World
From Germany to Romania: the elections that will define Europe in 2025
Voting in Europe during 2025 promises major political shifts – Germany’s snap Bundestag vote, Romania’s presidential race, Poland’s referendum on Tusk’s government and the rise of populist forces in Czechia, Norway and beyond. These contests could reshape the future of the European Union.
If 2024 was a year marked by elections around the world – featuring Donald Trump’s return to power in the US, the consolidation of right-wing parties in the EU elections, a political shift in the UK from the Conservatives to Labour, and the re-election of Narendra Modi in India – 2025 promises to bring its own set of surprises in Europe.
Here’s a round-up of the key elections taking place in 2025 and what we can expect:
Germany: back in the European political game ?
After the Bundestag’s vote of no-confidence on Chancellor Olaf Scholz on 16 December 2024, snap elections are due to take place on 23 February 2025.
The electoral campaign has been marked by the attack on Magdeburg’s Christmas market on 20 December by a doctor, who is also refugee from Saudi Arabia. Though attacker held Islamophobic views, according to Interior Minister Nancy Faeser, and expressed support for the Alternative für Deutschland (AFD) party, the incident has nonetheless crystallised anti-immigration sentiment in a region of eastern Germany already won over by the AFD.
The AfD is currently polling at 20%, second behind the CDU/CSU (32%), which has capitalised on the rejection of the SPD-Grunen-FDP coalition. The CDU is headed by Friedrich Merz, a potential future chancellor, who is proposing a policy that is more economically liberal than under Merkel and more conservative socially, for example on the issue of migration.
Merz, who rose during the Helmut Khol era, is committed to a more integrated Europe. He wants to relaunch relations with France and Poland, criticises Europe’s heavy dependence on the United States and calls for Taurus Cruise missiles to be sent to Ukraine.
Romania: a tense presidential race after foreign meddling and the rise of anti-EU populism
Romania will hold new presidential elections in 2025 after the Constitutional Court annulled the first round of voting. The court’s decision came following concerns over foreign interference in an election where the centrist, pro-EU candidate Elena Lasconi and far-right, pro-Russian candidate Călin Georgescu advanced to the second round.
The ruling followed evidence of Russian interference in the election, particularly the artificial boost Georgescu received on social media platforms, notably TikTok. Until then, Georgescu was relatively unknown to the public, but his online support alarmed authorities.
Meanwhile, the legislative elections, which were not annulled, saw a victory for the Social Democrats.
A new presidential vote is expected to take place in the first half of 2025. Official proceedings launched by the European Commission against TikTok under the Digital Services Act will provide deeper insight into how the platform’s algorithms function during elections.
Poland: a test of Tusk’s government approval amid strong right-wing opposition
The upcoming presidential elections in May in Poland are shaping up to feel like a referendum on the government led by Donald Tusk, in power since December 2023, which unites parties from the left to the centre-right. While it is Prime Minister Tusk (Civic Platform) who holds significant sway over day-to-day governance, the President still plays a crucial role. Current President Andrzej Duda from the Law and Justice (PiS) opposition party, who has held the position for eight years prior to Tusk’s return, has used his veto power to block many of the government’s policies.
The presidential race is now a showdown between candidates from the two main parties: Rafał Trzaskowski, the Mayor of Warsaw for Civic Platform (PO), and Karol Nawrocki, a historian, who will represent PiS. Although the race is tight, opinion polls suggest that the Civic Platform is likely to emerge victorious.
Italy: local elections challenge the stability of a government on shaky ground
An important electoral test awaits Giorgia Meloni next September, as elections will be held in six regions: Puglia, Campania, Le Marche, Tuscany, Valle d’Aosta, and Veneto. These elections will offer a snapshot of Italian public opinion on the relatively stable Meloni government, at least by Italian standards. Last November, coalition parties were outflanked by the centre-left coalition in the regional elections in Emilia-Romagna and Umbria – a setback for Meloni.
The Veneto region will come under particular scrutiny, given its large population and long history of being governed by the populist League, a key player in the ruling coalition.
In Puglia, MEP Antonio Decaro, chair of the Environment committee and of the Democratic Party could run as governor.
Czech Republic: the risk of a strong Europhobic axis in Central Europe
In Czechia, parliamentary elections will take place in October 2025.
The latest polls give ANO (which sits with The Patriots in the European Parliament), led by populist Andrej Babiš, 34.5% of the vote, well ahead The Civic Democratic Party (ODS) – with ECR in the EP-, led by conservative Prime Minister Petr Fiala, expected to win 13.7%, followed by the center-right STAN party (EPP) – 11%.
Babis’ victory would strengthen a far-right axis in Central Europe, which includes Hungary’s Victor Orban and Slovakia’s Robert Fico. The billionaire former prime minister has been dubbed the “Czech Trump”. Anti-elite and anti-migrant, he is also opposed to more European Union integration and shows complacency towards Russia. Many fear attacks against democracy in Czechia if he returns to power.
Croatia: the reelection of a ‘nationalist’
Croatians will elect their President of the Republic in a second round run-off on 12 January. Zoran Milanovic, the current head of state, is standing for re-election. Heis running as an independent but is supported by a coalition led by the Social Democratic Party (SDP).
Zoran Milanovic took everyone by surprise during the parliamentary elections last April when he decided to run as head of the SDP list in Zagreb. His candidacy was rejected by the Constitutional Court.
The president calls himself a “nationalist.” He is opposed to the government’s support for Ukraine and the participation of Croatian soldiers in the NATO-led mission to train Ukrainian soldiers. He leads with 37,4% in the polls, ahead of Andrej Plenkovic (20,8%), the candidate supported by the prime minister’s party, the Croatian Democratic Union (HDZ) – which sits with the European People Party (EPP) at the European Parliament – and advocates strengthening Croatia’s ties with its Western allies.
United Kingdom: will Labour’s victory last year translate into lasting support?
On 1 May, the UK will hold its first elections since last July’s general election, which saw the Labour Party return to power and Keir Starmer become Prime Minister.
This vote for England’s county councils will serve as a key test for Labour, revealing whether their victory last year will be the beginning of lasting support for the party.
According to Sky News, polls suggest that Labour and the Conservatives are currently neck and neck in the mid-20% range – a historically low level of backing for both parties – with Reform UK, Nigel Farage’s populist party, trailing by just five points. Reform UK currently holds no seats in local councils.
Belarus: an election with a silenced opposition
The 2020 Belarusian presidential election was marred by widespread electoral fraud, violent repression of the opposition and brutal crackdowns on protesters challenging the results. The election, which saw dictator Alexander Lukashenko claim a disputed victory with 80% of the vote, was widely condemned, with the European Union and other countries refusing to recognise the outcome. Alexander Lukashenko has been in power since 1994.
Since then, Belarusian human rights group Viasna has reported that over 50,000 people have been arrested on political grounds.
With the next election scheduled for 26 January, little is expected to change. Lukashenko has already warned that he may cut off internet access entirely during the 2025 presidential race if protests akin to those of 2020 erupt, according to state-run news outlet Belta in November.
Russia: a foregone conclusion
In the upcoming Russian elections next September, voters will casting their ballot for the Duma by-elections to fill vacant seats in the lower house of parliament, as well as for governors in 18 regions, regional parliaments in 11 regions, and local government representatives across various areas.
However, there are growing concerns regarding the fairness of these elections. Media freedom remains severely restricted, and political opponents continue to face harsh repression, personified by the death of opposition leader Alexei Navalny. These issues cast a long shadow over the integrity of the electoral process.
Norway: will the EU’s rightward shift reach Norway?
On 8 September, Norway will hold parliamentary elections that will decide the makeup of the 169-seat Storting and indicate who might become the next prime minister. Jonas Gahr Støre, leader of the centre-left Labour Party, currently holds the position.
As seen across Europe, the latest polls suggest a shift towards right-wing parties. The far-right Progress Party is expected to come out on top – its 10% share of the vote in 2021 is predicted to double by 2025. Hot on their heels is the centre-right Conservative Party, led by former Prime Minister Erna Solberg.
Ireland: turning the page after Higgins
No official date has been set yet, but the Irish will head to the polls by November 2025 to elect a new president, ending the popular Michael D. Higgins’ 14 years in office. Although largely ceremonial, the role of the President holds significant constitutional responsibilities, such as signing bills into law and representing Ireland on the global stage.
While no candidates have formally entered the presidential race, Irish media outlet The Journal is speculating on potential contenders. Among the names mentioned are familiar faces from Brussels: former European Commissioner Mairead McGuinness and former MEP Frances Fitzgerald – both from the centre-right party Fine Gael.
The upper house of the Irish Parliament, the Seanad, will also be renewed, though through an indirect process. Forty-nine senators will be elected by university graduates, while 11 will be appointed by the Prime Minister and vocational panels. Final results are expected from 30 January. These elections follow the dissolution of the lower house, the Dáil, on 8 November.
Georgia: will the local elections confirm the country’s pro-Russian orientation as pro-Europe protests continue?
In October 2025, Georgia will hold elections, one year after the disputed parliamentary elections won by the Georgian Dream party which as been widely accused of being pro-Russian. The country is the site of a struggle for influence between Russia and the West, while Russian troops have occupied 20% of Georgian territory since 2008.
The new government’s decision on 28 November to postpone the country’s EU accession process until 2028 provoked a wave of demonstrations in Tbilisi and other cities across the country. Georgia gained EU candidate status in December 2023, but the process was halted by the EU, citing the country’s democratically unstable conditions.
29 December marked the end of pro-European President Salome Zurabishvili’s term in office, who was replaced by the pro-Russian former footballer Mikheil Kavelashvili. He was elected on 14 December by the parliament in which Georgian Dream has a majority, in a vote that was boycotted by the opposition. As the stranglehold on pro-European forces intensifies, demonstrators have faced a heavy-handed response by the authorities. Meanwhile, Salome Zurabishvili refuses to recognise the new president and stand down from her position.
Moldova: pro-Russian ambush as parliamentary elections scheduled for 2025
As a buffer state to Ukraine, Moldavia is facing attempts at Russian interference with a disinformation campaign. The referendum on accession to the European Union in autumn 2024 went down to the wire in favour of the “Yes” camp (50.35%). Meanwhile, the pro-European president Maia Sandu was re-elected in a second round of voting.
For the 2025 legislative elections, the President’s party (The Party of Action and Solidarity – PAS) is playing for keeps. If it fails to win a majority, it will have to contend with other political forces, not all of which supported the “Yes” vote in the referendum. For Maia Sandu, these elections will be “a final battle” in Moldova’s road to EU membership, in a country where pro-Russian political opposition remains strong.
Albania: the same two political parties fighting for power
In Albania, President Bajram Begaj has set parliamentary elections for 11 May 2025 after a consultation was boycotted by the main opposition Democratic Party (DP), which accused the president of endorsing a pre-determined date by the Socialist Party.
Prime Minister Edi Rama’s Socialist Party and the DP are playing for big stakes in this election: the DP will be attempting to put an end to the Socialist Party’s three successive terms in office. The country has been in the throes of a serious political crisis for several years, the political debate being highly polarised between the DP and the socialists, heir to the communist regime and Enver Hoxha’s Party of Labour.
The opposition has accused the government of sending opposition figures to prison for political reasons. This lack of political plurality coupled with domestic resistance to fighting corruption makes EU accession talks challenging, with the negotiations for EU membership having officially started in 2022.
In May 2025, for the first time, Albanians living abroad will have the opportunity to vote.
Kosovo: will the pro-independence party keep its majority ?
In Kosovo, the Self-Determination Movement (Vetëvendosje), Prime Minister Albin Kurti’s party, is well set to win again in the parliamentary elections in February 2025. Since his landslide supermajority victory in 2021, the opposition has lacked leaders capable of challenging Kurti.
After the February’s poll, the question will be whether his party will be able to secure a majority or whether it will have to include opposition parties or representatives of the Serbian community in the government.
Srpska Lista, the Serbian ethnic party, has close ties with Serbia which does not recognise Kosovo’s independence which was declared in 2008 and is backed by key Western powers. After being refused the right to run for Parliamentary seats by the electoral commission, Srpska Lista was finally on 25 December granted the right to compete by an appeals body.
World
Video: A Small Election Could Change British Politics
new video loaded: A Small Election Could Change British Politics
transcript
transcript
A Small Election Could Change British Politics
Voters in the northern English district of Makerfield cast ballots on Thursday to choose their representative in Parliament, the outcome of which could lead to Prime Minister Keir Starmer’s ouster.
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Well, I don’t think there should be a leadership election. I think that the last government proved that parties that spend their whole time in leadership elections don’t go on to win the next general election.
By Alisa Shodiyev Kaff
June 18, 2026
World
From bear hugs to handshakes: How India lost its edge with Trump while Pakistan quietly gained ground
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This week, President Donald Trump and Indian Prime Minister Narendra Modi came face-to-face at the G7 summit in France, their first such encounter since February 2025. Rather than his trademark bear hug, Modi greeted Trump with a smile and handshake.
Then on Wednesday, the two held a bilateral meeting. It was a friendly chat, but one that came against a backdrop of compounding tensions.
As India works at restoring its relationship with Washington, its arch-foe Pakistan has expanded its own diplomatic profile, complicating India’s campaign against its nuclear-armed rival.
COMMERCE SECRETARY HOWARD LUTNICK MAKES QUIET TRIP TO INDIA DAYS AFTER TARIFF SETBACK
President Donald Trump looks at Pakistan’s Prime Minister Shehbaz Sharif speaking following the official signing of the first phase of the Gaza ceasefire agreement between Israel and Hamas. Shariff announced his intention to nominate Trump for the Noble Peace Prize for a second time. (Evelyn Hockstein / Reuters)
For years, India built an international case against Pakistan, projecting it as an isolated or destabilizing state. This hardline stance appeared to be working, with Modi declaring to Pakistan, “India has been successful in isolating you, and we will intensify those efforts.”
But a decade later, Pakistan is rapidly emerging as a key global player in the region and beyond.
While Modi initially tried to engage Pakistan, his government’s approach eventually hardened around the mantra that “terror and talks cannot coexist.”
In Washington, India has typically been favored, with Presidents Trump, Biden, Obama and George W. Bush all making visits during their time in office.
President Donald Trump (R) shakes hands with Indian Prime Minister Narendra Modi during a bilateral meeting at the G7 Summit on June 17, 2026 in Evian-les-Bains, France. (Anna Moneymaker/Getty Images)
Modi built a rapport with Trump during his first term in office and was one of the first world leaders invited to the White House after Trump’s inauguration. But over the past year, that relationship has come under strain as Islamabad quietly clawed its way back to credibility.
“India misjudged Trump in term two, banking on once friendly relations,” Sid Dubey, a visiting professor at Bennett University in India, told Fox News Digital. “They have yet to start recovering from that.”
PRESIDENT TRUMP, INDIA’S MODI TO TACKLE TRADE, TARIFF TENSIONS AT HIGH-STAKES MEETING
U.S. President Donald Trump and Indian Prime Minister Narendra Modi wave to the crowd at Sardar Patel Stadium in Ahmedabad, India, Monday, Feb. 24, 2020. India poured on the pageantry with a joyful, colorful welcome for President Donald Trump on Monday that kicked off a whirlwind 36-hour visit meant to reaffirm U.S.-India ties while providing enviable overseas imagery for a president in a re-election year. (AP Photo/Aijaz Rahi)
The shift first became apparent in May 2025, when President Trump announced he had secured a ceasefire between nuclear-armed India and Pakistan. The fighting had come over India-administered Kashmir and was the worst in decades.
Islamabad promptly praised Trump for ending the deadly dispute and even nominated him for a Nobel Peace Prize. New Delhi, however, rejected the claim, insisting the ceasefire was the result of direct bilateral talks with Pakistan.
The response reflected India’s long-standing sensitivity to third-party involvement in what it fiercely maintains is a bilateral dispute.
In the months that followed, frictions only deepened.
FILE — In this Jan. 11, 2013 file photo, a Pakistani Ranger in black uniform and his Indian counterpart march during a flag-off ceremony, at the joint Pakistan-India border check post of Wagah near Lahore, Pakistan. (AP Photo/K.M. Chaudary, File)
President Trump hit India with some of the steepest tariffs imposed on any major economy. Meanwhile, U.S. sanctions pressure on Russian oil rattled energy import-dependent India, while disputes over H-1B visas added further strain. Analysts say Trump’s America First agenda increasingly overshadowed the friendship Modi had cultivated during Trump’s first term.
“When Trump unfortunately said the May 2025 clash ended because of him personally, that upset India a lot, and they made that known,” Dubey said. “Then the tariffs were another slap in India’s face. Meanwhile, Pakistan took advantage, leaving India at a bit of a loss. From there, relations fell further with the Iran conflict.”
India is among the countries most indirectly affected by the strategic fallout from the Iran war, facing economic pressure and mounting energy concerns.
IRAN WAR FUELS ASIA ENERGY CRUNCH AS INDIA, JAPAN, OTHERS FEEL STRAIN
Iranian Parliament Speaker Mohammad Bagher Ghalibaf meets with chief of Defence Forces of Pakistan, Field Marshal Asim Munir, in Tehran, Iran, May 23, 2026. (Iranian Parliament Speaker Office/WANA (West Asia News Agency)/Handout via Reuters)
Last week, a U.S. strike further exacerbated tensions after three Indian seafarers became collateral damage in the conflict. They were the first and only seafarers confirmed killed as part of the U.S. blockade, sparking outrage across India.
New Delhi instantly summoned Washington’s Chargé d’Affaires Jason Meeks, expressing deep concern over the renewed attacks and arguing that its nationals were becoming casualties in a war not their own.
India also warned of the broader humanitarian, economic, and energy consequences of the conflict, which are expected to linger even as an agreement has now been reached.
U.S. Vice President JD Vance, center, walks with Pakistan’s Chief of Defence Forces and Chief of Army Staff Field Marshall Asim Munir, left, and Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar after arriving for talks with Iranian officials in Islamabad, Pakistan, Saturday, April 11, 2026. (Jacquelyn Martin/Pool via AP Photo)
All the while, Pakistan was gaining diplomatic visibility, finding itself in the unusual position of currying favor in Washington while maintaining deep ties with China, Iran and the Gulf states.
Pakistan’s prominent role in recent months highlighted how Islamabad has been more nimble in its diplomacy than India,” Council on Foreign Relations Senior Fellow Sadanand Dhume told Fox News Digital. “Additionally, Pakistan decisively outmaneuvered India’s quixotic bid to isolate Pakistan on the world stage.”
Regional dynamics have also been reshaped by the two rivals’ competing strategies. India has deepened its strategic partnership with the U.S. through alliances such as the Quad partnership with the U.S., Australia, and Japan and has expanded cooperation across South Asian states, including a burgeoning relationship with Afghanistan. Meanwhile, Pakistan’s growing regional relevance has been reflected in its strengthened ties with China, improved relations with regional partners like Bangladesh and expanded security cooperation with Gulf states.
RUBIO VISIT TO INDIA PUSHES DEEPER ENERGY TIES AS IRAN CONFLICT RATTLES GLOBAL OIL MARKETS
Additionally, Trump, who accused Pakistan of “deceit and lies” during his first term, has since repeatedly praised its leadership. In June 2025, the president invited Pakistan’s army chief Asim Munir to the White House for a high-profile lunch meeting.
Munir was the first Pakistani military chief who was not also president to be hosted by a U.S. president. He also led the war effort against India earlier that year.
In this photo released by the Inter Services Public Relations, Pakistan’s Chief of Defense Forces and Army Chief Gen. Asim Munir, center, Pakistan Naval Chief Admiral Naveed Ashraf, left, and Pakistan Air Force Chief Air Chief Marshal Zaheer Ahmed Babar attend a guard of honor ceremony at the joint military command headquarters in Rawalpindi, Pakistan, Monday, Dec. 8, 2025. (Inter Services Public Relations via AP)
Trump described Munir as his “favorite Field Marshal” and an “exceptional human being.”
Their relationship has been further reflected in trade deals and, most recently, Pakistan’s role as a principal mediator in restoring diplomacy between the U.S. and Iran.
“India tried to make Pakistan an international pariah. Instead, Pakistan has wormed its way into Trump’s good books through a combination of concrete co-operation with the U.S. and outrageous flattery of the president, leading to Trump elevating Field Marshal Asim Munir and Prime Minister Shehbaz Sharif as heroes,” Dhume said.
India, meanwhile, has maintained close ties with Israel while generally sticking to more measured messaging.
TRUMP’S FAVORITE FIELD MARSHAL: WHO IS PAKISTAN’S POWERFUL ARMY CHIEF ASIM MUNIR WITH DEEP INTEL TIES
On June 15, upon the agreement of a deal with Iran, Modi released a statement, saying, “India hopes that the implementation of this understanding will help restore peace and stability in the region and ensure the freedom of navigation and commerce.”
“Hats off to Pakistan. They worked really hard to bring this awfully disruptive war with Iran to an end,” Dubey told Fox. “India unfortunately lost out by not seeking to be a problem solver like Pakistan. It could have played its cards better as a peacemaker, given its traditionally strong relations with Tehran.”
Still, analysts caution these are rapidly evolving dynamics. There is no guarantee that Pakistan’s current moment will last, and the tide for India could still turn.
“Pakistan’s mediation role has allowed it to substantially reset its international image. It has positioned itself as a responsible international actor rather than a rogue state responsible for both nuclear proliferation and exporting Islamic terrorism. How long this lasts depends in large measure on two things: will Pakistan find a way to remain in Trump’s good books, and will it be able to change its behavior sufficiently to convince the world that it has indeed turned over a new leaf,” Dhume told Fox News Digital.
Meanwhile, India is working to regain its position and show the U.S. it is still a reliable partner.
Marco Rubio visited India last month, his first since becoming Trump’s top diplomat last year, which was widely seen as an attempt to reset ties.
Secretary of State Marco Rubio speaks as President Donald Trump looks on during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. (JIM WATSON/AFP via Getty Images)
Trump and Modi’s G7 meeting marked another significant step.
Trump praised Modi as “calm, cool and totally killer” and said he would be traveling to India “sometime in the future.” India has been pressing Trump for a visit, potentially as part of a broader meeting involving Japan and Australia.
Trump also said the United States would defend India.
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“If anybody attacks that man, we’re going to be there,” Trump said, referring to Modi. “Now, if there’s a new leader, I’m not sure about it.”
The Pakistani and Indian governments did not respond to Fox News Digital requests for comment.
World
EU of six, not 27, is needed to ‘stay relevant’ – Bruno Le Maire
Working with a coalition of six core European countries instead of 27 is the best way to reinforce Europe, former French Economy Minister Bruno Le Maire told Euronews on the sidelines of the G7 summit in Évian, France.
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His comments come as the European Union looks for ways to streamline its decision-making process and become more agile on key issues from defence to foreign policy.
“The single lesson that all the European leaders must draw from the past months, and I would say from the last two years, is that if they want to be relevant and strong, they need to be united. And they don’t need to unite with 27 member states,” he said in a Euronews interview.
“They need to give a new impetus to the European construction by building a European [project] with six core countries,” Le Maire, who was the longest-serving economy and finance minister since World War II and the shortest-serving minister for armed forces, note
Le Maire listed France, Germany, Italy, Spain, Poland, and the Netherlands — the EU’s six largest economies — as the states that should band together to discuss key issues facing the bloc, ranging from the Iran conflict and support for Ukraine to chip manufacturing on European soil and nuclear energy.
“Six countries instead of 27 countries is the best way of reinforcing Europe, of facing the threats posed by many empires around the world, and getting some concrete results,” he said.
Le Maire pointed to the pressure from the US administration against the EU, including tariffs and threats over regulatory standards, in response to Brussels’ antitrust fines and digital regulations targeting American tech giants like Google and Amazon.
“We can no longer accept being blackmailed […]. The way President Trump and the US administration are saying, ‘You should get rid of the taxation of Google, Amazon, Facebook, and Microsoft, otherwise, I will hit you with new tariffs,’ is 100% unacceptable among allies,” he said.
“If we want to resist that kind of threat, that kind of blackmail […] the six strongest European member states must stand united […]. If we are divided, you cannot resist that pressure,” he said.
“If you stand united, explaining that it will be difficult for the US to gain access to the European market if they do not respect Europe as a partner, that is the best way of getting some concrete results.”
Too much talk, too few decisions
Often held up by a principle of unanimity, Le Maire told Euronews that involving 27 countries to form a consensus on EU decision-making means “long talks and very few decisions”, while what is needed now is “strong decisions and fewer talks.”
He envisioned a structure in which the six core countries move forward on matters, and “then the 21 other member states, if they want to join, they will join,” adding, “first of all, let’s move on.”
The idea of this coalition is not new. In fact, it already exists in some shape or form.
Earlier this year, the finance ministers of Germany, France, Italy, the Netherlands, Poland and Spain launched a new coalition, dubbed the “E6”, to push for “decisive action and swift progress” in four strategic areas: defence, supply chains, the Savings and Investments Union, and strengthening the euro internationally.
“We are providing the impetus, and other countries are welcome to join us,” German Finance Minister Lars Klingbeil said at the time. The President of the European Commission, Ursula von der Leyen, endorsed this two-speed Europe concept as a way of bolstering the European economy.
In May, the E6 signed a joint letter calling for an acceleration of the Capital Markets Union (CMU) in an attempt to get a deal through a politically stagnant Brussels.
The CMU aims at creating a single, integrated market for capital across all 27 member states to service companies, investors and consumers.
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