About: Olli Rehn

Economy & Jobs 17-04-2020

Finland’s Finance Ministry says economy could shrink up to 12% in 2020

Finland's Finance Ministry forecast the economy on Thursday (16 April) to contract by at least 5.5% in 2020, and said it could shrink by as much as 12% if restrictions related to the coronavirus were to last for six months.
Enlargement 13-09-2016

Romania and Bulgaria were not ready for accession, EU auditors confess

The European Court of Auditors (ECA) lifted the veil on a little-known page of European history yesterday (12 September) when it revealed the Court had initially opposed the accession of Romania and Bulgaria to the EU.
Development Policy 10-06-2015

Finland slashes development aid by 43%

The new centre-right Finnish government has decided to cut development aid by 43%, prompting furious reactions from NGOs and fears other EU countries will follow its example.
Elections 03-09-2014

UK government: Independent Scotland can’t both rejoin the EU and keep the pound

An independent Scotland could not rejoin the EU if it used the pound informally, a senior British minister will say on Tuesday (9 September), according to a former top EU official. Scotland's historic independence referendum is less than three weeks away.
EU Elections 2014 01-07-2014

Four of the seven Commissioners elected take MEP seats

Seven of the present EU Commissioners stood for European elections and all were elected. Commission President José Manuel Barroso announced today (1 July) that four of them will take their MEP seats, and informed of the temporary re-allocation of their portfolios, pending decisions of their replacements.
Euro & Finance 25-06-2014

Outgoing Finland PM named to key EU economics post

Jyrki Katainen, Finland's outgoing prime minister, is to become the EU's interim Economics Affairs commissioner, replacing compatriot Olli Rehn, who is leaving to join the European Parliament, the EU said Wednesday (25 June).
Euro & Finance 04-06-2014

Lithuania ready to adopt euro, Commission says

Lithuania meets all the criteria for joining the euro, the European Commission said on Wednesday (4 June), clearing the way for the Baltic state to become the 19th member of the single currency from the start of next year.
Euro & Finance 02-06-2014

Hollande’s taxes blamed for France’s failure on Commission debt targets

France will miss its European Commission debt targets this year and in 2015 because it failed to curb spending on healthcare and pensions and increased corporate taxes, which stalled growth and jobs, the EU’s executive said today (2 June).
EU Elections 2014 27-05-2014

Think tank: no reason to rejoice about high EU election turnout

The relatively high turnout seen at this weekend's European elections was not driven by a sudden rise in interest about European matters, nor by the supposed election of a new President of the European Commission, analysts argue. Rather, it was driven by anger and the rejection of the European project, according to analysts from the Centre for European Policies Studies (CEPS).
Olli Rehn
EU Elections 2014 26-05-2014

Commissioners search for signals to decide their future

Seven Commissioners have won MEP seats, but four of them are undecided if they will take them or stay on as Commissioners, in order to maximise their chances for a better future outside the European Parliament, EURACTIV has learned.
Manuel Valls
Euro & Finance 17-04-2014

France will keep its promises, says Manuel Valls

The new prime minister reaffirmed France’s commitment to reducing its national deficit, and ending the government’s unclear stance on EU affairs. EURACTIV France reports.
Elections 08-04-2014

New French cabinet tests German waters

France's new Socialist government delivered mixed messages yesterday (7 April) to Germany, its closest partner and the European Union's pivotal power, on its priorities for reducing the budget deficit and stepping up economic reforms to boost growth.
EU Priorities 2020 04-04-2014

New French cabinet shelves European affairs

The appointment of Arnaud Montebourg, and disputes over public debt, will complicate relations with Brussels. EURACTIV France reports.
Euro & Finance 07-03-2014

Brussels rings French deficit alarm

The European Commission has issued a warning about imbalances in France's economy. But an excessive budget deficit threatens to expose the country to first-time sanctions.
Euro & Finance 07-03-2014

Brussels renews criticism of German trade surplus

In its latest macro-economic survey, the European Commission again pointed the finger at Germany's high export surplus. Serious imbalances were also detected in Italy and France, EURACTIV.de reports.
Euro & Finance 27-02-2014

Growing divergences between Paris and Brussels on deficits

The latest European Commission forecasts offer little hope that the French deficit will be brought below 3% by 2015, contrary to France's pledges, EURACTIV France reports.
Euro & Finance 26-02-2014

Economic recovery picking up, but risks remain, Commission says

European Commission Vice-President Olli Rehn, responsible for economic and monetary affairs, told the European Parliament yesterday (25 February) that the EU economy was recovering overall, but warned of the risks of “protracted low growth” if structural reforms were not implemented.
EU Elections 2014 21-01-2014

Rehn clears way for Verhofstadt to lead Liberal’s election campaign

The two liberal candidates in the European Commission presidential race, Olli Rehn and Guy Verhofstadt, reached an agreement yesterday (20 January), cancelling their expected duel over the Alliance of Liberals and Democrats for Europe's candidacy for the European Commission presidency.
Elections 20-12-2013

‘I have a vision’, says liberal EU election nominee Olli Rehn

EXCLUSIVE / The EU's economic and monetary affairs commissioner, Olli Rehn, will compete with Guy Verhofstadt, who leads the liberal political group in the European Parliament, in what is expected to be a close race to head the campaign for the European Commission presidency next year. Rehn spoke to EURACTIV in an exclusive interview.
Elections 18-12-2013

Rehn in pole position to lead EU liberals in 2014 election campaign

Olli Rehn, the EU's economic and monetary affairs commissioner, has secured the support of 14 liberal parties to become the frontrunner of the Alliance of Liberals and Democrats for Europe (ALDE) at next year's European elections.
Euro & Finance 12-11-2013

Brussels to up pressure on Berlin for weak domestic demand

The European Commission will decide this week whether to scrutinise Germany's trade surplus for economic imbalances, which would undermine the nascent eurozone recovery, Olli Rehn wrote in an op-ed in the Frankfurter Allgemeine Zeitung.
Euro & Finance 06-11-2013

Commission confirms economic recovery in latest forecast

The European economy started to grow again in the second quarter of this year, after contracting in the first quarter, according to the Commission's Autumn European Economic Forecast, published on Tuesday (5 November).
Elections 03-09-2013

Wilfried Martens’ hospitalisation opens EPP leadership succession race

After Wilfried Martens, the long-serving president of the centre-right European People’s Party (EPP), was admitted to hospital, discrete talks have began about his succession despite his expected recovery, EURACTIV has learned.
Euro & Finance 14-08-2013

Finance Commissioner cautious as longest recession ends

The eurozone has exited its record 18 months of economic contraction as Eurostat GDP flash estimates recorded better than expected 0.3% growth in the currency area and in the wider European Union today (14 August).