EurActiv.com

EU news and policy debates across languages

11/12/2016

Jean Tirole: ‘I hope Europe and the UK can prevent Brexit’

Topic: EMU


Euro & Finance 09-12-2016

European Fiscal Board chief: Commission's analysis 'made a bit too quickly'

The new European Fiscal Board began working just as the European Commission took the unprecedented step of proposing a fiscal target for the eurozone. The Board’s chief, Niels Thygesen told EurActiv.com that the Commission should have done “more analysis” before proposing an expansionist stance.
Euro & Finance 09-12-2016

Unhappy birthday: EU low-key on Maastricht's 25th anniversary

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.
Euro & Finance 07-12-2016

Christmas spirit lacking in Greek bailout wrangles

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.
Euro & Finance 06-12-2016

Member states support extension of Juncker Plan with EU funds

EU finance ministers on Tuesday (6 December) backed the European Commission’s proposal to expand the investment plan to mobilise at least €500 billion by 2020.
Elections 06-12-2016

Euro gains as Italian vote goes as expected by traders

The euro jumped against the US dollar on Monday (5 December) after Italian Prime Minister Matteo Renzi's loss in a referendum over constitutional reform, a defeat that traders had widely expected.
Euro & Finance 06-12-2016

Eurozone agrees short-term debt relief for Greece amid IMF row

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.
Euro & Finance 05-12-2016

Eurogroup ignores Commission’s expansionary fiscal target

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).
Euro & Finance 05-12-2016

Eurozone seeks compromise on Greek debt ahead of IMF deadline

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.
Euro & Finance 05-12-2016

Time for EU leaders to deliver on commitments to Greece

The Eurogroup will today (5 December) examine the progress Greece has made so far. Now the EU must deliver on their own commitments, write Dimitrios Papadimoulis, Udo Bullmann and Pervenche Berès.
Elections 29-11-2016

Fillon: French Sovereignty and European integration?

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.
Euro & Finance 29-11-2016

Moscovici says EU and Greece 'very close' to opening vital debt talks

Greece and its European creditors are "very close" to an agreement that would open the way to vital debt talks, EU economy commissioner Pierre Moscovici said on Monday (28 November).
Euro & Finance 21-11-2016

ECB chief outlines three risks still facing Eurozone recovery

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.
Future EU 17-11-2016

European citizens, time to wake up!

The triumph of populism in Britain and the US should act as a wake-up call for citizens to support greater ambition for the European project, write signatories from the May 9 Movement.
Euro & Finance 17-11-2016

Brussels makes timid fiscal push to reverse austerity, counter populist wave

The European Commission stepped up its efforts to leave austerity behind on Wednesday (16 November) by advocating for the first time a timid expansionary fiscal policy for the eurozone and forgiving Spain and Portugal for breaching EU budget rules.
Euro & Finance 15-11-2016

Athens hopes Obama’s visit will pressure Germany over debt

The outgoing US President said he would press for “meaningful debt relief” in order to help Greece return to growth.

Academic: 'Clear evidence that cohesion policy has a significant impact'

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.
Euro & Finance 09-11-2016

Commission cuts growth forecast for both EU and eurozone in 2017

Europe’s economy will grow less than initially expected as domestic and global risks have intensified, mainly in the wake of the UK referendum and the increased opposition to globalisation.
Euro & Finance 09-11-2016

Italy and Spain: A tale of two deficits

While Italy has opted for a confrontational approach to clinch budget spending leeway from the European Commission, Spain is hoping that better-than-expected growth will placate EU demands.
Euro & Finance 08-11-2016

Eurozone says more debt relief for Greece 'impossible' for now

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.
Euro & Finance 04-11-2016

Guindos' reappointment hailed by Eurogroup, Commission

EU officials in Brussels welcomed the confirmation of Luis de Guindos as Spain's economic affairs minister for a second term. The man is considered as an “extremely able” envoy of the Madrid government.
UK & Europe 02-11-2016

72% of UK bankers think London will keep 'financial centre status' post-Brexit

Almost three-quarters of British bankers believe London will still be the financial centre of Europe in five years' time, despite risks surrounding Brexit, according to a study published Wednesday (2 November).
Elections 31-10-2016

Spanish crisis gives way to new political battles

When conservative political survivor Mariano Rajoy takes control of Spain once again this week he will be faced with unprecedented opposition as he grapples with painful economic reforms and resurgent Catalan separatism.
Euro & Finance 26-10-2016

EU questions budgets of seven eurozone countries

The European Commission yesterday (25 October) demanded "clarifications" from seven eurozone countries over their draft budgets, expressing particular concern that Italy, Cyprus and Finland are not meeting EU targets.
Euro & Finance 25-10-2016

Jean Tirole: 'I hope Europe and the UK can prevent Brexit'

Brexit triumphed through demagogy and populism, according to the economist Jean Tirole, who calls for a U-turn to prevent Europe falling to the forces of separatism.