A spike in unemployment numbers would give EU countries access to €30 billion of soft loans to maintain investment in times of economic turbulences, according to proposals unveiled by the European Commission on Thursday (31 May).
Populist forces in Italy are “playing with fire” and exposing the country to market pressure, vice-president of the Socialist Group in the European Parliament Maria João Rodrigues warned in an interview.
The European Commission on Wednesday (23 May) approved Italy’s efforts to balance its public accounts but asked the new government for a “credible response” in order to further reduce its immense public debt.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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".