With an eye on Italy and Spain and the possible political and financial turmoil there, the European Commission chief Jean-Claude Juncker called once again on Tuesday (5 June) for a fast and deep reform of the Economic and Monetary Union. The fall of the Spanish government over a corruption scandal last week put the opposition Socialists in charge, with a minority government. Even more worrying for Brussels is the formation of a populist administration in Italy, its possible impact on financial markets and the contagion effect on other member states. “Completing the Economic and Monetary Union is more important than ... (full story)