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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Commission President Announces Support For EU Treaty Change
In one of her final remarks as part of her state of the European Union speech, Commission President Ursula von der Leyen announces her support for a European Convention. This is the method by which changes to the EU's treaties - the organisation's foundational documents - are made.
- Treaty changes/new treaties have major impacts on the functioning and role of the EU. Treaty changes talked of in 2022 in terms of doing away with unanimity principle on issues of foreign policy. Would allow implementation of sanctions without approval of all member state govt's.
- Commission alone cannot call a convention, but now joins the parliament in supporting the move to change EU treaties.
- VdL's call marks a major shift from recent years, where the Parliament has been a lone voice in calling for change.
- Remains a major challenge, getting unanimous approval from all member states on legally binding alterations to laws that replace the functions held by national gov'ts is difficult at times of peace/growth, let alone during a war in the east of Europe and during a time of economic concern.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.