Page 3 - Fiscal Compact News Today

Brexit has forced a radical rethink about every aspect of British existence - and Germany badly needs the same sort of shake-up

Perry Anderson’s essay ‘Ever Closer Union?’ explores the significance of the different institutions within the European Union. Their common principle, he finds, is that they minimise democracy, with the leaders of the most powerful states directing the affairs of the union from within an impregnable fortress of rules. Anderson starts with the European Court of Justice, established in 1952 as part of the European Coal and Steel Community, which evolved into the European Economic Community ...

Economics Correspondent The Managing Director of the European Stability Mechanism, Klaus Regling, has said the European Unions Stability and Growth Pact needs to be reformed.   Mr Regling told an online audience at the Institute for International and European Affairs that the debate over how much debt countries can sustain has changed since the time the Maastricht Treaty was signed in 1992.   He said interest rates are "permanently lower" than 10 or 20 years ago.  The capacity of governments...

Angela Merkel’s disastrous legacy is Brexit and a broken EU Mutti is a canny and tactical politician but leaves a trail of wreckage behind her after running Europes biggest economy for 16 years This article is an extract from The Telegraph’s Economic Intelligence newsletter. Sign up here to get exclusive insight from two of the UK’s leading economic commentators – Ambrose Evans-Pritchard and Jeremy Warner – delivered direct to your inbox every Tuesday. Angela Merkel is more responsib...

journalist from the "daily telegraph" joins us from kabul with the latest. whats happening today, and could this escalate? >> well, it seems to have already escalated. todays protests seem to be more violent and more furious than yesterday. there are several hundred people on the eastern side of kabul trying to get into the city center. theyve burned shops. there are reports that shots have been fired in the air to try to stop them. there are also protests in the eastern city of jie la...

congressional stalemate that could mean a bigger government bite out of your paycheck. im wolf blitzer. im wolf blitzer. youre in "the situation room". -- captions by vitac -- www.vitac.com the lines have been redrawn in the battle for the republican presidential nomination and after months of focusing his fight on president obama, mitt romney is now going after the newest front-runner, the former house speaker, newt gingrich. romneys latest assault is the classic campaign tactic of ...

greece passes next years budget. it is packed with tax increases and spending cuts which are required to secure bailout funds. the budget cuts, the deficit pushes the deficit to 5.24 gdp, down from 9%. ahead of the u.s. 2012 election campaign, u.s. president barack obama says the middle class needs to step up to the plate. he called for more taxes on the wealthy. those are the top stories from cnn, im monita rajpal. "world business today" starts right now. hello and welcome to yo...