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A former European Commission president has called for a rethink on austerity in the European Union, on the 29th anniversary of the treaty that established the bloc as we know it. Sunday marked 29 years since the signing of the Maastricht Treaty, and the milestone has led EU leaders past and present to reflect on the pact. Former Commission president Jean-Claude Juncker told Euronews he thinks parts of the treaty which favour austerity should be reconsidered. This revolved around the ‘Golden Rule’, an economics principal in which governments only borrow to invest, not to fund current spend...

MICHAEL Gove has been met with sheer disbelief from thousands online after he tweeted a claim about Scottish independence. Gove, who famously declared that “the people of this country have had enough of experts”, has apparently changed his mind. A London School of Economics report, which Michael Russell said is “based on unsubstantiated data and absurd assumptions”, recently claimed that independence would cost Scotland more than Brexit. Gove, as slippery as ever, has decided that these experts are very much worth listening to. Sharing an article from the Financial Times on T...

Eurostar is on the brink of collapse. Like most travel companies in the coronavirus pandemic, its business has been decimated and its likelihood of survival is unclear. The cross-Channel link has lost 95% of its passengers since March and is now running just two round-trips a day — a far cry from the two departures an hour during normal peak times. A continued outlook like this will leave the company bankrupt by spring. "Disaster is possible," Eurostar's managing director Jacques Damas has warned after revealing cutbacks and borrowings of €450 million. He said shareholders had stumped up ...

Brexit: Can the UK really go it alone? For the first time in its history, a member nation has left the European Union. But can the UK really go it alone? And how will it change the EU? Guests: Tom Nuttall (The Economist), Jon Worth (blogger), Tanja Börzel (political scientist) Listen to audio 26:01 Share

I’m normally not keen about having a post consist largely of a tweetstorm, but this Brexit offering by Jon Worth is a showstopper…including his clever use of icons. As you’ll see, Worth looks at all the ways the EU and UK might buy themselves more time to get something done. He finds that pretty much all the paths are dead ends and/or require tons of trust, when trust has been in scarce supply. Note that he also assumes that the EU wants a deal and would be willing to participate in fudge-making. I’m not certain this follows. The EU has decided, for reasons I cannot fathom, to indul...