Multi-speed Europe

With doors slammed shut, is a visa-free Europe still viable?

The Covid-19 pandemic has brought back borders as different countries put their own interests first.

European Union agrees how to bail out Italy and Spain. Well, sort of.

EU leaders agree that a much bigger bail out is required. How this is structured is dividing Europe and opening old wounds.

Europe needs over $540 billion from EU institutions for recovery – ESM

In an interview with Italy’s Corriere della Sera paper, European Stability Mechanism Managing Director Klaus Regling said the easiest way to organise such funds would be via the European Commission and the EU budget.

The European Union 'bailout' might end up being an eject button

The devil is in the details, but EU leaders this week will wrangle a deal which might be a starter’s pistol for Brussels to fall on its sword.

European nations struggle to agree on terms of economic aid

European governments are scrambling to put together hundreds of billions of euros to save lives, companies, and families from going bankrupt as countries hit hardest by the virus are also those that can least afford the costs, like Italy and Spain.