- June 11, 2012
European leaders have long insisted they will do everything to save the euro. Now, a plan is forming that would dramatically change the architecture of the European Union. Brussels would be granted a significant say in national budgets and debt would be communalized. But the hurdles such a plan might face are high. more...
- June 05, 2012
Chancellor Merkel and European Commission President Barroso on Monday met to talk about creating a banking union to increase oversight over systemically important European banks. The move could mark a step toward providing direct aid from Brussels to ailing EU financial institutions. more...
- November 21, 2011
Chancellor Angela Merkel hates the idea of euro bonds. But with the European Commission set to present a feasibility study on Wednesday, pressure is mounting for her to change her tune. If she doesn't, say some, the debt contagion will simply continue to spread. more...
- September 30, 2011
European Commission President Jose Manuel Barroso has said in an interview that the EU's institutions need to be strengthened to stabilize the euro zone, arguing that national governments can't be trusted to take determined action. Meanwhile, former German Finance Minister Peer Steinbrück says it's time to openly admit that Greece is practically bankrupt. more... [ Comment ]
- January 17, 2011
German Chancellor Angela Merkel is angry at European Commission President Jose Manuel Barroso for trying to take over the management of the euro crisis by proposing an increase in the EU's rescue fund. The proposal by Barroso, who owes his job to Merkel's backing, reflects his desire to break free from her. more...
- September 08, 2010
European Commission President Jose Manuel Barroso came out with plenty of fine words during his "state of the union" speech on Tuesday. But his blandness is unlikely to increase support for the EU among Europeans, say observers. German commentators are unimpressed. more...
- May 25, 2010
The EU remains divided over how to respond to the euro-zone debt crisis, with Commission President Jose Manuel Barroso calling Chancellor Angela Merkel's plans for EU reform "naive." Meanwhile concerns about the European banking sector continue to batter the euro. more...
- March 22, 2010
German Chancellor Angela Merkel has been consistent in her refusal to consider a European Union bailout for Greece. But Brussels continues to insist that a plan is in the works. On Monday, Barroso urged Berlin to make a "constructive contribution" to solving the crisis. more...
- January 14, 2010
The European Union's 27 new commissioners are currently being vetted by the European Parliament. But what was set to be a marathon of political waffling has taken an interesting turn as parliament flexes its muscles. Accused of lying, the candidate from Bulgaria has generated the most headlines. more...
- November 20, 2009
Europe's leaders are relieved that the wrangling over the EU's new positions of president and foreign minister is finally over. But they have no reason to be proud. Once again, the EU has missed an opportunity to boost its standing on the global stage. more...