A press conference like any other at the European Commission… Well, almost!
It was an optimistic speech. European Commission President Jean-Claude Juncker sees tailwinds for Europe and has proposed far-reaching reforms. A number of these, says Barbara Wesel, are doomed to fail.
In his State of the Union speech, European Commission President Juncker has praised the bloc for "bouncing back" after 10 years of crises. He has outlined bold proposals for the eurozone, trade and migration.
German Finance Minister Schäuble has welcomed calls from the European Commission that all EU member states aim to join the eurozone. However, he has urged all parties to heed the lessons from Greece.
The EU is seeking a greater say in foreign takeovers of "critical" infrastructure and companies, with EU Commission President Jean-Claude Juncker demanding a screening procedure of investments, notably from China.
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