The Greek roadshow continues with Prime Minister Alexis Tsipras in Brussels to meet European Commission President Jean-Claude Juncker. After that, he will head to Paris to see French President Francois Hollande.
The prospect of dramatic European Central Bank action – coupled with the deflationary threat posed by a plunge in the price of oil and the pain it inflicts on oil producing countries – is putting the financial system under growing stress.
Since few nations can go it alone militarily, alliances are now crucial for ensuring security. To mount a common defense, allies need weapon systems that can operate together. In military parlance, the ability to work with other systems and share data with them as if they were one system is known as “interoperability.”
Italian Prime Minister Matteo Renzi will spell out to the European Parliament his priorities for Italy’s six-month tenure of the EU presidency.
Emboldened by a strong showing in May’s EU elections, Renzi is pressing for a focus on growth rather than austerity and has even managed to get Germany to talk the talk.