In his speech on the State of the Union, Jean-Claude Juncker insisted on the extension of the eurozone, but not on its deepening. He fears the two-speed Europe defended by Emmanuel Macron. EURACTIV France reports.
Bulgaria has a long way to go before it is ready to adopt the euro but allowing Sofia into the Exchange Rate Mechanism (ERM-2) will be an acknowledgment of the Balkan country's reform efforts, its finance minister said today (2 June).
The Czech Republic should not adopt the euro because it would "bring nothing good," former finance minister Andrej Babis, the front-runner in October's general election, said in an interview today (1 June).
Italy's central bank warned today (31 May) that leaving the eurozone would not solve the country's economic problems, as two major parties campaign to drop the common currency before an election that may come as soon as this autumn.
The political disarray in France’s mainstream parties is encouraging debate about Frexit. The possibility is alarming economists, who fear it would cause a “cardiac arrest” in global finance and make life harder for the poor. EURACTIV France reports.
Germany will press G20 members to sign off on a set of principles including free trade at this week's meeting of the group's financial leaders, in what the Trump Administration may perceive as a challenge to its more protectionist stance.
Emmanuel Macron and Marine Le Pen, the two front-runners in the French presidential race, both chose Lyon to officially launch their presidential campaigns at the weekend (4 February). Europe emerged as the central issue in the race to the Elysée Palace. Euractiv France reports.
Eurozone countries should retreat from the euro single currency and return to a "common currency" structure, French National Front leader Marine Le Pen said on Wednesday (4 January), evoking the era of the ECU basket of currencies.
The euro, used by nearly 340 million people each day in 19 countries, marked its 15th birthday on 1 January without celebration. A Eurobarometer report published in December shows little enthusiasm for the currency in non-eurozone countries.
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.
The European Parliament gave some leeway to Spain and Portugal on Thursday (6) before an expected suspension of EU funds takes place, as MEPs decided to continue their assessment by calling their finance ministers
Former Italian president, prime minister and central bank governor Carlo Azeglio Ciampi, who played a key role in guiding the country into the European single currency, has died, the government said on Friday (16 September).
Germany's Constitutional Court confirmed on Tuesday (17 May) it has received a complaint against the European Central Bank's monetary policy, as reported by the Welt am Sonntag newspaper at the weekend.
Politicians left and right have begun calling for a ban on large-denomination banknotes and restrictions on cash payments as a means of fighting crime, money laundering and terrorism. Their argument is flawed, writes Guillaume Lepecq.
France favours a "stronger organisation" behind the euro led by "a vanguard of countries", President François Hollande said in an interview in which he pays respect to former Commission President Jacques Delors, who turns 90 today.