The European Union (EU) must bring an end to national sovereignty over finance with the creation of a “eurozone budget” in order to kill off populist politics within the euro region, according to the Commission.
FRANKFURT, July 29 (Reuters) – The European Central Bank said on Wednesday that the euro zone’s founding members had diverged economically, a “disappointing” outcome that goes against the premise that a common currency would let laggards slowly catch up. Central
Mayor of London Boris Johnson has described the German proposals for a deal with Greece as “tyrannical”, and has advised the Greek people to “rediscover the spirit of Marathon” and exit the euro. Eurozone leaders argued long into the night
Greece is facing a June ‘cash crunch’ in the latest development in its ongoing fiscal crisis. The country will be unable to find the €1.6bn (£1.1bn) sum it is due to hand the International Monetary Fund (IMF) next month, one
In a veiled threat to the EU and its financial institutions, Greece has warned that any foreign meddling in its domestic affairs makes the likelihood of ISIS infiltration into Europe more likely. Speaking to the Times, defence minister Panos Kammenos warned
National Front leader Marine Le Pen has pledged to offer the country a vote on continued membership of the European Union if she is elected President in 2017. The MEP, who is currently leading at 33 per cent of the
France has objected to plans by the Council of Europe to issue a Euro coin to commemorate the Battle of Waterloo. The battle was the final defeat of Napoleon and took place two hundred years ago in Belgium. This prompted
Greece will leave the Euro and the rest of the EU has to work out how to minimise the impact on financial markets, says Ken Clarke. The pro-European former Chancellor of the Exchequer made the claim on the BBC Sunday
(Reuters) With concerns over the Euro Zone economy shifting from peripheral to core member states in 2014, can the ECB rescue prospects for a better 2015 with a hotly-awaited programme of QE? David Pollard reports. Follow Breitbart London on Twitter
