About: Eurozone

Economic governance 14-06-2018

Eurogroup nears debt deal for Greek bail-out exit

Greece and its creditors are getting closer to a deal on a debt relief package to be sealed during the next Eurogroup meeting on 21 June, senior EU officials said on Wednesday (13 June).
Central Europe 13-06-2018

Bulgaria to launch joint application to euro waiting room and Banking union

Bulgaria will seek to join both the eurozone’s waiting room and the bloc’s banking union within a year, Finance Minister Vladislav Goranov said on Tuesday (12 June).
Future EU 08-06-2018

France tells Germany ‘it’s now or never’ to save the EU

France called today (8 June) for more ambition from Germany in reforming the euro zone, saying Europe faced a "now or never" moment with rising external threats from the United States and China.
Economy & Jobs 06-06-2018

Juncker: ‘Completing the EMU is more important than ever’

With an eye on Italy and Spain and the possible political and financial turmoil there, the European Commission chief Jean-Claude Juncker called once again on Tuesday (5 June) for a fast and deep reform of the Economic and Monetary Union.
Future EU 29-05-2018

President readies Italy for snap polls to be fought on EU, euro

Italy's president set the country on a path to fresh elections on Monday (28 May), appointing a former International Monetary Fund official as interim prime minister with the task of planning for snap polls and passing the next budget.
Future EU 28-05-2018

Technocrat PM to take over in Italy as President steps in to protect the euro

Italy's president is expected to ask a former International Monetary Fund official today (28 May) to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable.
Banking union 25-05-2018

EU ministers reach key agreement to unlock Banking Union file

Member states have reached an agreement on a package of measures aimed at reducing risk in the banking industry. The political consensus built upon a joint proposal by the French and German Finance ministers paves the way for a deepened reform of the Economic and Monetary Union.
Economy & Jobs 25-05-2018

Eurozone to decide terms of Greek bailout exit, debt relief in June

Eurozone finance ministers will decide next month on all measures, including further debt relief, needed for Greece to exit its bailout successfully, their chairman said on Thursday (24 May).
Elections 24-05-2018

Giuseppe Conte approved as Italian prime minister

Italy's president on Wednesday (23 May) approved little-known lawyer Giuseppe Conte's nomination to be prime minister of a government formed by far-right and anti-establishment parties.
Banking union 23-05-2018

Commission to pour cold water on Bulgaria’s Eurozone ambition

Euro-hopeful Bulgaria does not yet meet the criteria to adopt the single currency, the European Commission will say today (23 May) in an assessment of European Union countries that must one day switch to the euro.
Future EU 22-05-2018

Italian president hesitates as novice put forward as premier

Italy's anti-establishment 5-Star Movement and the far-right League on Monday (21 May) proposed Giuseppe Conte, a little-known law professor, as prime minister to lead their big-spending coalition government.
Economy & Jobs 16-05-2018

France ups the pressure for eurozone budget

Without reform the euro area won’t survive, according to France's economy minister, adding to the pressure on Germany a few weeks ahead of a crucial European Council summit. EURACTIV.fr reports.
Economy & Jobs 03-05-2018

Trump’s policies could throw EU’s economic expansion ‘off track’, warns Commission

The European economy is expected to continue growing at a robust pace, but faces negative spillovers from the fiscal stimulus and trade restrictions adopted by US President Donald Trump, the European Commission warned on Thursday (3 May).

Difficulties in combating money laundering in Europe

Despite tougher rules against money laundering, there are still many shortcomings among Member States, the European Central Bank and the Commission. EURACTIV.fr reports.
Elections 10-04-2018

France and Germany going through a rough patch

Neither France nor Germany is ready to acknowledge a cooling down in their relationship. But the German government's complete lack of flexibility is ruffling the feathers of the French side. EURACTIV.fr reports.
Future EU 28-03-2018

IMF demands €100 billion from Germany for eurozone safeguard

The IMF has a big plan: A multi-billion rainy day fund is meant to strengthen the euro. According to the proposal, Germany alone is supposed to pay €10 billion per year for a 10-year period. EURACTIV Germany’s media partner "WirtschaftsWoche” reports.
Economy & Jobs 14-03-2018

Portuguese PM: eurozone needs fiscal leg for stability, growth

The eurozone will never reach its full potential and may face a new crisis in the future without a fiscal capacity, Portugal's Prime Minister Antonio Costa told the European Parliament on Wednesday (14 March).
Future EU 13-03-2018

Merkel says she will visit Macron to discuss EU reform

German Chancellor Angela Merkel said yesterday (12 March), two days before she is to launch her new government, that she will pay a quick visit to French President Emmanuel Macron to discuss EU reform proposals.
Economic governance 20-02-2018

More banker than politician? De Guindos faces ECB litmus test

Widely credited with steering Spain through its worst recession in decades, its outgoing Economy Minister Luis de Guindos will hope to bring pragmatism and tenacity to the European Central Bank when he takes over as vice president in June.
Economy & Jobs 08-02-2018

Moscovici ‘not worried’ about market turbulences, raises EU growth forecast

European Commissioner for Economic Affairs Pierre Moscovici said on Wednesday (7 February) he is not worried about the volatility seen in markets, as the Commission revised upwards its growth forecast to 2.3% this year and 2% in 2019, both for the eurozone and the EU as a whole.

Rutte pours cold water on Bulgaria’s Schengen and Eurozone dreams

Dutch Prime Minister Mark Rutte poured cold water on Bulgaria’s ambition to unlock its stalled bid to join the EU border-free Schengen area on Tuesday (6 February) and said the country also needed more work to meet the criteria for joining the Eurozone.
Future EU 07-02-2018

Merkel ready for ‘painful compromises’ with coalition deal in sight

German Chancellor Angela Merkel said yesterday (6 February) she was ready to make "painful compromises" as negotiators from her conservative bloc and the Social Democrats (SPD) rushed to clinch a coalition government deal after months of political uncertainty.
Economy & Jobs 29-01-2018

Jens Weidmann – the anti-Draghi?

Next year, there will be a change at the helm of the European Central Bank (ECB). Speculation about Mario Draghi’s successor is in full swing. One controversial name is appearing over and over again: Jens Weidmann, the President of the Deutsche Bank. EURACTIV Germany reports.
Elections 29-01-2018

Czech MEP denounces ‘myths’ and ‘false arguments’ against introducing the euro

The euro has been fought against by everyone in the Czech Republic who doesn’t like the idea of deeper European integration. However, as centre-right MEP Luděk Niedermayer points out, myths and false arguments often dogs the debate about the common currency.