Eurotopics.net

Romania's Constitutional Court has instructed President Klaus Iohannis to fire Laura Codruta Kövesi, head of the anti-corruption authority DNA. The Ministry of Justice had accused her of improper investigation methods and called for her dismissal, but Iohannis refused to comply. Now he must respect the ruling, Romania's press explains.

A solution is emerging in the 27-year-old dispute between Athens and Skopje over the name of the Former Yugoslav Republic of Macedonia (FYROM). According to media reports in future the country will be called the Republic of North Macedonia if its population agrees to this in a referendum to be held in the autumn. Commentators are delighted and praise the participants in the negotiations.

According to an ECB report published last week Bulgaria is not yet ready for accession to the Eurozone. Although the country fulfils the formal criteria it is lagging behind regarding so-called soft factors such as the independence of its central bank and success in the fight against corruption, the report concluded. Commentators explain why Bulgaria can forget its dream of Eurozone membership for the time being.

The unclear political situation in Italy is making the stock markets nervous. Shares plummeted on Tuesday while the euro exchange rate dropped considerably. Speculation is rife among the financial market experts of Europe's media about whether Italy will trigger a new financial crisis and whether former Italian PM Silvio Berlusconi can save the day.

A fierce discussion has broken out in Europe's media over Italian President Sergio Mattarella's decision to reject Paolo Savona as finance minister. Some argue that he has saved Italy from a crash on the financial markets. Others fear that he has only put wind in the sails of the ever-stronger populists.