About: euro

Economy & Jobs 14-02-2022

The digital euro concerns the whole society, not only finance

While the development of a digital euro offers new opportunities for Europe, they can only be seized if civil society can take part in this discussion, argue Tristan Dissaux, Jézabel Couppey-Soubeyran, and Wojtek Kalinowski in an opinion piece signed by more than 100 scholars and NGOs.
The European Commission is to work alongside the European Central Bank (ECB) in probing a range of 'policy, legal and technical' pitfalls that could emerge as part of plans to introduce a Digital Euro crypto-currency in mid-2021.
Economy & Jobs 18-05-2021

The real reason we need a digital euro

The ECB will decide this summer whether to continue its plans for digitalizing the euro. With bankers pushing back, the major advantage of a digital euro has gained little attention, writes Igor Pejic.
Euro & Finance 12-04-2016

I use cash, and I’m not a criminal

Politicians left and right have begun calling for a ban on large-denomination banknotes and restrictions on cash payments as a means of fighting crime, money laundering and terrorism. Their argument is flawed, writes Guillaume Lepecq.
A two Euro coin in front of the Acropolis, Greece
EU Priorities 2020 14-07-2015

The euro shows the way for the EU

The euro is the right kind of project at a time when Europe seeks to maintain its standard of life, its affluence, its relative political stability, and its say in international affairs, writes Jan Techau.
Europa, Riding Zeus as a Bull
Trade & Society 02-07-2015

It’s Europe, stupid!

The real question facing us is not whether to say yes or no to Syriza, but how the EU continues its construction, write Ernest Maragall MEP and Jordi Angusto.

Europe must not abandon Greece in its hour of need

Negotiations between the new Greek government and the European institutions are fast approaching the point where lines will have to be drawn and clear positions taken. At that point, the likelihood (or not) of reaching an agreement will become clearer, writes Ernest Maragall MEP.
Euro & Finance 17-07-2013

Europe in the global economy: Surprising external strength amid domestic weakness

The EU has maintained its share in global exports over the past decade, whereas other mature economies have seen theirs decline considerably, most notably the US and Japan, says Daniel Gros.

EU needs strong enforcement of money-laundering laws

The eurogroup’s insistence that Cyprus’ anti-money laundering framework is assessed by a private firm violates EU law, argues Andreas Frank.
Euro & Finance 18-12-2012

A difficult year ends on a promising note

The eurozone’s financial markets end this year in a much better shape than they did last year, but this gain rests on the promise that real progress towards banking union will be achieved in the coming year, writes Daniel Gros.
Euro & Finance 28-11-2012

Finding a sensible solution to banking oversight

The European Parliament is voting in committee this week on the legislation which installs the single supervisory mechanism for Europe's banks. Tricky stuff - especially when certain governments in the Council appear to be backsliding on the banking union, writes Andrew Duff.
Euro & Finance 20-11-2012

An EU corporate tax: Breaking the shackles of austerity?

A European-level corporate tax could have bigger and more effective anti-cyclical effects than the financial transaction tax backed by some EU leaders, Ian Begg argues.
Euro & Finance 02-10-2012

Spain: Reform or break-up

A point of no return has been reached in the negotiations between the Spanish and Catalan governments, raising doubts about the future of the country, says Joan Marc Simon.
Euro & Finance 06-09-2012

Don’t expect political union anytime soon

More muddling-through in the EU is in the pipeline. If that wasn’t so dangerous, one could somehow live with it. But the problem with muddling-through is that it does not offer a perspective for those countries that are really suffering in this crisis. It does not create hope. Europe is in a bind, writes Jan Techau.
Regional Policy 28-08-2012

More integration with more attractive regions for investment

There are still significant economic disparities within the EU, such as the ones between North and South or among different EU regions. But EU member states have a common interest in tackling those challenges together, argues Rodi Kratsa-Tsagapopoulou.
Euro & Finance 23-07-2012

Only a political suicide or national unity government can save Spain and the euro

Spanish Prime Minister Mariano Rajoy is caught between a rock and a hard place. On the one hand, his voters are being bled dry on all sides. At the same time, an impatient EU is piling on the pressure to inflict even more pain at speed. It is a difficult balancing act for Rajoy, who needs his voters to believe that he has their best interests at heart under relentless pressure from the markets and the EU, writes Andy Langenkamp.
Euro & Finance 29-06-2012

Proposal to finance European investment, growth and jobs

A key missing ingredient in solving the euro crisis is the urgent restoration of growth, which European citizens demand and several leaders are increasingly stressing. Yet, meaningful actions on a sufficient scale have not yet been taken, argue Stephany Griffith-Jones, Matthias Kollatz-Ahnen and Lars Andersen in a recent study.
Economy & Jobs 27-06-2012

Can Eastern Europe escape the eurozone crisis?

Countries in Eastern Europe have until now shown remarkable economic resilience, after being hit harder by the 2008–2009. But their economic future relies on a new model of growth, argues Jana Grittersova.
Elections 21-06-2012

The new Greek government needs EU support

Although the establishment of a coalition government in Greece marks an important step for the country to escape the danger of descending into political and economic turmoil, the new government faces a number of challenges that will weigh heavily on its stability and, ultimately, on its success, argues Anna Visvizi.
Brexit 15-06-2012

Germany moves slowly towards a solution

Germany and Chancellor Angela Merkel have the opportunity to unify Europe for the third time in a century but, this time, through peaceful, democratic and "solidarisch" means, says David Gow.
Euro & Finance 11-06-2012

US lawmaker: No ‘blank cheque’ for Europe

The Obama administration has quietly endorsed the International Monetary Fund's support for European bailouts because the White House believes the deals will enforce "austerity" and gradually revive Europe's struggling economies. Now is the time to question that assumption, says Cathy McMorris Rodgers.
Euro & Finance 04-06-2012

Grexit: 400-year old deal obsolete?

Greece is more likely to stay in the eurozone than go as other countries do not want their banks to go under due to an early Grexit. Their motivation will be negative rather than inspired by a desire to achieve further integration as a means of strengthening Europe. But a positive attitude can only be expected if voters start to realise it is better for their national interests if they put European interests first, says Andy Langenkamp.
Euro & Finance 24-05-2012

Greece’s choice: a hard landing or a crash

  Even though austerity depresses economic output, the Adjustment Programme is not the root of Greece's woes, argues Nikos Chrysoloras, a Brussels-based correspondent for Kathimerini, Greece’s leading newspaper and a Robert Bosch Stiftung “EU Journalism Fellow” for 2012, on a journalism practice with EURACTIV.com.  The op-ed was first published on the Euro Crisis blog
Euro & Finance 06-02-2012

A useful treaty, or an empty gesture?

The new treaty on fiscal discipline cannot alone address the euro crisis and while there has been renewed talk of growth by EU leaders, current plans have proven "pitifully weak," says Carole Ulmer.

Greece: Life after debt

Greece has a future beyond the current crisis, whether the country defaults or not, argues Sophia Chrysopoulou.