At the Euro Summit today, Friday 29 June, Leaders of Eurozone countries will discuss the proposed programme of limited reforms agreed by Germany and France at a recent bilateral meeting. It is important for countries such as Ireland to understand changes in the approach of both countries to EMU reform since the crisis.
On Wednesday, 13 September 2017, EU Commission President Jean-Claude Juncker delivered the annual State of the Union address to the European Parliament in Strasbourg. The speech, and the subsequent debate by the European Parliament, are intended to give MEPs the opportunity to review, critique and shape the policy programme of the European Commission for the coming year. The State of the Union has been held annually in September since 2010, when it was instituted by the Lisbon Treaty.
The global economic and financial crisis exposed shortcomings in the economic governance and budgetary surveillance in the European Union (EU). When Economic and Monetary Union (EMU) was adopted in the EU, Monetary Union was achieved by the establishment of the euro as the single currency and the creation of the independent European Central Bank (ECB) to set a single monetary policy. However, Economic Union was left in a much less developed and formalised position. Economic and budgetary policies were left in the hands of the individual Member States, with a relat
In the wake of Brexit and the election of Donald Trump as US President last year, it is clear that Western politics has experienced something of a paradigm shift. However, with the recent victory of Emmanuel Macron in the French Presidential elections, and that of Dutch Premier Mark Rutte in the Dutch general elections on 15 March 2017, it would appear that this shift toward populism has been checked, at least for now.