EurActiv.com

EU news and policy debates across languages

28/09/2016

Sir Julian King: ‘We now support the evolution of the eurozone, without trying to hold it back’

Topic: EMU


UK & Europe 16-09-2016

Capital flight: The City will decline outside EU, and Britons will be the poorer for it

The effects of Brexit may not be felt immediately, but it spells the end of the City as we know it. The last 15 years will go down as London’s golden age and be sorely missed, writes Nicolas Véron.
Euro & Finance 15-09-2016

Stiglitz: The 'easiest way would be for Germany to leave Europe'

Joseph Stiglitz, winner of the Nobel Prize in economics, has blasted Germany's austerity measures and the management of the eurozone. EurActiv Germany reports.
Euro & Finance 12-09-2016

As elections near, French politicians renew assaults on EU budget rules

Nobody yet knows the winner of France's presidential election next year, but the smart money is on one loser: the 3% cap on government deficits enshrined in eurozone rules.
Euro & Finance 12-09-2016

ECB warns against weak application of deficit rules

The ECB issued a strong warning to the EU institutions on Friday (9 September) about the “long-term consequences” of poor implementation of the fiscal rules, in the aftermath of the partial pardons given to Spain and Portugal, after they missed their deficit targets.
Euro & Finance 08-09-2016

Latvian minister to miss Bratislava meeting - to play chess

Buoyed by her defeat of the best woman player in the world, Latvia's finance minister is to skip a top EU meeting this week to pursue her passion for chess, her spokesman said Wednesday (8 September.)
Euro & Finance 08-09-2016

Brussels willing to grant Spain more time to submit fiscal measures

EU officials have responded with a conciliatory tone to Spain’s difficulties in meeting agreed fiscal targets as new elections loom in December to break the ongoing political stalemate.
Global Europe 31-08-2016

G20 is a test for Europe

The G20 summit, which opens this weekend in China, will see the EU in defensive mode, shaken by Brexit, the refugee crisis and on-going structural problems in the Eurozone, writes Fraser Cameron.
Future EU 23-08-2016

'Big Three' leaders insist EU not finished after Brexit

The leaders of Italy, France and Germany insisted Monday (22 August) that Britain's shock decision to quit the European Union would not kill the bloc. Merkel suggested she could be flexible over EU budget rules, as Rome grapples to kickstart its stalling economy.
Elections 19-08-2016

Rajoy says ready for confidence vote on forming government

Spain's acting prime minister Mariano Rajoy, bidding to end an eight-month political stalemate, said yesterday (18 August) he was ready to face a confidence vote on forming a new government after agreeing terms for a pact with centrist rivals.
Euro & Finance 19-08-2016

ECB stresses 'readiness to act' in face of Brexit headwinds

European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain's vote to quit the EU, according to minutes of their July meeting released on Thursday (18 August).
Future EU 18-08-2016

Renzi, Merkel, Hollande to meet for EU talks post-Brexit

Italian Prime Minister Matteo Renzi will meet with German Chancellor Angela Merkel and French President François Hollande on an Italian island on Monday (22 August) to discuss the EU's way forward after Britain's shock vote to quit the bloc.
Euro & Finance 29-07-2016

Commission and IMF clash over influence of politics over bailout programmes

The European Commission has said that stabilising the eurozone was "eminently a political issue" after an independent probe into the IMF's handing of sovereign bailouts found it was vulnerable to pressure from governments.
Euro & Finance 28-07-2016

Commission split on credibility of rules as Spain and Portugal get ‘pardon’

A strong group of commissioners was in favour on Wednesday (27 July) of imposing at least a symbolic fine on Spain and Portugal for breaching the Stability and Growth Pact, but Jean-Claude Juncker opted for a zero penalty - supported by German Finance Minister Wolfgang Schauble.
Euro & Finance 27-07-2016

Italy and Spain test EU’s 'intelligent' use of economic rules

The European Commission is expected to fine Spain on Wednesday (26 July), but it will give two extra years to Madrid to adjust its budget - while the commissioners pledge a solution for Italian banks that will protect small investors.
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 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.
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

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.
Elections 13-07-2016

Macron positions himself as France’s europhile presidential candidate

Emmanuel Macron's En Marche movement is gaining momentum, but he has yet to officially launch his 2017 presidential campaign. The minister is the only potential presidential candidate to put Europe at the heart of his message. EurActiv France 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 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 06-07-2016

Sir Julian King: 'We now support the evolution of the eurozone, without trying to hold it back'

The man tipped to become Britain's next EU Commissioner in Brussels, replacing Johnathan Hill, spoke to EurActiv.fr in an exclusive interview before the UK's referendum on EU membership. This is a translated version of the interview, originally given in French.