About: eurozone crisis Archives

European Union finance ministers meet without Britain in Brussels on Monday (6 November) to try to iron out their differences on plans to reform the euro in the wake of the shock Brexit vote.

French President Emmanuel Macron sketched a plan to "rebuild" the European Union through wider democracy and public accountability at the start of a two-day visit to Greece on Thursday (7 September).

French President Emmanuel Macron's push for an ambitious overhaul of Europe's single currency bloc is running up against robust resistance in Berlin despite conciliatory public signals from German Chancellor Angela Merkel.

German Finance Minister Wolfgang Schäuble is working on a proposal that would allow southern eurozone countries to tap into the single currency bloc's bailout fund to boost investments during recessions, a newspaper reported on Wednesday (23 August).

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).

As Benoît Hamon’s advisor for European budgetary issues, Thomas Piketty hopes to construct a “democratic decision-making mechanism” within the eurozone, he told France Inter on Sunday (12 February). Euractiv’s partner Ouest-France reports.

The celebration of the Euro anniversary in March will be an opportunity to counter anti-euro parties, writes Paul Wallace. But European leaders may also want to reflect on the anniversary of the Reformation, which undermined the Holy Roman Empire, seen by some historians as an early version of the EU.

Greece thanked creditors for modest debt relief on St Nicholas Day in Brussels but did not hide disappointment it won't get the Christmas gift it wants – a pass on the latest phase of its bailout programme.

Eurozone finance ministers on Monday approved new debt relief measures to alleviate Greece's colossal debt mountain in the wake of its huge €86 billion bailout, but at levels far short of those demanded by the IMF.

Eurozone finance ministers hope to reach a compromise on Greek reforms on Monday (5 December) in a final bid to get International Monetary Fund support for its bailout programme by the end of the year.

Niels Thygesen, the new chair of the European Fiscal Board, called for “ambiguity” in the eurozone’s rescue mechanisms in order to let investors “impose discipline” on national governments.

Europe needs more than temporary growth to boost its economy, write George Friedman and Antonia Colibasanu.

Eurozone ministers on Monday unlocked €1.1 billion for Greece from its huge third bailout after it delivered the necessary reforms, but held back more funds amid doubts from Germany.

Nobel Prize-winning economist Joseph Stiglitz predicted in an interview on Wednesday (5 October) that Italy and other countries would leave the eurozone in coming years, and he blamed the euro and German austerity policies for Europe's economic problems.

Joseph Stiglitz, winner of the Nobel Prize in economics, has blasted Germany's austerity measures and the management of the eurozone. EURACTIV Germany reports.

Why are the irregularities of the financial markets and immigration being grouped together as a solidarity crisis in Europe? Dr. Senka Neuman Stanivukovic and Jesse van Amelsvoort argue that the time is ripe for a more sober problematisation of current European politics.

Italian Prime Minister Matteo Renzi will meet with German Chancellor Angela Merkel and French President François Hollande on an Italian island on Monday (22 August) to discuss the EU's way forward after Britain's shock vote to quit the bloc.

At the end of April, German Minister of Labour Andrea Nahles presented a bill that would lock out EU citizens from the country's welfare system. Die Linke’s Thomas Händel spoke with EURACTIV Germany about the issue.

The European Central Bank's (ECB) controversial policy of ultra-low interest rates continues to draw criticism and German politicians in particular have demanded its president, Mario Draghi, bring them to an end. EURACTIV Germany reports.

It is impossible that 20 % of the Dutch voters should take hostage of a common EU policy. The EU created a gifted class of intellectuals and bureaucrats and others, but they really lack a genuine political experience, Ivan Krastev told EURACTIV Slovakia in an exclusive interview.

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.

The EU summit today (7 March) will be the 101^st for Jean-Claude Juncker, as premier of Luxembourg and president of the European Commission. Second comes German Chancellor Angela Merkel, with 66 summits Third is Donald Tusk, with 57 summits as premier of Poland and president of the European Council.

Cohesion Policy, the European Union’s main investment policy tool, is soon to face a struggle for survival. One that could threaten the core values of solidarity and convergence of regional disparities on which the EU has been built up, write Nikos Lampropoulos and Francesco Molica.

The deal that was necessary to keep the United Kingdom in the EU has also opened the door for other members to use referendums — or more likely, the threat of referendums — as a negotiating tactic, writes Stratfor, the global intelligence company.