About: eurozone debt
EU budget battle looms, as economy lifts out of crisis
European governments have spent hand over fist, despite ballooning public debt, to prevent the coronavirus pandemic from triggering economic calamity.
Revamping fiscal rules requires a new understanding on debt sustainability
It is necessary to reform the European Union’s flawed macroeconomic architecture as the post-pandemic world demands a new fiscal rulebook to boost our economies, argues Margarida Marques.
Spain’s debt reaches highest level in more than a century
Spain increased its debt in 2020 by €112,438 million – almost the equivalent of the annual cost of pensions in the country – due to the heavy impact of the COVID-19 pandemic. EURACTIV’s partner EFE reports.
Cancel the public debt held by the ECB and ‘take back control’ of our destiny
It is time for the European Central Bank to cancel a large of the public debt it holds, say more than a hundred economists from across Europe including Aurore Lalucq, Nicolas Dufrêne, Jézabel Couppey-Soubeyran, and Laurence Scialom.
Germany’s Scholz sees ‘no way back’ from EU joint debt
German Finance Minister Olaf Scholz said Sunday (23 August) that the European Union's recovery package financed by joint borrowing was a long-term measure rather than a short-term coronavirus crisis fix, contradicting Chancellor Angela Merkel.
ECB warns virus response could renew fears of euro breakup
A vast fiscal fightback to the coronavirus crisis unleashed by eurozone governments could raise questions about capitals' ability to repay debts and revive the threat of countries exiting the single currency, the European Central Bank warned Tuesday (26 May).
Eurozone ministers urge inflexible Italy to drop budget defiance
Eurozone finance ministers urged Italy on Monday (5 November) to reverse course on its rule-breaking budget amid fears of market turmoil and a return of the debt crisis.
Italy sends mixed signals to jittery markets after debt downgrade
Italy's new anti-establishment government sent contradictory signals to financial markets on Sunday (2 September) amid increasing concern Rome could breach EU spending limits as it comes under pressure to fulfil its anti-austerity electoral promises.
Italy’s economy minister: Lower growth, higher deficit next year
Italy on Wednesday (8 August) cut its forecasts for economic growth and said the country's public deficit this year and in 2019 would be larger than previously forecast, potentially lining it up for a clash with Brussels.
Eurozone ministers seek end to Greece bailout odyssey
Eurozone ministers will on Thursday (21 June) try to resolve their differences over the terms of Greece's departure from its massive bailout programme with splits over the degree of debt relief needed by cash-strapped Athens.
Britain frozen out as EU finance chiefs plot future
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.
Madrid will push for a eurozone budget and eurobonds
The Spanish government is expected to put pressure on France, Germany and Italy to move to a deeper economic and monetary union by establishing a eurozone budget as well as a finance minister.
EU centre-right sets the tone for the Commission’s EMU paper
EXCLUSIVE / An innovation-driven economy where rules are respected and the labour market is flexible will help Europe ensure its position in a constantly changing world, according to a European People’s Party document seen by EURACTIV.com.
EU to say French economy out of balance, Germany surplus too high
The European Commission will tell France on Wednesday (22 February) its economy is improving but still has excessive imbalances, while chiding Germany over its current account surplus and warning Italy it must reduce its rising public debt, an EU official said.
Fillon: French Sovereignty and European integration?
The centre-right candidate for next year's French presidential election presents himself as a defender of French sovereignty who wants to limit the powers of the European Commission. But he also supports further European integration in some areas. EURACTIV France reports.
The EU needs a fresh boost… fast!
The European authorities appointed in the wake of the 2014 elections have an historic, not to say overwhelming, task ahead of them, write Jacques Delors, Pascal Lamy, and António Vitorino.
Paul Jorion: ‘Jean-Claude Juncker’s moral authority has been damaged’
In an Interview with EURACTIV France, Paul Jorion calls for a U-turn in European policy and for the cancellation of eurozone debt.
Eurozone backs ESM credit line for Greece after bailout exit
Eurozone finance ministers backed a precautionary credit line for Greece on Thursday (6 November), after the country exits its bailout at the end of the year, in a bid to balance the need to reassure investors with the demands of Greek politics.