About: Economic and Monetary union
Italian budget standoff may consign eurozone integration drive to slow lane
An uncompromising challenge to EU budget rules by Italy is providing the first big test for reforms introduced to save the euro zone nine years ago as financial crisis threatened to tear it apart.
Course unchanged for ECB as growth worries bubble under
The European Central Bank seems certain to keep policy unchanged on Thursday (25 October) but likely to acknowledge the growth outlook is deteriorating, even if not yet enough to derail a carefully crafted retreat from stimulus.
Rutte rejects Commission’s new funds for monetary union
Dutch Prime Minister Mark Rutte said on Wednesday (13 June) the EU should use the tools that are already available to support reforms and protect the euro, in his latest criticism of proposals to deepen the bloc's integration.
EU ministers reach key agreement to unlock Banking Union file
Member states have reached an agreement on a package of measures aimed at reducing risk in the banking industry. The political consensus built upon a joint proposal by the French and German Finance ministers paves the way for a deepened reform of the Economic and Monetary Union.
Macron offers half-hearted defence for waning eurozone push
Emmanuel Macron toned down his ambition of completing the Economic and Monetary Union in a speech to the European Parliament on Tuesday (17 April), as he appears to be losing Germany’s backing and faces mounting pressure at home on unpopular economic reforms.
Portuguese PM: eurozone needs fiscal leg for stability, growth
The eurozone will never reach its full potential and may face a new crisis in the future without a fiscal capacity, Portugal's Prime Minister Antonio Costa told the European Parliament on Wednesday (14 March).
Moscovici: Spring 2019 is ‘too early to retire’
European Commissioner Pierre Moscovici joins EURACTIV's Economy Editor Jorge Valero for a live debate on deepening the European Economic and Monetary Union in the EURACTIV Network offices in Brussels.
In 2018, expect the euro area economy to put on the brakes – but not for the reason you may think
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.
WRAPUP – Final #EUCO summit yields few results and one major dispute
European Union leaders gather in Brussels on 14-15 December for the final European Council summit of the year. Follow our live coverage for all the latest developments.
Moscovici: Referendums not needed to deepen the eurozone
The European Commission backed alternative options to referendums in order to pass major changes needed to deepen the Economic and Monetary Union amid “broader questioning” about the single currency.
ECB needs greater democratic oversight, TI says
The European Central Bank needs greater oversight and more accountability, as it has strayed into the realm of political decision-making but without the necessary scrutiny, global watchdog Transparency International said in a report on Tuesday(28 March).
Jean Tirole: ‘I hope Europe and the UK can prevent Brexit’
Brexit triumphed through demagogy and populism, according to the economist Jean Tirole, who calls for a U-turn to prevent Europe falling to the forces of separatism.
ECB stresses ‘readiness to act’ in face of Brexit headwinds
European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain's vote to quit the EU, according to minutes of their July meeting released on Thursday (18 August).
Correcting the eurozone’s imbalances could save the EU
The eurozone’s problems are not just caused by poor management in the South, but by its asymmetrical architecture and unfair implementation of the rules. A fiscal capacity would level the playing field and answer the Eurosceptics, writes Ernest Maragall.
Macron positions himself as France’s europhile presidential candidate
Emmanuel Macron's En Marche movement is gaining momentum, but he has yet to officially launch his 2017 presidential campaign. The minister is the only potential presidential candidate to put Europe at the heart of his message. EURACTIV France reports.
Paris pulls out all the stops in effort to poach London’s financial sector
The French government is bending over backwards with promises of tax cuts, in order to present Paris and the eurozone as a safe haven from the uncertainty of Brexit, and the risk of economic depression in the United Kingdom. EURACTIV France reports.
France and Germany dither over the eurozone’s future
France and Germany hope to present a common position on the closer integration of the eurozone by the end of the year. But ahead of today’s (7 April) French-German Council, little progress has been made. EURACTIV France reports.
Pervenche Berès: Eurozone budget carries a ‘strong political message’
Plans for a eurozone budget have progressed quickly in recent months. The European Parliament is finalising its proposals and two European Council summits will focus on the subject by the end of the year.
Draghi warns EU leaders he can’t fix the economy on his own
European Central Bank President Mario Draghi warned European leaders on Thursday (17 March) that monetary policy alone would not be enough to jump-start the economy and that governments needed to do their job by pushing through structural reforms.
Romanian bank chief pessimistic about economic growth
The governor of Romania’s National Bank has announced that despite the current bright financial outlook in the Eastern European country, this period of growth could be short lived. EURACTIV Romania reports.
Maystadt: Consensus quietly growing for eurozone budget
A consensus has emerged in Germany, France and Italy over the need to create a eurozone budget, according to Belgium’s former Minister of Finance, Philippe Maystadt. But the popularity of anti-European parties is blocking progress. EURACTIV France reports.
Merkel and Hollande devise a plan for the future of the eurozone
The two leaders are expected to unveil a joint proposal on the future of the eurozone by the end of 2016, once they have set aside their own differences over how to pursue integration. EURACTIV France reports.
German, French central bankers call for eurozone finance ministry
The eurozone needs to press ahead with structural reforms and closer integration, including a eurozone finance ministry, to deliver sustainable growth, the heads of the French and German central banks wrote in a German newspaper on Monday (8 February).