Catherine Ashton has signalled her intention of giving the European Union’s relationship with the United States more prominence in her new role as the EU’s high representative for foreign affairs.
Global News Journal
Euro zone finance ministers have failed to pick the next vice president of the European Central Bank, partly because they are not sure how to do it under the European Union’s new Lisbon treaty. The treaty, which came into force in December, gives the euro area finance ministers — the Eurogroup — legal status and is supposed to simplify decision-making in the 27-nation bloc. But the 16 euro zone ministers decided to ask lawyers how to choose a successor to ECB Vice-President Lucas Papademos, delaying the decision until February, one diplomat said. Vitor Constancio and Yves Mersch, central bank chiefs of Portugal and Luxembourg respectively, are running, as is Peter Praet of Belgium’s central bank.
The fact that European Union leaders have not yet reached a consensus on who should become president of the 27-nation bloc, with time running out before a summit on who should be given the post, has compounded my belief that they should scrap the idea all together.
Germans have voted for change. A centre-right government with a clear parliamentary majority will replace the ungainly grand coalition of conservatives and Social Democrats that ran Europe's biggest economy for the last four years.
By Tamora Vidaillet and Darren Ennis
Reporters at a long-awaited summit between the European Union and China in Prague Castle learnt more about the art of stage managing set-piece events than about the state of the EU-China relationship.