About: Eurozone

Economic governance 17-05-2019

Growing concerns over Greece and Italy, as negotiations stall on eurozone budget

Latest Greece and Italy’s fiscal plans raised concerns in Brussels, as the Eurogroup met for another round of negotiations on the budgetary instrument for the Eurozone on Thursday (16 May), without major achievements.
Economy & Jobs 08-05-2019

Italy accuses EU of prejudice after grim economic forecasts

Italy accused EU authorities of prejudice on Tuesday (7 May) after they forecast the euro zone's third largest economy would stagnate this year and its huge public debt would rise further.
Economy & Jobs 03-05-2019

Juncker points the finger at Germany, Austria, Netherlands for impeding eurozone reform

The Netherlands, Austria "and all too often Germany" are preventing deeper euro zone integration, European Commission President Jean-Claude Juncker told German newspaper Handelsblatt.
Future EU 18-04-2019

Ahead of EU polls, Poland’s Kaczynski urges crossparty anti-euro stance

The leader of Poland’s ruling conservatives on Wednesday (17 April) urged opposition leaders to back its view that the country should not join the euro until its economy is on a par with that of western neighbours. When Poland joined...
Economy & Jobs 12-03-2019

Eurogroup keeps anti-shock capacity for eurozone budget off the table

Eurogroup president Mario Centeno said late on Monday (11 March) that the future eurozone budget would not include a stabilisation function, despite insistance by France and a handful of other countries to broaden its scope.
Future EU 27-02-2019

The Brief – A political marriage on the rocks

It all looked quite harmonious in late January, when German Chancellor Angela Merkel and her French counterpart Emmanuel Macron pledged closer cooperation through the new Aachen Treaty. But just like in any relationship, at some point you go through a rocky patch.
Economy & Jobs 27-02-2019

Commission calls for reforms to combat economic slowdown

The European Commission will urge member states on Wednesday (27 February) to reform their economies as the risks related to the US-China trade war, a disorderly Brexit or the Italian economy could worsen the deceleration of the European economy.
Economic governance 07-02-2019

Uncertainty dampens European growth

Euro area economy is expected to slow down more markedly than initially expected, because of the impact of increasing risks, including a disorderly Brexit, and external tensions primarily driven by the US-China trade war.
Economy & Jobs 28-01-2019

Draghi steps into political debate, calls for more togetherness in EU

As European partners remain disunited on the way forward to strengthen the eurozone, ECB President Mario Draghi made a wholehearted defence on Monday (28 January) of the need to act together to complete the economic and monetary union and increase the influence of the common currency abroad.
Future EU 24-01-2019

Will the new Franco-German treaty revive the EU, or hold it back?

The new Franco-German co-operation treaty might strengthen the axis of the EU's two most powerful countries, but that might not be helpful for the rest of the bloc, writes Sofia Vasilopoulou.
Economy & Jobs 22-01-2019

Eurogroup kick off race for ECB chief economist, Ireland’s Lane puts name forward

Ireland presented Philip Lane’s candidacy as chief economist at the European Central Bank on Monday (21 January), as the Eurogroup opened calls for nominations in a relaxed first session of the year. 
Meaningful vote, Adamowicz, and the eurozone turns 20
Brexit 18-01-2019

Tweets of the Week: Meaningful vote, Adamowicz, and the eurozone turns 20

This week, Theresa May thrashed by her peers, mayor’s murder brings Gdansk to tears and the Euro celebrates 20 years. This episode is supported by ACCA.
Economy & Jobs 16-01-2019

Leaders call to complete eurozone on currency’s 20th anniversary

As the euro turns 20, leaders of the EU's main institutions called on member states to complete the reform of the Economic and Monetary Union, admitting mistakes were made in managing the eurozone debt crisis.
Economy & Jobs 14-12-2018

Leaders wrap up year-long euro reform with face-saving package

EU leaders concluded on Friday (14 December) a year-long discussion to bolster the eurozone by approving extra money to resolve failing banks and additional powers for the European Stability Mechanism, the EU’s rescue fund.
Brexit 12-12-2018

Europe speeds up plans for no-deal scenario as Brexit chaos grows

EU leaders will discuss late on Thursday (13 December) how to address the UK's concerns about its withdrawal agreement from the EU, but discussions on contingency plans are gathering pace as the chances of an orderly divorce continue to wane.
Economy & Jobs 27-11-2018

ECB urges completion of monetary union in ‘unstable’ world

ECB chief Mario Draghi called for the completion of the eurozone framework and to reduce divergencies between West and East members in order to protect the euro in a more "unstable" world on Monday (26 November).
Economic governance 25-11-2018

Commission ‘not at war’ with Italy, Juncker says

The European Commission has no plan to start a war with Italy over its budget, Commission President Jean-Claude Juncker said a day after a working dinner with Italian Prime Minister Giuseppe Conte on Saturday (24 November). But Rome confirmed that the main reforms included in the disputed budget will stay unchanged.
Economy & Jobs 25-11-2018

Commission: Italy, EU to work to bring views on 2019 budget closer together

Italy and the European Commission will work in the coming days to bring closer their positions on Italy's 2019 draft budget, which the EU executive says breaks EU laws by not reducing the country's huge public debt.
Brexit 23-11-2018

Katainen on Brexit: We have to take Spain’s concerns very seriously

Member states share Spain's concerns over the future relationship with Gibraltar after Brexit, Vice-President of the European Commission for Jobs, Growth, Investment & Competitiveness Jyrki Katainen told EURACTIV.com in a long interview where he addressed all the pressing challenges the EU is currently facing.
Economy & Jobs 22-11-2018

Germany proposes tough conditions for ‘European IMF’

Germany's plans for a "European Monetary Fund" to help eurozone states in difficulty would set strict eligibility criteria that shut out those who are failing to tackle high national debt.
Economic governance 21-11-2018

Commission launches excessive deficit procedure against Italy, saying it is ‘sleepwalking into instability’

The European Commission hedged its bets and called for the opening of an excessive deficit procedure against Italy on Wednesday (21 November) as Rome refused once again to revise its draft budget plan.
Future EU 21-11-2018

In Belgium, Macron pleads for ‘two or three speed Europe’, treaty change

French President Emmanuel Macron escaped protests over fuel prices and tumbling approval ratings at home with a series of state visits that placed Europe at the centre of attention. 
Economic governance 20-11-2018

Italy’s revised budget ‘did not dispel concerns’, Eurogroup president says

Italy’s slightly modified budget might not get the green light from the European Commission, the president of the Eurogroup, Mario Centeno, told the Parliament’s Economic and Monetary Affairs Committee on Tuesday (20 November), raising the likelihood of an excessive deficit...
Economy & Jobs 19-11-2018

Eurozone budget to be ready by 2021 say France and Germany

France and Germany's finance ministers on Monday (19 November) presented their proposal on establishing a eurozone budget by 2021, describing it as a "major political breakthrough".

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