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Although there are still nearly two years remaining of the current seven-year EU budget, the debates on the next one are at their height. At this stage they are focused primarily on principal issues - on building the philosophy of ... more

The European Parliament has asked the European Commission to accelerate work on exploring the possibilities for Eurobonds. The Parliament has adopted a resolution demanding the European Commission to present a roadmap of necessary steps towards a common bond market. In November 2011 the European ... more

Private sector indebtedness, house prices, faster wages growth compared to productivity, and loss of export market shares - these are the risky points for the European macroeconomic stability, according to its first common assessment. For the first time in its history the EU has started a macro-economic ... more

The growing tensions around Greece whether the country will receive the second bailout or not inflamed passions in the European Parliament on Wednesday morning during the regular plenary session of parliament in Strasbourg. Then, according to the schedule, three reports had to be debated related ... more

In 2010 I was happy with the outcome of the parliamentary elections in the Netherlands and most of all with the agreement, concluded for the sake of parliamentary support, with the xenophobic Freedom Party, led by Geert Wilders (PVV), which proved to be the biggest surprise at the elections then ... more

Europe has made a dear sacrifice because of the debt crisis in the eurozone - its foreign policy weight. This is one of the main conclusions which the European Council on Foreign Relations (ECFR) is making with its annual European Foreign Policy Scorecard 2012. Even dearer it looks against the backdrop ... more

In the five years since the introduction of the Co-operation and Verification Mechanism with Bulgaria and Romania (CVM) the two countries have established a tacit competition which of them would receive a better assessment by Brussels. Their problems are common, and hence, they have common targets. Except ... more

The European Parliament and the Council of EU finance ministers have agreed on the new legislation, aimed at regulating trade of over-the-counter (OTC) derivatives. The negotiations between the two institutions began in early October last year. A year earlier, in September 2010 the European Commission ... more

The political crisis is over, but the country is still experiencing a social and economic one, were the first words of the old new Slovenian PM Janez Jansa after on Friday (February 10) the parliament approved the 10th government of the country. Two months after the snap elections in Slovenia, Jansa ... more

When more then a year ago Croatian media announced that the police was looking for former PM Ivo Sanader, after he was allegedly involved in a graft affair, nobody had any idea about the size of the so called ‘Fimi Media’ affair. A few months later the Croatian newspapers reported on their ... more

The interaction between Bulgaria and the European Union related to the country’s problems with the judiciary features remarkable stability. For the last 15 years Sofia’s work in the field was assessed exactly 20 times and the European Commission had not been given even one chance to amend ... more

24 hours during which Greece has understood that it no longer has a way back. This is the briefest way to summarise the last two days, during which the drama of reaching an agreement between the parties in the Greek coalition government to implement the conditions for reforms and fiscal stability, put ... more

Bulgaria has one last chance to prove that it has made progress in fighting corruption and organised crime, as well as in reforming its judicial system. This is the tone of the interim report of the European Commission on Bulgaria's progress under the Cooperation and Verification Mechanism (CVM), published ... more