Economic governance

Economy & Jobs 15-09-2017

Dijsselbloem to remain until January amid EU top job rethink

Acting Dutch finance minister, Jeroen Dijssselbloem will continue as Eurogroup President until the end of his mandate in January, various eurozone officials told EURACTIV.com, quashing speculation that he would step down earlier following an election rout at home.

Economy & Jobs 08-09-2017

Amid EU treaty change fever, national ministers urge caution

French President Emmanuel Macron has promised an aggressive push to reform the European Union after the German election. But there is still great unease about opening this Pandora’s box.

Future EU 08-09-2017

In Athens, Macron outlines ‘roadmap’ for European democratic revival

French President Emmanuel Macron sketched a plan to "rebuild" the European Union through wider democracy and public accountability at the start of a two-day visit to Greece on Thursday (7 September).

Climate change is everyone’s business – the ECB is no exception

Whilst the European Union is firmly committed to joining the fight against climate change and developing sustainable finance, the significance of the role the European Central Bank can play is being overlooked, write Ludovic Suttor-Sorel and Frank van Lerven.

Future EU 06-09-2017

Macron to deliver vision for EU democracy in Athens

President Emmanuel Macron will this week unveil his vision for European reform in Athens. On the menu is the eurozone, transnational lists for 50 MEPs and democratic conventions, whose results are expected ahead of the next EU elections. EURACTIV France reports.

Economy & Jobs 01-09-2017

Paris and Berlin at odds over ‘grand bargain’ to deepen eurozone

French President Emmanuel Macron's push for an ambitious overhaul of Europe's single currency bloc is running up against robust resistance in Berlin despite conciliatory public signals from German Chancellor Angela Merkel.

Economy & Jobs 31-08-2017

Half-baked eurozone reforms ‘would put Europe on the line’

Saving the eurozone will require “stronger political will from France and Germany”, a French government spokesman said after a ministerial meeting including German Foreign Minister Sigmar Gabriel in Paris on Wednesday (30 August). EURACTIV's partner Ouest-France reports.

Economy & Jobs 31-08-2017

Europe watches closely as France unveils ‘mother of all reforms’

The French government unveils on Thursday (31 August) a highly anticipated labour reform plan seen at home and abroad as a crucial test of new President Emmanuel Macron's reform mettle.

30-08-2017

French businessmen worried about Brexit

The impact of Brexit concerns French businesses, who fear that this stumbling block to the European project will halt the EU's economic recovery. EURACTIV France reports.

30-08-2017

Germany warned against eurozone reform complacency ahead of election

The political will to keep the eurozone together is eroding inexorably, warns Leo Hoffmann-Axthelm from Transparency International. In an interview, he reminds German politicians about their responsibility in the eurozone crisis, calling for vital governance reforms to be adopted after the September election.

Elections 30-08-2017

Transparency International: German criticism of ECB ‘a tad dishonest’

As Germany prepares for general elections in September, Leo Hoffmann-Axthelm reminds about Berlin’s responsibility in the politicisation of the European Central Bank (ECB), saying it is largely due to German inaction during the Eurozone crisis.

Future EU 30-08-2017

Merkel backs Macron’s call for multi-speed EU, ‘small’ eurozone budget

French President Emmanuel Macron called for a multi-speed Europe on Tuesday (29 August), arguing that a core of "avant-garde" countries should lead the way in deepening EU integration.

Future EU 22-08-2017

Schäuble preparing EU bailout fund reform proposal

German Finance Minister Wolfgang Schäuble is working on a proposal that would allow southern eurozone countries to tap into the single currency bloc's bailout fund to boost investments during recessions, a newspaper reported on Wednesday (23 August).

22-08-2017

HSBC economist: Europe’s south can live with a strong euro

HSBC Germany’s chief economist still sees a bright future for the euro and insists that the heavily-indebted countries of southern Europe should not be put off by the resurgent single currency, in an interview with EURACTIV’s partner WirtschaftsWoche.

Digital 17-08-2017

Ireland says EU demand that Apple pay it €13 billion in back taxes unjustified

Ireland's finance minister said the European Commission's demand that Dublin collect up to €13 billion in back taxes from Apple was unjustified, in an interview with Germany's Frankfurter Allgemeine (FAZ) newspaper.

25-07-2017

Greece prepares for end of bailout era with comeback bond

Greece sold debt to private investors for the first time in three years on Tuesday, a significant step towards gaining financial independence and exiting its third international bailout next year.

17-07-2017

European fiscal board chief: ‘Stop talking about recovery, we are approaching normality’

Arguably, the EU’s economic governance framework is one of the most divisive issues among member states and top priority in Europe’s to-do list of outstanding reforms. Niels Thygesen does not shy away from this challenge. After questioning European Commission fiscal stance for this year recommendation, he proposed a return to a more ‘prudent’ orientation for 2018. In October, he will address one of the hottest topics: whether the application of the Stability and Growth Pact (SGP) unfairly favoured countries like France.

Economy & Jobs 13-07-2017

Macron: Germany is competitive thanks to eurozone weaknesses

Ahead of Thursday’s (13 July) Franco-German Ministerial Council, Friday’s Bastille Day celebrations and Donald Trump’s visit to Paris, President Emmanuel Macron spoke to EURACTIV’s partner Ouest-France about Europe's future, and France’s relations with the US.

Economy & Jobs 13-07-2017

Macron urges greater eurozone convergence, presses Germany to act

The European Union remains an incomplete project and will require changes to its treaties that bring greater convergence between eurozone member states, French President Emmanuel Macron said in comments published on Thursday (13 July).

Economy & Jobs 30-06-2017

France pledges to meet EU deficit target, despite strong headwinds

France will meet the EU deficit limit of 3.0% of GDP in 2017, the prime minister insisted Thursday (29 June), after the public accounts watchdog said it would miss the mark unless it took urgent action.

Economy & Jobs 09-06-2017

Commission must double efforts towards a sustainable financial system

Robust and binding criteria are needed to build sustainable capital markets or we risk that both national legislators and financial investors simply ignore their investment’s impact, or revert to greenwashing, writes Anne van Schaik.

Politics 02-06-2017

ECB rejects appeal against hiring of president’s adviser

The European Central Bank has rejected a staff appeal against the handpicking of President Mario Draghi's policy adviser, batting back the most high-profile challenge to date to hiring practices at the Frankfurt-based institution.

Brexit 01-06-2017

Soros: Britain could reunite with the EU before the divorce is completed

Investor and philanthropist George Soros said today (1 June) that the EU should use Brexit as a “catalyst for introducing far reaching reforms”, transforming itself into an organisation that Britain would like to rejoin before the divorce is completed.

Economy & Jobs 24-05-2017

Schäuble insists EU treaty change now is ‘unrealistic’

Germany's Finance Minister Wolfgang Schäuble said on Tuesday (23 May) that it is "unrealistic" to consider changing European treaties at this stage, calling instead for incremental steps by national governments to move EU integration forward in specific areas.