About: eurocrisis

Pedro Sánchez [PSOE]
Elections 29-09-2016

Embattled Spanish Socialist party hit by leadership ‘coup’ attempt

Spain's Socialist party was hit by a "coup" attempt Wednesday (28 September) with half of its leadership quitting in a bid to oust leader Pedro Sanchez and unblock the country's political deadlock.
Euro & Finance 03-02-2016

Irish PM calls election for 26 February

Irish Prime Minister Enda Kenny on Wednesday (3 February) called parliamentary elections for 26 February in a small poll that could see disillusioned voters turn away from established parties to back political mavericks.
Euro & Finance 31-07-2015

Spain raises civil servants’ salaries in election year

Spain's ruling People's Party (PP) agreed on Thursday to award civil servants a 1% pay rise next year, their first hike in five years after public employee salaries were reined in as part of cost cuts during a deep recession. The move comes ahead of a parliamentary election expected in November. 
Bernd Lucke
Euro & Finance 30-07-2015

AFD founder: ‘Schäuble’s Greece policy is pure marketing’

German Finance Minister Wolfgang Schäuble’s latest plans for a euro tax have solidified the prospect of a transfer union, says Eurosceptic Bernd Lucke in an interview with EURACTIV Germany. The founder of the Eurosceptic Alternative for Germany (AfD) party, argues that all the “talk about a Grexit” is just a bluff.
Euro & Finance 11-06-2015

Carsten Schneider: German government divided on Greece

Germany’s centre-right alliance is finding it difficult to agree on whether or not to send further aid to Greece, said SPD faction chair Carsten Schneider, who sees a significant gap between German Chancellor Angela Merkel and Finance Minister Wolfgang Schäuble. EURACTIV Germany reports.
Euro & Finance 05-06-2015

How Greece hopes to make money

Greek Prime Minister Alexis Tsipras presented a 47-page list of reforms in the context of negotiations with Jean-Claude Juncker. The list contains many recommendations – especially those that have been rejected by donors.
Jeoren Dijsselbloem et Yanis Varoufakis à Bruxelles le 11 février. [European Council]
Euro & Finance 17-02-2015

Terminology blocks Greek compromise

By forcing Syriza into a spot from which it must undertake a humiliating climb down to avoid disaster, the Eurogroup took its brinkmanship to a new level, writes Stratfor, the Texas-based global intelligence company.

Swedish MEP: ‘No free market rules should conflict with trade union rights’

We want to be sure that the new Commission will not deregulate the labour market, because EU citizens are more important than the market, said Marita Ulvskog.
Euro & Finance 26-01-2015

Italian finance minister eyes ‘bad bank’ to clean up risky loans

Italy is considering setting up a state-backed "bad bank" to help clean up its banking sector, Pier Carlo Padoan said in a newspaper interview on Sunday.
EU Priorities 2020 26-11-2014

Van Rompuy’s last message: France must lead Europe again

In what is considered to be his outgoing speech, which he delivered at Sciences Po in Paris on Tuesday (25 November), European Council President Herman Van Rompuy urged France to regain confidence and drive Europe into the next era.
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Economy & Jobs 04-11-2014

Commission revises down economic forecast

The European Commission has projected weak economic growth for the rest of this year in the eurozone.
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Economy & Jobs 29-10-2014

Barroso says ‘adeus’ after 10 years

He has been the longest-serving EU leader. After 10 years in office, outgoing European Commission president Jose Manuel Barroso gave his last press conference in Brussels on Wednesday.
EU Priorities 2020 09-10-2014

Parliament clears two-headed ‘Mr Euro’ for Juncker team

The European Parliament endorsed former Latvian prime minister Valdis Dombrovskis on Wednesday (8 October) in the new role of Vice-President of the European Commission, in charge of the euro. He will be seconded by Pierre Moscovici in the economics portfolio, in a novel two-headed configuration for the single currency in the EU executive.
Mario Draghi at the ECB Press Conference in Frankfurt am Main, on 4 Sept. 2014 [ECB/Flickr]
Euro & Finance 05-09-2014

ECB rate cut boosts Spanish, Italian yields

Yields on the eurozone's lower rated debt fell on Friday as the European Central Bank's rate cuts and openness to a large scale bond buying programme pushed investors towards riskier assets in their quest to maximise returns.
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Economy & Jobs 15-07-2014

Draghi: Rumours are unfounded, I will stay at the ECB

Responding to media speculation over his future, ECB president Mario Draghi said on Monday that rumours about his exit are “unfounded” and come from “interested parties”.
Guntram B. Wolff [Bruegel]
EU Priorities 2020 10-07-2014

#EU2DO: Creating growth while preparing an EU treaty reform

EU leaders have to put forward a two-handed approach in the next five years, focusing on policy action on the one hand while framing these policy actions in a broader treaty reform context on the other, writes Guntram B. Wolff.
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Economy & Jobs 08-07-2014

Eurogroup approves next €1bn bailout tranche to Greece

EU Finance ministers approved on Monday the next tranche of financial aid for Greece, worth 1 billion euros. “With this €1 billion disbursement, there is now €2.1 billion still left in the pipeline for Greece. €1 billion of that could be disbursed in August but that depends on the nest set of milestones being met.” ESM Managing Director Klaus Regling said.
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Economy & Jobs 03-07-2014

Europe works, says Greek PM Antonis Samaras

Speaking in the European Parliament in Strasbourg on Wednesday, Greek Prime minister Antonis Samaras said that Greece managed to conclude 67 pieces of legislation 'in a presidency that lasted only four months ' and  "with a minimal budget of which not more than 40% was finally spent".
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Economy & Jobs 05-05-2014

EU welcomes Portugal’s bailout exit

Eurozone finance ministers congratulated Portugal on Monday as Lisbon announced Sunday it would exit its three-year €78-billion bailout this month without a precautionary credit line.
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Economy & Jobs 23-04-2014

Euro area government deficit at 3.0% in 2013, says Eurostat

According to data released on Wednesday by Eurostat, the government deficit of both the euro area and the EU28 in 2013 decreased in absolute terms compared with 2012, while the government debt rose in both zones. In the euro area the government deficit to GDP ratio decreased from 3.7% in 2012 to 3.0% in 2013, and in the EU283 from 3.9% to 3.3%. In the euro area the government debt to GDP ratio increased from 90.7% at the end of 2012 to 92.6% at the end of 2013, and in the EU283 from 85.2% to 87.1%.
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Economy & Jobs 23-04-2014

From reform to Growth – EPP Congress Dublin 2014

The Wilfried Martens Centre for European Studies was present at the XII Congress of the European People’s Party (EPP) that took place in Dublin on 6 and 7 March 2014, an event that gathered more than 2,000 participants, including the leaders of EU institutions, heads of state and government, party leaders, ministers, national and European parliamentarians, and delegates from EPP member parties throughout Europe.
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Economy & Jobs 25-02-2014

EU forecasts mild economic growth, warns of high unemployment

'Recovery in the European Union is gaining ground'. With this message, EU commissioner Olli Rehn launched the bloc's winter economic forecast, showing higher growth in Europe than previously expected. Speaking at the European Parliament on Tuesday, Rehn said that the 18 eurozone countries would grow by 1.2% this year and 1.8% in 2015. But warning that signs of recovery are still 'modest', Rehn also highlighted that unemployment across the bloc remains too high.
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Economy & Jobs 29-01-2014

Commission proposes new rules to stop banks’ risky trading

The European Commission proposed on Wednesday new rules to stop the biggest and most complex banks from engaging in the risky activity of proprietary trading.
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15-01-2014

Samaras tells EU Parliament that Greece has delivered

Greek Prime Minister Antonis Samaras defended on Wednesday Greece's turn to lead the European Union, as the country goes through one of the biggest crisis in decades. Addressing the European Parliament in Strasbourg, Samaras said that Greece has delivered on its commitments to implement fiscal reforms and that the country is slowly coming out of the crisis.

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