About: Eurozone
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).
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).
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.