About: five presidents' report

Economic governance 28-03-2017

ECB needs greater democratic oversight, TI says

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).
Euro & Finance 13-02-2017

Piketty outlines eurozone assembly proposal to ‘democratise’ single currency

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.
Euro & Finance 05-12-2016

Eurogroup ignores Commission’s expansionary fiscal target

Some eurozone members have expressed their willingness to invest more but did not take on board the executive’s proposal for a common positive fiscal stance to boost the bloc’s recovery, at a Eurogroup meeting held today (5 December).
Euro & Finance 20-10-2016

Commission’s top advisor championed market ‘discipline’ in crisis years

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.
Future EU 11-10-2016

EU puts ‘ever closer union’ on hold

As the EU prepares to celebrate its 60th anniversary, the “ever closer union” principle that underpinned the European project is being put on hold as the bloc struggles to survive its annus horribilis.
Future EU 22-06-2016

Sarkozy calls for ‘new European treaty’ after Brexit vote

Former French president Nicolas Sarkozy called Tuesday (21 June) for Paris and Berlin to make a joint push for "a new European treaty" following Britain's vote on whether to leave the bloc.
Euro & Finance 18-03-2016

Draghi warns EU leaders he can’t fix the economy on his own

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.
Euro & Finance 10-02-2016

EU looks for referee between eurozone and single market

The eurozone’s members and non-members have worked well in the past - but it remains unclear how to safeguard the single market against the deepening of the euro.
Andrew Duff
Global Europe 14-01-2016

The Frankfurt Protocol: Calling for a new treaty for the eurozone

Faced with a series of unprecedented difficulties, the EU has little choice but to move forward swiftly to the next stage of integration. The way to do that is through treaty change, argues Anfrew Duff in his latest pamphlet 'The Frankfurt Protocol'.
EU Priorities 2020 18-12-2015

Summit achieves minor progress on banking union deposit scheme

German chancellor Angela Merkel reluctantly accepted on Friday (18 December) giving a green light to start discussions on the European deposit insurance scheme, the remaining part of the banking union.
Euro & Finance 22-10-2015

Juncker eyes single seat for eurozone at IMF

The European Commission presented a “realistic” proposal on Wednesday (21 October) to create a single seat for the eurozone in the International Monetary Fund - a controversial idea that has been put aside for many years.
Euro & Finance 16-10-2015

Juncker and Draghi fail to win support for eurozone reform

The piecemeal approach orchestrated by Jean-Claude Juncker and Mario Draghi to address the root causes of the euro zone debt crisis and complete the Economic and Monetary Union (EMU) has not yielded any positive results so far, EURACTIV.com has learned.
Brexit 15-10-2015

EU leaders put EMU reform on the backburner

European Union leaders have postponed a deeper discussion of the future of the eurozone until December because of divergent views in the biggest countries and because of the more pressing migration issue, diplomats said.
French President and German Chancellor address a solemn plenary session in Strasbourg on 22 November 1989 following the fall of the Berlin's Wall
EU Priorities 2020 02-10-2015

A Franco-German duet in front of a fractious Parliament

Those who wish Europe well will be hoping that Merkel can emulate Kohl’s leadership, and that Hollande can cut a more commanding figure than the wily Mitterrand, writes Andrew Duff.
Euro & Finance 01-10-2015

Hollande and Merkel join forces to push for eurozone integration

Motivated by the urgent need for reform, the French and German heads of state will put aside their deep political differences and champion eurozone reform together. EURACTIV France reports.
Euro & Finance 21-09-2015

Commission lays the groundwork for post-2017 eurozone reforms

The European Commision has started laying the groundwork for the next stage of eurozone integration, claiming there is “political appetite” in European capitals to start discussing reforms, followng the French and German elections in 2017.
Euro & Finance 16-09-2015

The Five Presidents’ Report: Now is the time for debate

In its current state, the eurozone is not only vulnerable to economic crises and populist slogans from the left and right. It also lacks democratic legitimation, argues Joachim Poß.