The paradox inherent in the planned Greek referendum is that a “no” vote directed at the EU might be a “yes” for a better Europe. The same Europeans, whom the EU is now trying to force-feed a false “salvation”, might end up saving the true European Idea, even if it’s at the price of renouncing the current institutional attempts to implement it.
The European Commission has upped its growth forecasts for the Eurozone and the entire EU after noting the positive effects of the European Central Bank (ECB) debt purchase programme; cheaper oil prices, and the depreciation of the euro. However, this economic improvement will not be uniform across all the member states. Gross Domestic Product (GDP) for the 19 euro members will be up this year by 1.5%, two tenths higher than estimated in February by the EU executive. For the 28 countries in the European Union, the Commission also revised forecasts upwards by one decimal point to 1.8%
By Driss Ouazzani
Josep Borell, a Spanish politician of the Worker´s Socialist Party (PSOE), was President of the European Parliament from 2004 to 2007. Here he speaks from his heart on a range of issues that concern Europe, from the financial crisis and euroskepticism to fiscal evasion and TTIP, with special references to Spain and the European South.
Lithuania has become the 19th member of the euro joining its Baltic neighbours Estonia and Latvia. It is also expected to be the last to enter the monetary union for several years. This is a move with geopolitical and economic implications. The country comes on board the Eurozone with a growing economy.
