Spain took over the new post-Lisbon EU presidency. Spain has has identified economic issues, supervision of financial markets and energy policy as its key priorities. Under revamped EU rules Prime Minister José Luis Rodríguez Zapatero will no longer chair European Summits and the foreign Minister won’t chair foreign affairs meetings, although Spanish ministers will head [...]

EU Commission president José Manuel Barroso expressed disappointment with the 11th-hour accord eked out at the Copenhagen climate conference, saying it fell “far short” of the EU’s expectations. Less than three pages long, the pact lacks elements the EU considers crucial, including collective targets for reducing emissions of greenhouse gases. Not only does it fail [...]