It has long been permitted to talk of political union on the continent, just as surely as it has been regularly denied in the UK. On 22nd June the “five Presidents” of the Euro area (EU Commission President, Eurogroup President, the President of the Euro Summit, the President of the ECB and the President of the European Parliament) set out their vision of how to deepen economic and monetary union.Their wishes include a common Euro area Treasury with binding commitments to converge the economies of the zone, controlling and disciplining fiscal policies for each nation and completing a financial union.
By Steve Parkhurst, Senior Editor, USDR.
Looking at the news and opinion out of London each day.
Of course the last Labour government did not cause the global financial crisis. But we did make errors, and until we admit that, the electorate will not listen to us
Russian President has trapped himself in a self-destructive spiral of nationalist rhetoric, economic self-harm and military aggression.
The degree to which crude political calculations have determined previous responses to terrorism is depressing
A faultline separates Theresa May’s instincts from those of the libertarian right. The prime minister must tread carefully
Seven out of 10 of us don’t like our homes as they are. I’m not surprised
There is a common link between horror in Tunisia, murder in France and failure in Greece – a continent-wide crisis of politics, economics and culture.
Farron’s latest claim that he lacks ambition hints at a sinfully laissez faire relationship with the Commandment
Nigel Farage and his senior adviser were caught up by the glamour of the Tea Party – to the fury of some in their own party
Even if they do cobble together a deal, it won’t be meaningful reform and it won’t be lasting. Which leaves Out as the only option.
Where’s the timetable for the Conservative London Mayoral candidate selection? Here’s the one we need
The contest should run “long” rather than “short”. And our preference is for a ballot of members – which all candidates’ names should be on.
The PM’s negotiating team have been reduced to asking for a few white rabbits
This summit has underlined just how long things take in Brussels, with squabbling member states confronting daunting problems
With housing benefits cuts on the way, a rise in evictions is inevitable
The Prime Minister has been underestimated, but the ‘Labour giants of yesteryear’ thesis has been overdone
“Inequality has gotten much worse in the United Kingdom,” declared the Nobel laureate Joe Stiglitz when he was on Andrew Marr’s Start the Week last month (clip below). It’s one of those things that ‘everyone knows’ which is (to put it politely) not supported by the data. The latest inequality data came out today, taking us up to 2013/14.
We won’t complain if the Chancellor reduces the top rate further. But the trade-off should be fairer property and pensions taxation.
After the glow of election victory come the hard yards, as the PM looks to cut the welfare bill by £12 billion
By using dodgy statistics to overstate their case, the Left has caused much of the public to ignore the real problems of deprivation
Having secured a thumping endorsement from his Richmond Park constituents, the environmentalist and Eurosceptic officially joins the race.
The civilising rule of law is threatened by archaic procedures and severe budget cuts
lan Milburn has told Labour something it does not want to hear: Tony Blair was as great for the party as Margaret Thatcher was for the Tories. At a breakfast with the Centre for Social Justice this morning, the former health secretary argued that Labour ‘could not have got it more wrong’ at the last election and urged the party to snap out of its ‘self-delusion’ that New Labour and Blair were all bad
The support on offer must be value for money for the taxpayer – not to mention valuable for the parents and children who will actually use it.
The BBC and its uncritical cheerleaders need to get over themselves
It’s clear that many are tiring of the Greek crisis
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