Economic governance

Economy & Jobs 07-05-2018

Merkel allies reject idea of European finance minister

Leading politicians from Chancellor Angela Merkel's Christian Democrat party want to pass a resolution at a meeting this week to reject any pooling of debts in Europe and any common fiscal policy without national parliamentary controls, Handelsblatt reported.
Economy & Jobs 20-04-2018

Merkel urges ‘compromise’ on eurozone reform

Germany's Angela Merkel called for a spirit of "compromise" on reforming the euro zone at a meeting on Thursday (19 April) with French President Emmanuel Macron, who pressed for "solidarity" among members of the currency union.
Economy & Jobs 19-04-2018

Macron visits Merkel in bid to salvage eurozone reform plans

French President Emmanuel Macron heads to Berlin Thursday (19 April) for talks with Chancellor Angela Merkel, hoping to breathe fresh life into his grand vision for EU reforms in the face of growing German resistance.
Banking union 16-04-2018

Not all Macron’s EU reforms possible, German finance minister says

German Finance Minister Olaf Scholz said EU reforms proposed by French President Emmanuel Macron should be addressed before European elections next year, but added that some of the proposals were not feasible.
[Shutterstock]
Economy & Jobs 03-04-2018

EIB needs to commit to responsible taxation policy, NGO coalition says

On the second anniversary of the Panama Papers tax scandal, the European coalition of development and environmental non-governmental organisations Counter Balance calls the European Investment Bank (EIB) to develop a comprehensive and responsible taxation policy.
07-03-2018

Commission passes the ball on sovereign debt rules

European Commission Vice-President Valdis Dombrovskis said on Wednesday (7 March) that he does not intend to amend the regulatory treatment of sovereign debt held by banks following inconclusive discussions at international level.
27-02-2018

MEPs demand improving nomination process to support De Guindos

The EU legislators requested from the member states on Tuesday (27 February) improvements to the selection process of the bloc's top posts before giving their blessing to the appointment of Luis de Guindos as ECB vice-president.
20-02-2018

More banker than politician? De Guindos faces ECB litmus test

Widely credited with steering Spain through its worst recession in decades, its outgoing Economy Minister Luis de Guindos will hope to bring pragmatism and tenacity to the European Central Bank when he takes over as vice president in June.
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 07-02-2018

German pay deal heralds end of wage restraint in Europe’s largest economy

A hard-fought deal on pay and working hours for industrial employees in southwestern Germany sets a benchmark for millions of workers across Europe's largest economy and heralds wage growth in the coming years.
02-02-2018

EU lobbying rules must apply at the ECB

The European Central Bank should meet the same demands as the Commission when it comes to lobbyists in its advisory structure, insists the Corporate Europe Observatory.
EU Priorities 2020 31-01-2018

World Economic Forum: Full coverage from Davos

Between 23 and 26 January, the Swiss mountain village of Davos hosted the 48th World Economic Forum Annual Meeting. The programme, initiatives and projects of this year's meeting focused on the theme Creating a Shared Future in a Fractured World. EURACTIV's editor-in-chief Daniela Vincenti and business editor Jorge Valero reported extensively from Davos.
Economy & Jobs 24-01-2018

PwC boss: Businesses ‘sceptical’ about Merkel-Macron EU reform push

Europe will be high on the agenda of the World Economic Forum on Wednesday (24 January), as French President Emmanuel Macron and German Chancellor Angela Merkel take the stage in Davos. But there is “a lot of scepticism” about what the two leaders can do to push forward EU integration, PwC’s chief Bob Moritz told EURACTIV in an exclusive interview.
24-01-2018

Commission not using crisis early-warning tool well, EU auditors say

For political reasons, the European Commission is not using effectively a procedure intended to provide early warning of brewing economic crises, the European Court of Auditors said yesterday (23 January).
EU Priorities 2020 15-01-2018

The Brief – Guindos, Spain’s best option for ECB post?

Candidates for the ECB vice-presidency will put forward their names next week. For Spain, there is more at stake than meets the eye as it almost feels this is one of its last chances to regain some clout in Europe, writes Jorge Valero.
Economy & Jobs 14-01-2018

Berlin and Paris step up push for eurozone reform deal

Emboldened by a preliminary coalition deal between Chancellor Angela Merkel and the Social Democrats (SPD), Germany and France will try to inject new momentum into their stalled EU reform efforts this week when their finance ministers meet in Paris.
Economy & Jobs 12-01-2018

Turning the page on the eurozone crisis: Economy and Finance in 2018

On the tenth anniversary of the financial crisis, the European Union will definitively turn the page on the worst economic crisis in its history with the closure of the Greek rescue programme and the last excessive deficit procedures, while adopting the biggest overhaul of its financial sector in years.
Economy & Jobs 09-01-2018

In 2018, expect the euro area economy to put on the brakes – but not for the reason you may think

The euro area economy has at last started to begin recovering convincingly from the past decade’s two recessions. But two big factors will moderate growth in 2018, writes Ilaria Maselli, citing the ageing workforce in Germany as being of particular concern.
05-01-2018

A three-step plan for a better European Monetary Fund

The European Commission's ESM reform plans are so one-sided that they can only exacerbate the Eurozone’s existing problems and deepen the gulf between creditor and debtor states, writes Clemens Fuest.
Economy & Jobs 13-12-2017

Macron shifts focus away from eurozone reform to court Merkel

French President Emmanuel Macron, concerned that a divisive discussion over eurozone reform might undermine his broader European agenda, has begun prioritizing other areas of EU cooperation, French officials say.

Tensions arise between Tusk and Commission over migration

The Commissioner for Migration Dimitris Avramopoulos described on Tuesday (12 December) European Council President Donald Tusk’s proposals on migration intended for the EU leaders’ summit later this week as "unacceptable" and  "anti-European".
Elections 08-12-2017

Schulz calls for ‘United States of Europe’ as SPD agrees talks with Merkel

Germany's Social Democrats, the country's second strongest party, agreed Thursday (7 December) to kick off exploratory talks with Chancellor Angela Merkel's conservatives that could lead to a new coalition government early next year.
Economy & Jobs 07-12-2017

Commission wants single eurozone seat at IMF plan adopted by end of mandate

The European Commission is pushing for the adoption, by mid-2019, of the proposal to create a unified seat at the International Monetary Fund, as part of its package to strengthen the economic and monetary union presented on Wednesday (6 December).
06-12-2017

EU’s tax haven list leaves out member states and British territories

After intense negotiations, EU member states point their finger at 17 tax havens in a somewhat succinct blacklist that disappointed officials, MEPs and transparency activists. EURACTIV France reports.