German chancellor Angela Merkel and Britain’s prime minister Theresa May. The UK needs to avoid a cliff edge in 2021 or 2022. Germany does not want to lose the €50 billion. Photograph:  Dan Kitwood/Getty Images

One of my expectations directly after the Brexit referendum was that Germany would ultimately come to the aid of the UK because of its trading interes(...)

British prime minister Theresa May is meeting European Commission president Jean-Claude Juncker in Brussels on October 16th. Photograph: Virginia Mayo/AP

Top allies to Jean-Claude Juncker and Theresa May have engaged in a public clash over an account of a private Brussels dinner between the two leaders (...)

Leo Varadkar clashed with Macron in the council discussion over a potential digital tax, a proposal yet to be formulated by the Commission, but one much desired by the French. Photograph: Olivier Hoslet/EPA

“They’re in there on their own,” laughs one diplomat. “It terrifies the officials.” Talk to anyone who has been leader of a country, or read their me(...)

Turkey’s president Recep Tayyip Erdogan: there is deep concern over the autocratic leanings of his government and that  Turkey is “no longer on a European path”. Photograph: Presidency Press Service via AP, Pool

In two days, the 28 EU leaders at their Brussels summit covered a wide range of internal and external issues, well beyond the press obsession with Bre(...)

French president Emmanuel Macron speaks to reporters  at the end of the EU leaders’ summit at the building Council of the EU, in Brussels on Friday, 2017. Photograph: AFP

French President Emmanuel Macron said on Friday the work required to settle Britain’s financial obligations to the EU when it leaves was not even half(...)

Armando Iannucci: “We demand politicians be word-perfect every time they do an interview.” Photograph: Tim P Whitby/Getty Images

Where do you go after satirising Westminster and the American vice-presidency? What more dials are there to twist? The incomparable Armando Iannucci, (...)

Sebastian Kurz, leader  of the centre-right Austrian People’s Party (OVP): likely to bring  Heinz-Christian Strache’s far-right Freedom Party into government. Photograph: Alex Halada/AFP/Getty Images

In the wake of the Dutch and French elections, and the defeats of Geert Wilders’s and Marine Le Pen’s respective parties, some commentators hailed wha(...)

German chancellor Angela Merkel leaves after  talks with potential coalition partners in Berlin on Wednesday. Photograph: Bernd Von Jutrczenka/AFP/Getty Images

German chancellor Angela Merkel’s conservative bloc and the pro-business Free Democrats described their first talks on building a coalition government(...)

The failure of Angela Merkel’s CDU to gain a sufficient share of Bundestag seats to allow for the formation of a two-party coalition saw the euro lose two cents on the dollar within 24 hours. Photograph: Krisztian Bocsi/Bloomberg
The currency conundrum

There has never been so much interest in foreign-exchange rates. The euro-dollar rate and the volatility of sterling have become almost as popular as (...)

European Commission president Jean-Claude Juncker embraces British prime minister Theresa May after a meeting at EU headquarters in Brussels on Monday. Photograph: Virginia Mayo/AP

British prime minister Theresa May’s attempt to unblock stalled Brexit talks by travelling to Brussels to see European Commission president Jean-Claud(...)