De Cos restored the Bank of Spain’s reputation after years of muddled and politically compromised leadership. However, building that reputation involved criticizing Prime Minister Pedro Sánchez’s government for its timid pension reform, which may cost him political support in Madrid. Also, moving De Cos from the standard-setting body in Basel might cost Europe a prestigious […]
Continue Reading“He’s being diplomatic, saying it’s a fantastic organization,” said the official, granted anonymity to discuss the closed-door talks. “He very smartly divided the political from the organizational, saying, ‘Let’s leave politics out of this, let’s focus on the real world [and] stop wasting our resources on scenarios that are zero percent likely.” Europe shrugs A steady […]
Continue ReadingLa présidence de la BCE est l’un des postes les plus influents d’Europe, commandant une puissance de feu financière sans pareille. C’est pourquoi les gouvernements nationaux se sont toujours battus avec acharnement pour promouvoir une personne favorable à leurs propres besoins et priorités. Les négociations sur la succession de Christine Lagarde risquent d’être intenses et […]
Continue ReadingBRUSSELS — Belgian Defense Minister Theo Francken criticized European leaders for speaking too much about nuclear weapons. “Regarding nuclear deterrence, I really don’t understand why European leaders are so loose-lipped. Not wise. Please keep your mouth shut,” he posted on X, in reply to a podcast interview by German Chancellor Friedrich Merz. In the interview, the […]
Continue ReadingThe previous Conservative government appointed Michael Grade, a Tory peer, as chair in 2022. His term ends on April 26, and the Department for Science, Innovation and Technology, which is leading the recruitment process, hopes to announce his replacement before then. The interview panel, which is made up of civil servants and independent members, will […]
Continue ReadingBack in January, Radev met with the heads of various parliamentary groups, trying to task them with forming a government, but did not succeed. Radev then stepped down on Jan. 19 to start his own election campaign with Iotova, who had served as vice president, taking office shortly after. She appointed Andrey Gyurov, a former […]
Continue ReadingMerz said in general that he is “very, very, very cautious when it comes to legal bans on something like this [social media],” but that the “consequences” of fake news, AI-generated images and platforms like TikTok “make things more challenging.” Protecting children at school “must come first,” the chancellor said, adding that the idea children […]
Continue ReadingFrontloaded scrubbing Legal “scrubbing” — a time-consuming process that ensures both parties agree on the precise meaning of a text and not just the overall commitments — would be “partly frontloaded during negotiations” and take place in parallel with the Commission’s adoption of the text, as well its presentation to the Council. The streamlined procedure […]
Continue ReadingThe pontiff, who has criticized the U.S. president, believes the United Nations should manage international crises, his top diplomat says. Listen AI generated Text-to-speech
Continue ReadingRussia also reported that talks were tough, after Wednesday’s meeting lasted for only two hours — following a marathon six-hour session on Tuesday. “Negotiations were difficult, but businesslike. A new meeting with Ukraine will be held in the near future,” said Putin’s negotiator Vladimir Medinsky after the meeting. Witkoff said the dialogue alone should be […]
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