European integration

Nine EU leaders call for joint debt issuance for coronavirus spending

Leaders of nine EU countries including France, Italy and Spain called on the bloc to agree on a "common debt instrument" to raise funds to support the health industry in combating the coronavirus, as well as the broader economies, according to a letter seen by Reuters.

Budget target is all but waived

The target for a primary budget surplus of 3.5 percent of gross domestic product does not apply anymore, Finance Minister Christos Staikouras assured after Monday's Eurogroup teleconference, as the eurozone finance ministers aimed at maximum flexibility to tackle the impact of the coronavirus epidemic.

ForMin Aurescu highlights need to ensure proper medical response to COVID-19 spreading in EU

Foreign Affairs Minister Bogdan Aurescu highlighted, at a meeting with ambassadors of EU member states in Bucharest, the need for the immediate actions to focus on ensuring a proper medical response to the COVID-19 spreading all over the EU.

ForMin Aurescu welcomes US announcement on allocation of 1 bln US dollars for Three Seas Initiative

Foreign Affairs Minister Bogdan Aurescu attended on Saturday, on the sidelines of the Munich Security Conference, the round table on the Three Seas Initiative, on which occasion he welcomed Secretary of State Mike Pompeo's announcement on the allocation by the United States of one billion US dollars for investments in energy projects under the Three Seas Initiative, informs a press release of t

The winner’s curse

A key irony of our times is this: The United States and Britain have been accused in previous decades of constructing an international order to suit their interests. The postwar Western and global system was governed by the international institutions and organizations they created (from Bretton Woods to NATO).

Macron's secret plan revealed

"The French President has spent the past two years setting up his chess pieces. Now, with the new European Commission in office, he wants to get down to the work itself — breaking the political deadlock he says is holding back Europe on the global stage", says Beaune, stating that Macron made a conceptual framework, as Politico reveals.