Political turbulence in Portugal, Italy, Greece and Spain is once again threatening Europe's fragile economy, the European Commission warned in its latest economic forecast, published on Thursday (4 February).
The dynamics of European integration have changed. The EU is no longer moving forward by its power of attraction. Its threats of exclusion have taken a similarly important place, argues Florian Trauner.
Irish Prime Minister Enda Kenny on Wednesday (3 February) called parliamentary elections for 26 February in a small poll that could see disillusioned voters turn away from established parties to back political mavericks.
The National Bank of Romania has released data that shows lending activity increased in the Eastern European country last year, as far as loans paid in lei were concerned. However, lending in foreign currency decreased by 10%. EurActiv Romania reports.
Faced with a series of unprecedented difficulties, the EU has little choice but to move forward swiftly to the next stage of integration. The way to do that is through treaty change, argues Anfrew Duff in his latest pamphlet 'The Frankfurt Protocol'.
Eurozone countries should share more economic risks, beyond what is implied by their banking union, to make the monetary union work better, the European Commission said in a quarterly report on the single currency area.
The independent Annual Growth Survey group (iAGS) highlights the need for investment, in order to secure Europe's economic recovery. French economist Xavier Timbeau says that Juncker Plan has not delivered.
The Greek crisis that kept politicians busy in the summer of 2015 has fuelled particularly negative sentiments among business leaders from the non-eurozone countries, according to a report by Deloitte published today (16 November).
The Spanish economics minister, Luis de Guindos, announced yesterday (9 November) that the OECD expects Spain to meet its fiscal-discipline objectives this year and next, as does the government itself. EurActiv's partner EFE reports.
The European Commission promised MEPs a greater involvement in the so-called European Semester - but, according to Martin Schulz, the executive's latest proposals do not live up to Parliament’s expectations.
The European Commission presented a “realistic” proposal on Wednesday (21 October) to create a single seat for the eurozone in the International Monetary Fund - a controversial idea that has been put aside for many years.
European Union leaders have postponed a deeper discussion of the future of the eurozone until December because of divergent views in the biggest countries and because of the more pressing migration issue, diplomats said.
The eurozone's rulebook and its anti-crisis mechanisms have been bolstered since the sovereign debt crisis hit Europe at the end of 2009. But serious risks still loom large, as growth potential remains low and the bloc's governance framework is “not fit for purpose”, Benoît Cœuré said after a meeting of EU finance ministers this weekend (12 September).
Germany yesterday (1 September) put the brakes on a French push for the eurozone to appoint a new Commissioner with powers to coordinate economic policy across the bloc and preside over fiscal transfers between its 19 members.
Unemployment in the eurozone fell to its lowest level for three and a half years in July, raising hopes that economic recovery in the single currency area is taking hold, official data showed on Tuesday.
French Economy Minister Emmanuel Macron has called for a new start for Europe, telling a German newspaper the eurozone status quo would lead to the currency union's self-destruction and that fiscal transfers between member states are necessary.