About: economic crisis

Future EU 02-04-2020

The European Parliament’s greatest battle is upcoming

In the face of the ongoing crisis, European Parliament lawmakers must make it clear that negotiations for the EU’s long-term budget are starting at 2% of GDP and will not go below 1.5%, and that the EU budget for 2020 will be at least 2% of the Union's GDP, writes MEP Radan Kanev.
Europe's East 31-03-2020

Ukraine opens up land market in bid for $8 bln IMF package

Ukrainian lawmakers voted on Tuesday (31 March) to lift a ban on the sale of farmland that has stood for nearly two decades, clearing one of the hurdles needed to unlock an $8 billion loan package from the International Monetary Fund.
Global Europe 26-03-2020

EU warns virus could expose firms to foreign buy outs

The head of the European Commission warned Wednesday (25 March) that the economic aftermath of the coronavirus could leave strategic private sector firms exposed to foreign takeovers.
Economy & Jobs 24-03-2020

Italy’s coronavirus deaths slow, offering glimmer of hope

The death toll from an outbreak of coronavirus in Italy was of 602 on Monday (23 March), the smallest increase for four days, while the number of new cases also slowed, raising hope that the most aggressive phase of the epidemic may be passing.
Economy & Jobs 16-03-2020

Eurogroup chief: EU living ‘war-like’ conditions, long struggle lies ahead

Eurogroup chief Mario Centeno warned on Monday (16 March) that under the coronavirus outbreak the European economy is experiencing the equivalent of a war, and that a long struggle lies ahead.
Economy & Jobs 16-03-2020

Coronavirus will send EU spiraling into recession in 2020: Breton

The coronavirus pandemic will plunge the European Union into recession this year, the EU’s internal market Commissioner Thierry Breton said, estimating the bloc’s economy risked a 2-2.5% hit.
Coronavirus 13-03-2020

Coronavirus: Macron announces drastic measures in France

France will close from Monday all nurseries, schools and universities to try to slow the spread of the coronavirus, President Emmanuel Macron said in a televised address on Thursday (12 March), calling the outbreak the nation's worst public health crisis in a century.
Global Europe 13-03-2020

US shale under pressure to make ‘at least’ 25% price cuts

US shale producers are seeking sharp service costs cuts to deal with plummeting prices and shrinking demand, according to executives and a letter sent to top providers, driving home the oil industry’s desperate efforts to cope with a market dive.
Economy & Jobs 13-03-2020

Italy death toll jumps past 1,000 as Milan bourse nosedives

Italy's death toll from the coronavirus epidemic shot past 1,000 on Thursday (12 March) as the economic impact worsened, with much of the country at a standstill and the Milan bourse posting its largest ever one-day fall.
Banking union 19-12-2019

So you think the banking crisis is over? Sorry to spoil your Christmas!

The stock market is flashing ever-stronger orange about the health of Europe’s banks. Yet the regulatory community tells us good news about its capital strength – despite unsustainably low profitability. Fingers crossed for a muddle through!
Economy & Jobs 21-10-2019

There is no crisis, we expect growth in 2020, says Germany’s Altmaier

In an interview with EURACTIV Croatia, German Federal Economy Minister Peter Altmaier spoke about the forthcoming EU presidencies of Croatia and Germany, the controversial zero growth ('Schwarze Null'), and the cooperation with the Western Balkan states.
Economic governance 24-09-2019

French business expansion slows amid sluggish eurozone

France's private sector is growing at a slower rate and has reached the lowest level in the past four months, according to forecasts published by IHS Markit on Monday (23 September). For the eurozone, business expansion fell to the lowest level since June 2013. EURACTIV's partner La Tribune reports.
Elections 18-10-2017

Parliament poll: Public confidence in the EU is growing

A clear majority of EU citizens now believe that EU membership is good for their country, according to a survey of how they view the EU and its institutions, released on Wednesday (18 October).
Economic governance 22-08-2017

HSBC economist: Europe’s south can live with a strong euro

HSBC Germany’s chief economist still sees a bright future for the euro and insists that the heavily-indebted countries of southern Europe should not be put off by the resurgent single currency, in an interview with EURACTIV’s partner WirtschaftsWoche.
Brexit 01-08-2017

Dublin’s man in Berlin: Confidence growing in Irish economy despite ‘Brexit challenges’

Ireland’s priority in the Brexit negotiations is to ensure 1998’s Good Friday Agreement is protected, as well as maintaining close as possible ties between the EU and the UK, explained Dublin’s ambassador to Germany.
Economy & Jobs 31-07-2017

Majority of Romanians and Croatians cannot afford a one-week holiday, Eurostat says

A significant number of EU citizens from Eastern and Southern Europe cannot afford a one-week annual holiday, according to a new Eurostat survey.
Economy & Jobs 10-05-2017

Central and Eastern Europe trapped in low wage spiral

Low wages have been harming Central European economies since the crisis. According to a recent study, salaries fell to below 30% of the German average while productivity grew steadily. EURACTIV’s partner La Tribune reports.
Economic governance 11-04-2017

ECB hails 2016 as best post-crisis year

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.
Central Europe 07-04-2017

Croatia passes law to rescue debt-laden giant Agrokor

Croatia passed an emergency law yesterday (6 April) aimed at protecting the economy from big company failures as Agrokor, the country's largest private firm, seeks to resolve its debt crisis.
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).
#Media4EU 27-01-2017

Class Editori chief: The media forgot about the middle class

Italian newspapers have been struggling to keep up with new technologies during the country's eight-year recession,  Executive Editor-in-Chief of Class Editori Gabriele Capolino, told Christophe Leclerc.
Margaritis Schinas
Global Europe 26-01-2017

Juncker camp unimpressed by euro collapse forecast

The European Commission chief spokesperson used old quotes by his boss Jean-Claude Juncker to respond to a US politician close to President Donald Trump, who made dire predictions about the future of the EU and its common currency.
Euro & Finance 20-01-2017

ECB unconvinced by inflation increase, monetary policy unchanged

European Central Bank (ECB) President Mario Draghi yesterday (19 January) announced the institution’s monetary policy would remain unchanged and asked for more patience as the economic recovery continues. EURACTIV Spain reports.

Rajoy outlines 2017 plan, hopes for minimal Brexit disruption

Spanish Prime Minister Mariano Rajoy has told the presidents of Spain's autonomous communities that improving the country's welfare state could be possible but will depend entirely on getting back to pre-economic crisis levels. EURACTIV Spain reports.

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