In contrast with Cyprus, a lack of political will among Greece's political parties and appetite for cooperation has kept the country locked in a painful bailout programme, experts have warned. EURACTIV Greece reports.
The anti-establishment Five Star Movement, Italy's most popular political party, said yesterday (23 March) a referendum on the euro was not its top priority and that it hoped Europe would reform before a ballot could be arranged.
EXCLUSIVE / EU Budget Commissioner Günter Oettinger has told EURACTIV.com that the €60 billion bill floated as the price of Brexit is "not totally wrong", just days before Britain triggers Article 50, the legal process to leave the bloc.
Eurogroup chief Jeroen Dijsselbloem on Wednesday (22 March) expressed "regret" over his comments that southern European countries blew their money on "drinks and women" but rejected calls to resign, despite a growing chorus of indignation.
Italy's plans to bail out two regional banks pose a dilemma for European regulators, who are still considering whether Monte dei Paschi qualifies for state aid, three months after giving a preliminary green light.
The publication of Prosperity Without Growth in 2009 was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly-prized goal of politicians and economists alike.
Romania’s regional development minister has told the nation’s mayors that there is no more money left for co-financing European projects, since the limit has already been reached and the country tries to keep its deficit under 3%. EURACTIV Romania reports.
France’s Socialist presidential candidate made the pilgrimage to Brussels on Tuesday (21 March) to try and drum up support for his EU programme. But the Commission remains unconvinced by Benoît Hamon’s plans to democratise eurozone governance. EURACTIV France reports.
EU finance ministers have presented a compromise text for the Financial Transaction Tax (FTT) and urged Slovakia and Belgium, which is accused of deliberately blocking negotiations, to ratify it. EURACTIV France reports.
As the Rome Declaration is finalised, Portuguese Partido Socialista MEP Maria João Rodrigues (S&D) provided insight yesterday (21 March), about what ideally should be in it, in anticipation of its unveiling.
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.
Acting Dutch Finance Minister Jeroen Dijsselbloem said yesterday (20 March) that he would have a discussion with his eurozone colleagues about his continuation as Eurogroup president, following the electoral debacle of his party in The Netherlands.
CIVICO-Europa, an informal group set up by opinion leaders and later supported by politicians, presented today (20 March) a manifesto for the future of Europe, based on “doing much better together”, rather than the traditional way of “doing more”.
The European Stability Mechanism (ESM) – the eurozone's bailout fund – should ultimately be turned into a European version of the International Monetary Fund IMF, according to the head of eurozone finance ministers.
Jeroen Dijsselbloem could well lose his role as chair of the EU body coordinating eurozone policy after his party was routed in the Dutch election. But there is a chance he could retain his position even if he is no longer finance minister in a new coalition.
The European Commission is still concerned that Romania will go from registering the highest growth in the EU to racking up the biggest budget deficit. But Bucharest insists there is no cause for concern. EURACTIV Romania reports.
The economic imbalances of the eurozone are undermining citizens’ confidence in the European project. Cutting Germany’s trade surplus could help redress the balance, Jérôme Creel said in an interview with EURACTIV France.
The LuxLeaks and Panama Papers scandals got hardly any attention in Central and Eastern European countries, Ondřej Kopečný told EURACTIV.com. The tax campaigner called on Brussels to push for greater awareness of the dangers of tax evasion in the region.
Benoît Hamon’s proposal of an international treaty between the eurozone countries to increase democratic control of the single currency has raised eyebrows on the left, where such sovereigntist manoeuvring is viewed with suspicion. EURACTIV France reports.
EU leaders agreed to slice up a controversial bill to open the first EU public prosecutor's office, with some backers calling it a victory of “multi-speed Europe” because it will free countries that opposed the new set-up to drop out.