A quarter of a century after the summit in the Dutch town of Maastricht that gave birth to the euro, the EU will mark the anniversary today (9 December) with little fanfare as it battles a wave of crises.
Italy's dismissal of Matteo Renzi's reform package sent a clear signal to the other member states that Rome is incapable of solving its economic woes alone, researcher Dr Paweł Tokarski said in interview with the SWP.
Greece thanked creditors for modest debt relief on St Nicholas Day in Brussels but did not hide disappointment it won't get the Christmas gift it wants – a pass on the latest phase of its bailout programme.
Eurozone finance ministers on Monday approved new debt relief measures to alleviate Greece's colossal debt mountain in the wake of its huge €86 billion bailout, but at levels far short of those demanded by the IMF.
Some eurozone members have expressed their willingness to invest more but did not take on board the executive’s proposal for a common positive fiscal stance to boost the bloc’s recovery, at a Eurogroup meeting held today (5 December).
Eurozone finance ministers hope to reach a compromise on Greek reforms on Monday (5 December) in a final bid to get International Monetary Fund support for its bailout programme by the end of the year.
The centre-right candidate for next year's French presidential election presents himself as a defender of French sovereignty who wants to limit the powers of the European Commission. But he also supports further European integration in some areas. EurActiv France reports.
Geopolitical events including the election of Donald Trump and Britain's Brexit vote are the main reasons for the current economic uncertainty, European Central Bank chief Mario Draghi told EU parliamentarians on Monday (28 November).
The profitability of European banks, weak inflation and the recovery's dependence on accommodating monetary policy are the three immediate risks facing the Eurozone, Mario Draghi has said. EurActiv’s partner Milano Finanza reports.
Donald Trump’s promise to cut red tape in the financial sector is one of the few areas the president-elect has been consistent. Despite his anti-Wall Street rhetoric, the billionnaire is close to America's financial hub. EurActiv's partner La Tribune reports.
The EU’s cohesion policy, which aims at closing the development gap between rich and poor regions, has succeeded in boosting local growth although many people aren't aware of it, professor John Bachtler said in an interview with EurActiv Greece.
Global stock markets rallied Wednesday (9 November) in response to Donald Trump's capture of the White House, recovering from the sharp downturn overnight in the initial aftermath of Hillary Clinton's shock defeat.
Italian Prime Minister Matteo Renzi lashed out yesterday (8 November) over Brussels' "diktats" in the latest attack on the European Commission ahead of a referendum that could decide his political future.
Eurogroup head Jeroen Dijsselbloem and German Finance Minister Wolfgang Schäuble, in a move likely to anger Athens and the IMF, warned yesterday (7 November) it would be impossible to draw up fresh debt relief for Greece by year's end.
Italy should stop attacking the European Commission over its fiscal policy, the EU executive's president said on Monday (7 November), as Rome and Brussels quarrel over an expansionary budget proposed by Italian Prime Minister Matteo Renzi.
The European Parliament is expected on Thursday (10 November) to announce that it does not intend to accept new international standards that would require banks to have greater capital reserves. EurActiv’s partner Milano Finanza reports.
Spain's leader Mariano Rajoy, starting a second term after months of political paralysis in his country, formed a new cabinet last night (3 November) that looks set to maintain controversial economic reforms and cement EU ties.