If we are to believe the stock markets, all is well in Europe. But markets are in danger of underestimating looming perils such as populism, a Brexit, German dominance and weakening European power, writes Andy Langenkamp.
Former Greek Finance Minister Yanis Varoufakis denounced the July bailout agreed between prime minister Alexis Tsipras and the eurozone leaders as a “new Versailles Treaty”. Quincy Cloet asks if this is a fair comparison.
The resounding "No" uttered by the Greeks on Sunday offers yet more proof of their rejection of the vicious cycle of austerity. Angela Merkel now finds herself trapped between the will of the Greek people and the inflexibility of her finance minister. La Tribune reports.
The challenges facing Europe today have global implications and require global solutions. From the Greek crisis to migration and climate change, the EU must seek answers beyond its borders, argues the European Think Tanks Group.
Lithuania launched a military exercise on Wednesday (6 May) to simulate an attack on its new gas terminal, a move its strongly anti-Moscow president said was intended to show the Kremlin that the tiny country would defend itself.
Jean-Claude Juncker’s European Commission has declared its intention to put social issues further up its agenda. Yet, the European Union and its member states need to focus on more than economic growth to foster social justice in Europe, argues Natália Mazotte.
Greek Finance Minister Yanis Varoufakis has called on the European Union to reform its institutions and use the EIB to boost investment in Greece. He believes the EU should address the structural inequalities that plague its weakest members. EURACTIV France reports.