldwide “clash […]
Conservative Brexiteers – who campaigned for the United Kingdom to vote to leave the European Union – continue to blather about building an open, outward-looking, free-trading Britain. But the UK is in fact turning inward. Prime Minister Theresa May, who styles herself as the UK’s answer to Angela Merkel, is turning out to have more […]
For once, Marine Le Pen, the leader of France’s far-right National Front, may be correct. She has called the United Kingdom’s vote to leave the European Union the biggest political event in Europe since the fall of the Berlin Wall. That may turn out to be true: Brexit has destabilized the UK and could end […]
Those campaigning for Britain to exit the European Union claim that doing so would make their country both freer and richer. They assert that after “Brexit”, the UK could quickly negotiate a bespoke agreement with the EU that offers all the benefits of free trade without the costs of EU membership; strike better trade deals […]
The Islamic State’s attack in Paris in November was the latest crisis to delay Britain’s bid to renegotiate its membership in the European Union, ahead of a planned referendum on whether to maintain the relationship. First Greece, then refugees, and now terrorism have dominated the diplomatic agenda instead. On December 3, Conservative Prime Minister David […]
If a clear signal was needed that the European Union is falling apart at an alarming rate, Hungary’s construction of razor-wire fences along the border with its fellow EU member Croatia is it. The crisis in the eurozone has, of course, fragmented financial flows, caused economies to diverge, eroded political support for EU institutions, and […]
The eurozone has a German problem. Germany’s beggar-thy-neighbor policies and the broader crisis response that the country has led have proved disastrous. Seven years after the start of the crisis, the eurozone economy is faring worse than Europe did during the Great Depression of the 1930s. The German government’s efforts to crush Greece and force […]
