The electoral cycle starting with the Dutch elections this week will be key in defining the future economic policy of the Eurozone. Although Brexit and Trump caught most of the media’s attention over the past year, the problems inherent to the current Eurozone’s system of governance are returning to the spotlight as the White Paper on the Future of the EU has been open for debate. Continue Reading
The proponents and opponents of strengthening the Eurozone measured their forces during a series of votes that took place this week in the European Parliament on documents that set out the future of the European Union. This report maps the positions of the political forces across the continent, showing who backs and who opposes a two-speed Europe and the pooling together of financial resources. Continue Reading
Yesterday, the Cypriot citizens living in the southern part of the island cast their vote to elect the House of Representatives, the legislative institution of Cypriot political system. The two larger parties, the centre right wing Democratic Rally (DISY-EPP) and the far left wing Progressive Party of Working People (AKEL-GUE-NGL) saw their share of votes declining, whereas smaller anti-establishment parties gained more votes (and seats). Continue Reading
by Doru P. Frantescu, director & co-founder of VoteWatch Europe (@dorufrantescu)
EU’s economy is still not doing great and new measures need to be taken to unleash its enormous potential, this is what the Members of the European Parliament agree on. They also agree that the EU should take a more active role to coordinate the economic policies of the 28 EU Member States. Continue Reading
The resolution on the 2016 EU draft budget restoring all the cuts proposed by the Council (Member States’ governments) was adopted by 434 votes in favour, 185 against and 80 abstentions.
The three main pro-EU groups were able to push it through. Indeed, the Christian-Democrat group EPP, the Socialist group S&D and the Liberal group ALDE voted in favour of the motion. On the contrary, the Conservative group ECR, the far-right group of Marine Le Pen and the Eurosceptic group of Nigel Farage all opposed the text. Notably (but not unusually), the British delegation of the Socialist group (Labour Party) voted against the line of the group and therefore against a bigger EU budget. Continue Reading
This week, Greece has reached a deal with its Eurozone partners to extend its current bailout programme by 4 months. The extension buys time for the new government in Greece to assess its options. Greece is required to submit a reform proposal to the Eurogroup, listing all the policy measures it plans to take during the remainder of the bailout period.
What do Members of the European Parliament say and why is this important?
Regardless of the Eurogroup’s ability to reach a compromise, political groups in the European Parliament have taken their own positions on the situation in Greece and in general about how the economic crises should be dealt with. Continue Reading