EUROPEAN UNION

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EU deficit rule belongs 'in the past century'

Macron Says EU Deficit Rule 'Belongs In The Past Century'

French President Emmanuel Macron wants European nations to break their "taboo" against using deficits to stimulate growth and investment, and scrap a strict limit on eurozone deficits, he said in an interview published Thursday.
Farage wants to sever all ties with the European Union

EU Foe Farage Takes Brexit Poll Challenge To Johnson

Anti-EU populist leader Nigel Farage said Monday he will field hardline Brexit candidates across Britain despite fears he could deny Prime Minister Boris Johnson a majority in next month's election.Farage wants to sever all ties with the European Union and calls Johnson's divorce deal agreed with Brussels last month a "sellout" of the hopes of Britons who triggered Brexit in a 2016 referendum.The Brexit Party chief said Johnson's ruling Conservatives could pay dearly for rejecting his offer for a "non-aggression pact" in the December 12 snap election.
Weary leaders in Europe will hope the vote ends a year of uncertainty that has chilled the business investment climate and required costly preparations for the possibility of a chaotic "no-deal"

Trump Wades Into UK Election With Attack On Opposition Leader And Brexit Warning

US President Donald Trump waded into the British election campaign on Thursday, launching a stinging attack on the country's main opposition leader and warning Prime Minister Boris Johnson that his EU divorce deal could imperil a future US-UK trade agreement.In unprecedented criticism of a candidate to be British premier from a sitting president, Trump said that Labour Party leader Jeremy Corbyn would be "so bad" in the role.
New ECB head Christine Lagarde (right) wants Germany Chancellor Angela Merkel (left) to increase public spending to give the sluggish European economy a boost, a move supported by French President Emmanuel Macon (centre)

Germany Resists Fresh Calls To Boost Govt Spending

New ECB head Christine Lagarde (right) wants Germany Chancellor Angela Merkel (left) to increase public spending to give the sluggish European economy a boost, a move supported by French President Emmanuel Macon (centre)
Mario Draghi will be saying goodbye as he presides over his final ECB monetary policy meeting and press conference

'Never Give Up': Draghi Sums Up Hard-fought ECB Term

Departing European Central Bank president Mario Draghi said Thursday the proudest legacy from his eight-year term was the ability to "never give up" in the face of economic crises, internal dissent and external criticism."In a sense, this is a part of our legacy: never give up," Draghi said at his last press conference in Frankfurt of his work with colleagues on the ECB governing council since 2011.
Johnson warned his ministers on Sunday to brace for a cliff-hanger finish

Johnson Repeats Brexit Vow As EU Talks Reach Critical Point

Prime Minister Boris Johnson repeated Monday that Britain must leave the EU on October 31, as divorce talks resumed in Brussels in a pivotal week that could define how and when Brexit finally happens.In an elaborate ceremony in parliament in London, Queen Elizabeth II set out Johnson's legislative programme for the coming year, with leaving the EU top of the agenda."My government's priority has always been to secure the United Kingdom's departure from the European Union on October 31," she said in a speech to robed peers from a gilded throne in the upper House of Lords.

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