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The front page of today’s FT sported the headline, “Markets plunge on ECB loan fears”, with €442bn worth of European Central Bank emergency one-year loans to the eurozone’s ailing banking sector expiring today.Only a thought, but wouldn’t it have bee…

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Thanks for coming

Those who worried that the Lisbon Treaty and the creation of a permanent EU president would sideline the rotating presidency held by national governments have been proved right. Spanish Daily El Mundo notes that during a speech in the European Parliame…

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While today’s emergency budget in the UK provided many talking points for the media at large – it also provided new information for those with an interest in the UK’s ever-increasing contribution to the European budget *(courtesy of one T.Blair).H…

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Listening to EU leaders’ calls for “economic governance”, or gouvernement économique in French, you’d be forgiven to draw the conclusion that this is a done deal and the only question is when it will be launched.But not everyone is thrilled about this…

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Silent revolution

This afternoon Commission President Barroso, speaking at the European University Institute in Florence, sent a reminder to the UK’s Coalition Government and others why the game over the EU’s economic government is far from over. According to Italia…

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“After a semester of emergency summits, this Thursday the EU aspired to hold the most boring European Council possible: discussing no member States’ bankruptcies, agreeing no multi-billion bailouts, ending talks at 6 pm – not at 6 am of the following d…

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Keeping the dream alive

One of the more interesting aspects of EU politics at the moment is the crumbling Franco-German axis. The frictions between Nicolas Sarkozy and Angela Merkel – which are well documented by now – defined today’s EU summit in many ways .As we outline…

Posted by Open Europe blog team