The recent cover of The Economist reads “Europe’s new order,” and shows a youthful French president in the glaring spotlight—and a German Chancellor Angela Merkel behind him in the dark shadow. Inside, the article titles tell the story: “A dynamic Emmanuel Macron and a diminished Angela Merkel promise a new balance in Europe,” “President Emmanuel Macron’s reform plans represent … [Read more...] about Maron’s Visions Confront Merkel’s Reality
European Commission
European Parliament is wrong blocking Single Resolution Mechanism/ Single Resolution Fund`s inter-governmental part
Our readers will find several earlier postings on this website explaining that Berlin was dead set against using Art 114 TFEU as legal basis for a Single Resolution Mechanism (SRM) connected to the needed backstop of a Single Resolution Fund (SRF). Therefore, German finance minister Wolfgang Schaeuble and German chancellor, Angela Merkel, only accepted a compromise on the … [Read more...] about European Parliament is wrong blocking Single Resolution Mechanism/ Single Resolution Fund`s inter-governmental part