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News & Analysis

May 22, 2026

Merz Offers Ukraine a Seat at Europe's Table. Zelensky Calls It a Waiting Room.

Germany's Chancellor has formally proposed 'associate membership' of the EU for Ukraine — participation in EU institutions without a vote, a budget, or a clear timeline. Volodymyr Zelensky has rejected it. His reasoning is hard to dismiss.

Business & Economy

May 22, 2026

Europe's Spring Economic Forecast Confirms What Everyone Feared

The European Commission's spring economic forecast confirms the Iran war is dragging growth down while pushing inflation up — creating the worst possible combination for European governments already struggling with debt and defence spending demands.

Business & Economy

May 21, 2026

Europe Wants Bigger Banks. National Governments Keep Getting in the Way.

EU cross-border bank mergers hit an 18-year high in 2025, but political resistance — not economics — is still the biggest obstacle to the banking union Europe says it needs.