About: Austerity

Elections 05-06-2018

New Italian prime minister takes aim at migrants, austerity in maiden speech

The leader of Italy's new populist government vowed on Tuesday (5 June) to redistribute migrants in the EU and review EU sanctions against Russia, in his first policy speech to lawmakers since being sworn in.
Economy & Jobs 11-05-2018

All lights ‘set on green’ for end to Greek bailout, says Luxembourg finance minister

Greece’s exit from a bailout program instituted by the eurozone and International Monetary Fund looks set to proceed in August, Luxembourg finance minister Pierre Gramegna said on Friday (11 May).
Economy & Jobs 23-01-2018

Greece gets green light for fresh bailout cash

Eurozone finance ministers approved another 6.7 billion euros in bailout cash for Greece yesterday (22 January) after Athens pushed through controversial reforms that drew strikes and protests.
Future EU 05-12-2017

Schulz says EU allies, including Tsipras, urged him to join Merkel government

The head of Germany's Social Democrats, Martin Schulz, said on Monday (4 December) he had been urged by French President Emmanuel Macron and other European leaders to join Chancellor Angela Merkel's next government and push for EU reforms.
Economy & Jobs 04-12-2017

Greece, lenders reach deal on reforms under bailout review

Greece and its euro zone creditors reached a preliminary deal on Saturday (2 December) on reforms Athens needs to roll out under its bailout programme, a move that could pave the way for the country to leave the aid plan in August.
Health 08-11-2017

Europe’s excluded are falling through the cracks of healthcare

Whether it is an elderly German man who lost his job or a young boy that reached Europe fleeing war at home, Europe’s excluded are falling through the cracks of healthcare systems, writes Médecins du Monde.
Elections 26-10-2017

S&D chief works for a progressive alliance away from ‘Orbánising’ EPP

There should be a clear distinction between the right and the left in European politics and the EU socialists should open the door to other anti-austerity progressive forces as well as to those who do not want to follow the “Orbánisation” of the centre-right, S&D leader Gianni Pittella told EURACTIV.com in an interview.
Elections 19-10-2017

EU socialists pledge to turn left to tackle growing extremism

The EU Socialists and Democrats said on Wednesday (18 October) that they have to keep their distance from right-wing parties and be the basis for an alliance with progressive forces in order to counter growing extremism in Europe.
Economy & Jobs 10-10-2017

Schäuble receives €100 notes with his face at farewell party

Eurozone finance ministers deluged German Finance Minister Wolfgang Schäuble with farewell gifts yesterday (9 October) as the man who inspired Europe's austerity answer to the debt crisis attended his last meeting with them.
Development Policy 15-09-2017

Financing a ‘global new deal’: How to collect a trillion dollars

One trillion dollars. This “global stimulus” could change the world if a 5% tax hike is imposed on the “top decile” – the 10% richest segment of the population, a report of the United Nations Conference on Trade and Development (UNCTAD) is proposing.
Brexit 19-07-2017

End to austerity? Poll gamble exposes rift in Britain’s ruling party

An early election was meant to bind the Conservatives to Theresa May's agenda for at least five years, but instead it has badly shaken the governing party with ministers questioning its seven-year pursuit of austerity.
Economy & Jobs 14-06-2017

Moscovici sees deal on Greek loans, fair solution on debt

European Union Currency Commissioner Pierre Moscovici said he expects Greece and its international lenders to reach a compromise deal on new loans this week and that a "fair solution" will be found on debt relief.
Economy & Jobs 08-06-2017

Greek PM calls for EU investment to break debt deadlock

Greece's Prime Minister Alexis Tsipras on Wednesday (7 June) urged the EU to commit to investment aimed at boosting Greek growth in order to break a deadlock between European creditors and the IMF over the nation's debt.
Economy & Jobs 15-05-2017

Greece slashes GDP forecast in new budget plans

The Greek government on Sunday (14 May) slashed its GDP growth forecast for 2017 as it moved towards submitting new austerity measures, including a wider tax net, for approval by lawmakers.
EU Priorities 2020 08-05-2017

The ‘missing scenario’: There are alternatives for Europeans

In order to revive the European project, the progressive forces must have an ambitious vision that goes beyond an intergovernmental system and implements a genuine Community method, MEPs from the Progressive Caucus alliance write.
Elections 25-04-2017

Rome, Athens look to Macron to help douse anti-EU fires

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.
Health 14-04-2017

Greece creates e-platform to tackle corruption in healthcare

Greece's health ministry announced this week the creation of an electronic platform designed to tackle corruption in the healthcare system and protect patients’ “dignity”.
Elections 12-04-2017

‘Chancellor Schulz’ will maintain austerity, won’t rule out Grexit

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...
Economy & Jobs 04-04-2017

Latest rift in Greek bailout talks dashes hopes for deal in Malta

A new rift between Athens and the International Monetary Fund over pensions and labour reforms has dealt a blow to an initial accord, dashing hopes for a bailout review deal before a meeting of eurozone finance ministers this week.
Brexit 29-03-2017

Moravcsik interview, part I: Britain is the exception to the rule

Brexit was an extremely unlikely occurrence, Princeton’s Andrew Moravcsik told EURACTIV Slovakia.
Economy & Jobs 03-03-2017

Monti: Germany and France caused the economic crisis

The economic crisis in the EU was caused by the two “most revered parents” of the euro, Germany and France, which in 2003 did not comply with the stability pact, Mario Monti said today (3 March).
Economy & Jobs 20-02-2017

Schäuble denies ‘Grexit’ threat, says Greece on right path

German Finance Minister Wolfgang Schäuble denied yesterday (19 February) that he had said Greece would have to leave the eurozone if it failed to implement economic reforms.
Euro & Finance 14-02-2017

Eurogroup deputy: ‘Grexit is a non-issue’

Eurogroup Working Group President Thomas Wieser told Euractiv Germany that he remains confident the IMF will participate in the Greek bailout programme and that ‘Grexit’ is not even an issue.
Future EU 10-02-2017

Progressives accuse Merkel of pushing a North-South divide

Europe needs a radical change of its austerity-driven policies and not multiple speeds as Germany’s Angela Merkel suggests, high-ranking Social-Democrat, Green and leftist officials told Euractiv.com.