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EU news and policy debates across languages

24/07/2016

The 2017 EU budget: How to tackle current crisis without endangering economic growth

Euro & Finance


UK & Europe 22-07-2016

‘Dramatic deterioration’ in UK economy since Brexit

The British economy has suffered a “dramatic deterioration” in the four weeks since the UK voted to leave the EU, new figures on Friday (22 July) showed, prompting the country’s new Chancellor to warn he may have to “reset fiscal policy” in the autumn.
EU Priorities 2020 22-07-2016

EU budget for 2017: Cohesion down, security up

Payments for cohesion are down by 23.94% in the 2017 draft budget compared to 2016, but payments for the heading “Security and citizenship” are up by 24.42%. The Parliament is yet to give its opinion on what looks like an unusual budget.
Euro & Finance 21-07-2016

MEPs step in to ease sanctions over deficit rules

The European Parliament’s intervention “would benefit” Spain and Portugal, as they face the freezing of millions in EU funds for having breached fiscal rules, sources told EurActiv.com.
Euro & Finance 19-07-2016

German and French firms take biggest share of ECB credit splurge

The European Central Bank snapped up debt of blue-chip names such as BMW, Sanofi and BASF as Germany and France accounted for the lion's share of its first batch of corporate bond purchases.
Euro & Finance 19-07-2016

Commission’s private-sector ‘revolving door’ should work in public interest

Former Commission President Barroso’s job offer at Goldman Sachs has prompted outrage. But the real problem is the EU’s lack of transparency and democratic oversight. Interaction with the private sector through the so-called “revolving door” should be encouraged, write Katinka Brouwer, Penelope Bergkamp and Dr Lucas Bergkamp.
Euro & Finance 18-07-2016

Spain and Portugal pledge new measures to avoid EU deficit fines

Both Spain and Portugal have submitted their arguments to the European Commission in a bid to avoid penalties for breaching the fiscal rules, expected to be announced on 27 July.
Energy 18-07-2016

Multi-billion EU carbon market fraud operated from Poland

The founder of Poland's biggest carbon quota brokerage firm, whose name appeared in connection with the Panama Papers, has been found guilty of VAT fraud and sentenced to jail in France. Warsaw denies wrongdoing, calling the multi-billion fraud an "unfortunate incident". EurActiv France reports.
Euro & Finance 15-07-2016

Correcting the eurozone’s imbalances could save the EU

The eurozone’s problems are not just caused by poor management in the South, but by its asymmetrical architecture and unfair implementation of the rules. A fiscal capacity would level the playing field and answer the Eurosceptics, writes Ernest Maragall.
Euro & Finance 14-07-2016

UK Commissioner: After Brexit, resigning was the right thing to do

Britain’s outgoing Commissioner Jonathan Hill has said he resigned as a matter of principle after the UK’s vote to leave the European Union because the public feel that politicians do not take enough account of their opinions.
Euro & Finance 14-07-2016

The threat of populism must be a non-issue in decision to fine Portugal and Spain

Stability and Growth Pact rules must be applied to the letter if the eurozone is to keep any kind of credibility. Populism must not be used as an excuse to reward irresponsible budgetary policies, argues Friedrich Heinemann.
Euro & Finance 14-07-2016

Decision-making and disarray in the EU

The EU’s complex bureaucracy has prevented it from dealing with crises effectively, writes Antonia Colibasanu.
Euro & Finance 13-07-2016

Monaco signs up to EU's tax transparency scheme

The EU has signed a fiscal transparency agreement with Monaco in an attempt to stop Europeans hiding undeclared income in the Mediterranean principality. EurActiv Spain reports.


Euro & Finance 13-07-2016

Panama Papers parliament committee keen to avoid LuxLeaks mistakes

The initial outrage provoked by the Panama Papers is over. Now that the dust has settled, a European Parliament committee will examine the case in detail. EurActiv Germany reports.
Euro & Finance 12-07-2016

Commission threatens Spain and Portugal with fines

The EU threatened Spain and Portugal Tuesday (12 July) with huge fines for failing to fix years of high deficits, in the first time Brussels has wielded its disciplinary powers over member states' budgets.
Euro & Finance 12-07-2016

Single market strategy can be a key driver for competitiveness, growth and job creation

The holistic approach laid out in the Commission’s Communication Upgrading the Single market: more opportunities for people and business, is a step in the right direction to maximise the benefits of the single market, argues Michael Freytag.
Euro & Finance 12-07-2016

Civil servants join call to cut Barroso's EU pension after Goldman Sachs hire

The main trade union of EU civil servants has added its voice to the chorus of politicians demanding that the European Commission take an "appropriate decision" on José Manuel Barroso's new position at Goldman Sachs. EurActiv France reports.
Euro & Finance 11-07-2016

Joschka Fischer: Stabilise the eurozone to defuse 'hurricane' Brexit

The EU will survive the Brexit storm, but it should stabilise the eurozone, said former German foreign minister and Vice-Chancellor Joschka Fischer in an interview with EurActiv.com, adding that France and Germany should lead the change.
Euro & Finance 08-07-2016

Paris pulls out all the stops in effort to poach London's financial sector

The French government is bending over backwards with promises of tax cuts, in order to present Paris and the eurozone as a safe haven from the uncertainty of Brexit, and the risk of economic depression in the United Kingdom. EurActiv France reports.
Euro & Finance 07-07-2016

EU declares Spain, Portugal in violation of deficit rules

The European Commission on Thursday (7 July) officially declared Spain and Portugal in violation of the EU rules on government overspending, the first step towards unprecedented penalties against members of the 28-country bloc.
UK & Europe 07-07-2016

France, Luxembourg roll out red carpet for post-Brexit business

British Prime Minister David Cameron once gleefully offered to "roll out the red carpet" for French executives wanting to escape staggering wealth taxes.
Euro & Finance 07-07-2016

ECB threatens legal action against Slovenia after police raid

The European Central Bank threatened to take legal action against Slovenia yesterday (6 July) after police seized documents from the country's central bank in a rare conflict between authorities and one of the eurozone's most respected institutions.
UK & Europe 06-07-2016

Germany warns of EU tax race after Osborne’s 15% plan

German Finance Minister Wolfgang Schäuble warned on Wednesday (6 July) of an EU-wide tax war, with states cutting their corporate tax rates, in the wake of Brexit and the UK’s announcement it will cut rates to 15%.
Euro & Finance 06-07-2016

New €50 note will not end forgeries, says German police chief

The chairman of the German police union, Rainer Wendt, has warned that the new €50 note will not be completely safe from forgers. EurActiv Germany reports.
Euro & Finance 06-07-2016

The 2017 EU budget: How to tackle current crisis without endangering economic growth

The European budget is vital for research, SMEs, job creation and tackling the EU’s external challenges. The European Parliament must fight to ensure this budget is up to the task, writes Siegfried Muresan.