Jorge Valero

Economy & Jobs 20-02-2018

De Guindos champions pragmatism at the ECB’s helm

Designated ECB vice-president, Spain’s minister of Economy Luis de Guindos, said on Tuesday (20 February) that the existing expansionary monetary stance should be for “extraordinary times”, as he described the European recovery as solid.
Economic governance 20-02-2018

Eurogroup picks ‘pragmatic’ De Guindos for ECB vice-presidency

Eurozone finance ministers chose Spanish Economy Minister Luis de Guindos to become the next vice-president of the European Central Bank (ECB), marking the return of Spain to top EU posts after the country lost its chair in the bank's Executive Council.
Economy & Jobs 19-02-2018

The Brief – Run, MFF, run

Optimism is a moral duty, especially when Commissioners and MEPs set their sights on brokering the EU's long-term budget in record time.
Economy & Jobs 16-02-2018

Soros met with senior ECB official to discuss eurozone integration

Investor and philanthropist George Soros held a private meeting with a senior ECB official last November to discuss eurozone integration, according to official documents published on Friday (16 February).
Economy & Jobs 15-02-2018

Parliament and member states on collision course over ECB nomination

MEPs revived the race for the ECB vice-presidency this week and said they considered Ireland's central banker Philip Lane to be more convincing than the frontrunner, Spain's economic minister Luis de Guindos.
Economy & Jobs 13-02-2018

The Brief – Stop the crypto-frenzy

The value of cryptocurrencies, especially bitcoin, has fallen over the last few weeks at the same pace that the number of warnings about digital currencies has increased.
Economy & Jobs 08-02-2018

Moscovici ‘not worried’ about market turbulences, raises EU growth forecast

European Commissioner for Economic Affairs Pierre Moscovici said on Wednesday (7 February) he is not worried about the volatility seen in markets, as the Commission revised upwards its growth forecast to 2.3% this year and 2% in 2019, both for the eurozone and the EU as a whole.
Economy & Jobs 07-02-2018

De Guindos leads race to win ECB vice-presidency

Spain’s Economy Minister Luis de Guindos and Ireland’s Central Bank Governor Philip Lane will fight for the ECB vice-presidency to be discussed by the Eurogroup later this month.

Commission to introduce rules to clarify ‘green’ investment in May

Following the action plan on sustainable finance to be published early next month, the European Commission will present legislation in May to define what represents 'green' investment, EURACTIV has learned.
Economy & Jobs 02-02-2018

The Brief – Draghi’s herculean fight for transparency

If central bankers were the ‘heroes’ of the post-financial crisis recovery, Mario Draghi shined among them. But the heel of Europe’s Achilles has been exposed so much that it could jeopardise what he set out to protect: the public good.

Expert group recommends setting up European standards for ‘green bonds’

An EU sustainability taxonomy, a definition of priority investment areas, the clarification of investor duties and development of “official” European sustainability standards for green bonds are some of the recommendations experts made to the European Commission on Wednesday (31 January).
Future EU 29-01-2018

Davos wrap-up: A sense of optimism on Europe and the global economy

Optimism about the future of Europe and the outlook of the global system became dominant during the World Economic Forum that concluded last week, despite doubts about the integration process of the bloc and risks affecting the world economy remain.