Looking for Greek hints from ECB

By Mike Peacock
April 15, 2015

European Central Bank President Draghi and Vice President Constancio leave after addressing an ECB news conferenc in FrankfurtIt’s European Central Bank day and with quantitative easing now well underway any morsels it hands out on its approach to Greece are likely to capture the headlines.

Bibi rides again

By Mike Peacock
March 18, 2015

Israeli Prime Minister Benjamin Netanyahu waves to supporters at the party headquarters in Tel Aviv

Not for the first time, Benjamin Netanyahu has defied the odds and snatched electoral victory from the jaws of defeat.
Israeli opposition leader Isaac Herzog has just conceded although he has not given up hope of forming a coalition government if Netanyahu fails to.

EU talks investment, Germany balances budget

By Mike Peacock
January 13, 2015


The European Commission will unveil legislative proposals for its 315 billion euro investment plan and the findings of a public consultation on the investment elements of a planned EU-U.S. free trade deal which could significantly boost growth.

Governments teetering

By Mike Peacock
December 3, 2014

Sweden's PM Lofven speaks at a news conference in Stockholm

Sweden’s centre-left administration is on the brink just two months into office after a far-right party announced it would side with the centre-right opposition to vote against the 2015 budget. The anti-immigration Sweden Democrats, who are shunned by all other parties in the Riksdag, holds the balance of power.

To spend or save?

By Mike Peacock
December 2, 2014

French Economy Minister Macron and Germany's Economy Minister Gabriel arrive to attend a news conference to present the Franco-German report on economic reforms and investment in Paris

Germany’s finance and economy ministers and central bank chiefs meet in Berlin with plenty to discuss.

Italy’s budget progresses as Brussels watches

By Mike Peacock
December 1, 2014


Italy’s lower house approved Prime Minister Matteo Renzi’s tax-cutting 2015 budget on Sunday. It will now move on to the Senate, where it must be passed by the end of the year. The budget is at the centre of a tussle with the European Commission, which says it does not do enough to reduce the country’s huge public debt.

EU investment plan; game changer or empty vessel?

By Mike Peacock
November 26, 2014

European Central Bank President Draghi and Eurogroup President -Juncker talk during a news conference in Nicosia, Cyprus

New European Commission President Jean-Claude Juncker will unveil his investment plan for the bloc to the European Parliament today which aims to generate 315 billion euros of investment and lift growth onto a higher plane. The details were put out last night and there’s no new money in it. Instead, 21 billion euros of funding is expected to leverage private investment of a whopping 15 times that amount.

Iran talks stumble on

By Mike Peacock
November 24, 2014

U.S. Secretary of State Kerry and Iranian FM Zarif before their meeting in Vienna

Officials say it will not be possible to reach a comprehensive deal between Iran and six world powers aimed at resolving the stand-off over Tehran’s nuclear ambitions by today’s deadline.

UK politics thrown up in the air

By Mike Peacock
November 21, 2014

Nigel Farage, leader of UKIP, cheers as it is announced that UKIP candidate Mark Reckless won the by-election at Medway Park in Gillingham

As predicted, Britain’s surging anti-EU party UKIP snatched a second parliamentary seat from the ruling Conservatives overnight.

EU uneasy about Hungary’s closeness to Russia

By Mike Peacock
November 19, 2014

Hungary's PM Orban arrives at an EU leaders summit in Brussels

After Germany’s foreign minister saw “no reason for optimism” after talks in Moscow on Tuesday, today Hungary’s Peter Szijjarto meets Russian Foreign Minister Sergei Lavrov. Violence is on the rise again in eastern Ukraine and tougher sanctions against Russia remain a live possibility although EU foreign ministers limited themselves to targeting a few more Ukrainian separatists earlier this week.