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The major countries of the Eurozone are ignoring the Commission's recommendations while France and Germany are openly defying the it, notes El País.
"The crisis is eroding the influence of [Commission President José Manuel] Durão Barroso," reports the Spanish daily, adding that "the European Commission, which is in middle of a power struggle with Germany, is suffering from a credibility crisis."
Although the powers of the EU's executive branch have been reinforced in recently years, its recommendations and measures required of the member states are only followed "when the markets demand it or within the framework of a bailout plan," says El País.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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