09. December 2011
Unlike the Copenhagen conference in 2009, the ongoing UN Climate Summit in Durban, South Africa, is passing without much media or public attention. However, there is quite a lot in the game, particularly as the Kyoto protocol, the only international agreement defining emission reductions and the cornerstone of climate negotiations, expires in 2012. Replacing the mandatory provisions, to which most developed countries committed themselves in Kyoto, seems a game with unclear end results.
05. December 2011
“Pressure pushing down on me“
Pressing down on you no man ask for
Under pressure – that burns a building down”
When Queen and David Bowie released their number 1 hit “Under Pressure” in 1981, they didn’t know how applicable their opening lines would be for the state of the EU thirty years later. There is no doubt that the roof of the European building is already – or better: for months now – on fire. The question rather seems to be if it will burn down completely, or if the European fire brigade will be capable of controlling and forcing it back at the next European Council meeting taking place on Thursday and Friday this week.
28. November 2011
Spanish parliamentary elections were held while Europe watched closely at how the Spanish debt was surpassing the levels where other eurozone governments turned to their neighbours for a bailout. On November 20th, Mariano Rajoy’s conservative Popular Party won by a large margin; a victory that was predicted both within and outside Spain.
28. November 2011
It was suspenseful and unpredictable. Politicians in all European capitals and media from around the world were watching the voting of the parliament in one of the smallest countries of the eurozone. Slovakia was the last of 17 eurozone countries to approve the European Financial Stability Facility. The debate in Slovakia was different; it was not just about the necessity of approving the bail-out fund, but the Slovak Prime Minister Ms Iveta Radicova coupled the vote on the bail-out fund with a vote of confidence in the government. There was a lot in this game.
15. November 2011
The euro crisis has infiltrated every aspect of the political life of Germany’s Chancellor Angela Merkel. Indeed, as Merkel herself noted, even the Pope wanted to talk with her about the economic situation in Europe when the two met on 22 September.