Euro & Finance

Economy & Jobs 18-06-2020

Montchalin: €500 billion in budgetary allocations to ‘be maintained at all costs’

Ahead of tomorrow's EU summit (19 June), France's European Affairs Minister Amélie de Montchalin told EURACTIV's partner Ouest-France in an interview that the EU27, including the "frugal four", are moving towards accepting an EU recovery programme, but that it would not work without reforms and long-term investment.
Economy & Jobs 10-06-2020

Ex-Eurogroup boss: Nobody is so stupid to propose to ‘just go back under 3% deficit’

As one of the most influential Eurogroup figures during the previous crisis, Thomas Wieser chaired the preparatory meetings of eurozone finance ministers between 2011 and 2018. In an interview with EURACTIV, the American-Austrian economist described the EU’s fiscal rules as “bad practical economics”, in particular for handling a crisis such as the current one.
Global Europe 18-04-2020

Gurría calls for further European integration, debt mutualisation in eurozone

The economic and health priorities in the coronavirus crisis are the same - to stop the contagion, according to the OECD General Secretary, Angel Gurría, who insists on the need for more globalisation and further multilateralism and also advocates for greater European integration.
Economy & Jobs 10-04-2020

Dombrovskis: ‘I could imagine containment costs covered by ESM loans’

Following the Eurogroup’s agreement on the economic response to the coronavirus, European Commission vice-president Valdis Dombrovskis on Friday (10 April) welcomed the €540 billion package in an exclusive interview with EURACTIV.com
Economic governance 26-02-2020

Dombrovskis: EU’s fiscal rules are flexible for impact of coronavirus

The European Commission will be "flexible" with Italy and other member states affected by the coronavirus when assessing their efforts to balance their public accounts, European Commission vice-president Valdis Dombrovskis said in an interview.
Economy & Jobs 27-01-2020

Centeno: ‘I do see good reasons to support green investment under the fiscal rules’

Speaking to EURACTIV in Davos, Eurogroup President Mario Centeno remained hopeful about the eurozone's stalled reform process, saying there are “good reasons” to support ‘green’ investment as part of a broader review of EU fiscal rules due later this year.

EU Central Bank should step up its climate act, French MEP says

In an interview with EURACTIV France, socialist MEP Pierre Larrouturou deplored the meagre €7.5 billion proposed in the European Commission's Just Transition Fund. To finance EU climate action, he suggests some of the ECB's "easy money" could fuel the European Investment Bank (EIB) instead of going into private banks.

EU banking regulator: ‘No green economy if we encourage banks to be insolvent’

Europe wants to use all the tools available to transit toward a 'green' economy. But ‘green’ lending should not be incentivised by easing capital requirements for banks, the European Banking Authority chief, Jose Manuel Campa, told EURACTIV in an exclusive interview.
Banking union 26-07-2019

König: I don’t believe in gender quotas

For many, the banking union represents the most ambitious step in EU integration since the creation of the euro. As the chairwoman of the new authority to resolve European systemic banks, Elke König, has been in the driving seat of the process.
Economy & Jobs 17-07-2019

Le Maire: ‘Capitalism is in a dead end, must reinvent itself’

French finance minister Bruno Le Maire is determined to chair an “efficient” meeting with his colleagues of the G7 countries on Wednesday and Thursday. His goal is no less than to refound capitalism. As a first step, he wants to reach an agreement on the main features of digital tax, to pave the way for an international compromise by early next year.
Economy & Jobs 07-05-2019

Austrian chief economist: ‘A lot can still be done to complete the euro zone’

The Austrian national bank (OeNB) hosted its annual conference on 20 years of the euro on 2 and 3 May. In an interview with EURACTIV, the bank's chief economist explains how the euro zone debt crisis changed the economic "tool box" of the EU currency and spells out the challenges ahead.
Brexit 23-11-2018

Katainen on Brexit: We have to take Spain’s concerns very seriously

Member states share Spain's concerns over the future relationship with Gibraltar after Brexit, Vice-President of the European Commission for Jobs, Growth, Investment & Competitiveness Jyrki Katainen told EURACTIV.com in a long interview where he addressed all the pressing challenges the EU is currently facing.
Economy & Jobs 23-10-2018

Dijsselbloem: Greek government will gradually access markets more and more

The Greek government will be able to gradually have more and more access to markets as the end of the bailout, the current economic outlook and a sound budget allow Greece to regain its financial independence, former Eurogroup President Jeroen Dijsselbloem said in an interview with EURACTIV's media partner Athens-Macedonian News Agency (ANA).

CDP boss: ‘Companies or sectors may face liability risks on climate change’

Private investors need to come clean and commit to science-based targets on climate change, says Paul Simpson. Unfortunately, “there is still money out there for the dirty investments in the short term,” he laments, calling on regulators to take action against opaque finance.

Pension fund chief: We are seeing a strong movement towards green financing

Investors increasingly have to take into account the legal risks associated with global warming and more and more of them are adopting a socially responsible approach, Phillippe Desfossé told EURACTIV France as Climate Week opens in New York.
Economy & Jobs 23-07-2018

Political scientist: Germans are used to V4’s strong “No” from time to time

The EU's stand on migration policy is moving towards the demands of the Visegrad group, one of the best functioning groups in the bloc, says Dr Kai-Olaf Lang, adding that in many respects, Germany and V4 are much closer to each other today than Germany and France.
Future EU 20-06-2018

OECD’s Gurría: ‘People are angry and frustrated’

OECD Secretary-General Ángel Gurría has blamed governments for the rise of populism and political fragmentation across Europe, claiming they also did not deliver benefits that were promised to citizens, he told EURACTIV in an interview.
Economy & Jobs 31-05-2018

MEP Rodrigues: Imposing eurozone ‘as it is’ on Italy is not the answer

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.
Future EU 18-04-2018

Manfred Weber: We have to find consensus with France

While the debate about the future of Europe is gaining momentum, the leader of the European People's Party (EPP), Manfred Weber, calls on the German Christian Democrats to show more willingness to compromise in an interview with EURACTIV’s media partner Der Tagesspiegel.
Economy & Jobs 13-04-2018

Minister: EU cohesion policy served Greece well, should be upgraded in future

The EU's cohesion policy supported Greece in its most serious crisis, demonstrating the value of the bloc's second-biggest funding scheme, Greece’s Alternate Economy Minister Alexis Charitsis told EURACTIV.com in an interview.
Economy & Jobs 06-03-2018

Eurogroup chief: ‘I see enormous potential in Greece’

Greece has enormous potential and is getting ready to stand on its own feet when it exits its EU bailout in August, Eurogroup leader Mario Centeno told EURACTIV.com's media partner Athens-Macedonian News Agency (ANA) in an interview.  
Digital 30-01-2018

Moscovici: ‘The credibility of the EU tax haven black list is at stake’

The EU Commissioner for Economic Affairs Pierre Moscovici is determined to table a digital tax proposal at EU level, despite warnings from the OECD. In an exclusive interview with EURACTIV, he also warns EU countries for failing to publish the commitments made by tax havens to exit the EU’s ‘black list’.
Future EU 26-01-2018

Dastis: ‘Not all our bold ideas for eurozone reform will be fulfilled’

Spain's Foreign Affairs Minister Alfonso Dastis had to deal with a diplomatic crisis with Venezuela in the midst of an exclusive interview with EURACTIV in the margin of the World Economic Forum, where he said that concrete steps forward in the eurozone should be made by June.  
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.
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