Greece's prime minister held out for a commitment from lenders to debt relief on Tuesday (25 April), and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a 22 May target.
For the first time a majority of global investor heavyweights recognise the financial risks of climate change, according to the results of a major global index rating how investors manage such risks. EURACTIV's partner The Guardian reports.
The Italian and Greek governments are counting on France's likely next president Emmanuel Macron to help them see off populist parties that blame European Union-enforced austerity and open immigration policies for economic and social ills.
European Union leaders will warn Britain it cannot assume its big financial services industry will be included in any free trade deal after Brexit, diplomats said on Monday (24 April) after fixing negotiating terms in a draft document.
The International Monetary Fund must hold firm to its stated position in support of debt relief for Greece in meetings of finance ministers that will take place in Washington this week, writes William Rhodes.
The International Monetary Fund (IMF) will participate in the Greek bailout programme on the condition that the country’s debt is sustainable and, thus, a restructuring will be needed, IMF chief Christine Lagarde warned on Tuesday (18 April).
The Portuguese government rolled out an ambitious plan yesterday (13 April) to eliminate its budget deficit by 2020 after slashing the gap to its lowest level in at least four decades last year, while also sharply reducing public debt and spurring growth.
Martin Schulz will not change Germany's approach to austerity if elected chancellor later this year. Neither has he ruled out Greece leaving the eurozone if reforms are not implemented. EURACTIV Germany reports.The Social Democrat leader and former European Parliament president told the Financial Times that the prospect of Greece leaving the single currency …
The European Central Bank judged yesterday (10 April) that it had a successful 2016, claiming in its annual report that it had nurtured economic recovery and that it was the eurozone’s most successful post-crisis year.
Bank of England Governor Mark Carney called today (7 April) for Britain and the EU to reach a sweeping deal to recognise each other’s bank rules after Brexit or risk a potentially damaging hit to financial services across Europe.
In his annual letter to shareholders, the chairman of America’s biggest bank expressed his concern about the consequences of Brexit, as well as the financial deregulation promised by Donald Trump’s administration. EURACTIV’s partner La Tribune reports.
Greece and its international lenders remained at odds in talks to release fresh bailout loans to Athens today (5 April) as Prime Minister Alexis Tsipras said a deal was needed this week and accused creditors of 'playing games' and causing delays.
A new president of the Eurogroup could be elected by the summer break, as the controversy surrounding Jeroen Dijsselbloem has almost put paid to any chance he had of completing his mandate once a new Dutch government is formed.
Unemployment in the eurozone has reached its lowest point since May 2009, according to new Eurostat figures. But despite a slight improvement in 2016, France’s performance remains below average. EURACTIV France reports.