Latest news from EUobserver. Making sense of the EU.
Updated: 6 hours 2 min ago
The Bank of England governor Mark Carney has criticised the eurozone's "tight" fiscal policy and warned of its consequences. "Cross border risk sharing through the financial system has slid backwards. Europe’s leaders do not currently foresee fiscal union as part of monetary union. Such timidity has costs,” he said.
Greece's abjuration of an EU statement on Russia was not about "whether our new government agrees or not with fresh sanctions on Russia", but about "respect for our national sovereignty", Greece's finance minister Varoufakis wrote Thursday on his blog. He added he's "not qualified to speak on foreign affairs".
The current push for using land to grow crops that can generate bioenergy is making it harder to "sustainably feed the planet", a report from the World Resources Institute concludes. "Governments should phase out bioenergy which uses crops or which otherwise makes dedicated use of land".
EU countries should block jihadi propaganda online and hire PR experts to produce counter-propaganda, the EU's counter-terrorism co-ordinator, Gilles de Kerchove, said in a Dutch newspaper interview Thursday. On Wednesday, the European Commission called on the EU's parliament to swiftly adopt a passenger data sharing plan.
German anti-Islam group Pegida cancelled Monday's (2 February) weekly protest in Dresden for "organisational and legal reasons". On Wednesday, five of the group's leading members left. Spokesperson Kathrin Oertel left “due to the massive hostility, threats and career disadvantages”. Pegida's leader Lutz Bachmann quit after controversy over a Hitler photo.
European Parliament president Martin Schulz is due in Athens on Thursday to meet newly elected PM Alexis Tsipras. He will be the first high-ranking EU politician to visit Greece since its ground-changing elections on Sunday. They are expected to discuss the new government's negotiations with its international creditors.
Government sources have told the Kathimerini daily that the new Greek government may veto further EU sanctions on Russia. The report comes after Athens declined to join an EU leaders' statement blaming Russia for a recent rocket attack on Ukrainian civilians which killed 30 people.
Reza Moghadam, a former IMF director of the Europe department involved in negotiations on Greece's two successive bailouts, has written an op-ed in the Financial Times making the case for halving Greece's debt. Moghadam argues that the fiscal targets for Greece are too harsh and "threaten social cohesion".