The European Commission wants all EU member states to introduce minimum wages for their workers and unemployed, the President of the EU executive said on Monday (23 January), in an effort to combat growing social inequality and poverty.
Commissioner for Economic Affairs Pierre Moscovici agrees with the 'wait and see' approach toward new US President Donald Trump mostly shared by the global elite in the in Davos. But he sees more nationalism and protectionism coming from the White House.
European Central Bank (ECB) President Mario Draghi yesterday (19 January) announced the institution’s monetary policy would remain unchanged and asked for more patience as the economic recovery continues. EurActiv Spain reports.
The European Central Bank faced a multi-pronged assault today (13 January) as former Italian Prime Minister Silvio Berluscon was revealed to have filed a case against the bank and Germany’s finance minister told it how to do its job.
The sale of three small Italian banks, rescued in 2015, to bigger rival UBI has been delayed by at least a week at the request of the European Commission, three sources close to the matter have told Reuters.
2016 did not fall short on anxiety over the eurozone’s fragile economic recovery. From feeble growth to fierce backlash, to full-blown uncertainty, here are three trends that look all but certain to spill over into 2017, writes Ilaria Maselli.
Social equality is seen as the most important priority today and an essential building block for the future of Europe, although Europeans oppose creating an EU economic government, according to an EU-wide opinion poll.
Ireland set out its arguments on Monday (19 December) against a European Commission ruling that tech firm Apple should pay billions in back-taxes to Dublin, claiming the EU executive arm has interfered in state sovereignty.
The European Central Bank must stick to its price stability mandate and not be swayed by politics, Germany's top central banker said Friday (16 December), warning against extending loose monetary policy for too long.
Germany prevented a new attempt to break the deadlock on a European Union plan to boost financial stability in the banking sector by watering down a joint statement of an EU leaders' summit, the bloc's officials said yesterday (15 December).
The European Commission and European Central Bank have told Spain that it must complete the privatisation of the Bankia and BMN banking institutions, in order to shore up its financial sector. EurActiv Spain reports.
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).