The two leaders are expected to unveil a joint proposal on the future of the eurozone by the end of 2016, once they have set aside their own differences over how to pursue integration. EurActiv France reports .
A draft accord to help keep Britain in the European Union is "very fragile", a top EU official warned yesterday (10 February) as France and eastern states pushed for changes before leaders meet to try and seal the deal next week.
Italian Prime Minister Matteo Renzi has stepped up his war of words with Brussels by comparing the European Union to the orchestra that kept on playing as the Titanic sunk to the bottom of the Atlantic.
Draft European Council conclusions suggest that the relationship between eurozone countries and the City of London remains a sticking point in negotiations on a series of reforms to keep the United Kingdom in the EU.
The eurozone needs to press ahead with structural reforms and closer integration, including a eurozone finance ministry, to deliver sustainable growth, the heads of the French and German central banks wrote in a German newspaper on Monday (8 February).
The EU Commission accepted on Friday (5 February) the draft proposal from Portugal for the country's 2016 budget - but only after Lisbon included last-minute adjustments and following an intense discussion in an extraordinary meeting the college of commissioners.
The cost of hosting refugees and asylum seekers is likely to have a big impact on public finances, but the EU is still unable to give a figure for individual member states, Economic and Financial Affairs Commissioner Pierre Moscovici has acknowledged.
Political turbulence in Portugal, Italy, Greece and Spain is once again threatening Europe's fragile economy, the European Commission warned in its latest economic forecast, published on Thursday (4 February).