Time for a stronger and more sustainable Economic and Monetary Union

By |februar 14th, 2020|Economic and Monetary union, European Central Bank, News|

Despite continuous efforts by all decision-makers to reform and strengthen the Economic and Monetary Union, the European Economic and Social Committee (EESC) believes that its architecture still remains to be completed, writes Stefano Palmieri.

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Eurogroup fails to move forward on eurozone reform

By |december 5th, 2019|Banking union, Economic and Monetary union, ESM, Eurogroup, Italy, Klaus Regling, Mário Centeno, News, Paolo Gentiloni|

EU finance ministers failed to reach an agreement on Wednesday (4 December) on the reform of the EU's bailout fund and move to political discussions on the European Deposit Insurance Scheme ahead of the Euro summit next week.

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Recession fears grow as euro area inflation hits three-year low

By |avgust 20th, 2019|bond-buying, ECB, Economic and Monetary union, Eurostat, Eurozone, Inflation, Mario Draghi, News|

Inflation in the euro area fell to 1% in July, its lowest level since 2016, according to Eurostat data released on Monday (19 August), adding pressure on the European Central Bank to consider relaunching its economic stimulus program in September.

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Stabilisation mechanism in induced coma after EU leaders’ meeting

By |junij 21st, 2019|Economic and Monetary union, EDIS, Emmanuel Macron, Eurogroup, Eurozone, eurozone budget, Mark Rutte, News, stabilisation mechanism|

EU leaders failed to inject further ambition to a Eurogroup deal on watered-down reforms of the Economic and Monetary Union, including a budgetary instrument for the eurozone, at the Euro summit on Friday (21 June). 

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Rutte: ‘I will never support stabilisation mechanisms at euro level’

By |junij 21st, 2019|Economic and Monetary union, EU top jobs, European Council, eurozone budget, Mark Rutte, News|

In an exclusive interview with EURACTIV.com after the European Council, Dutch Prime Minister, Mark Rutte, said on Friday (21 June) that he "will never support" new budgetary instruments to stabilise the euro area if an economic shock hits the region.

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

By |januar 22nd, 2019|budget, ECB, Economic and Monetary union, Eurogroup, European Deposit Insurance Scheme, Eurozone, eurozone budget, Italy, News, top jobs|

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. 

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

By |januar 16th, 2019|ECB, Economic and Monetary union, euro, Eurozone, Jean-Claude Juncker, Jean-Claude Trichet, Mario Draghi, News|

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.

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

By |december 12th, 2018|Banking union, Brexit, Economic and Monetary union, European Council, Eurozone, MFF, News, Theresa May, UK|

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.

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EU claims stronger role for its currency despite flawed monetary union

By |december 6th, 2018|Capital Markets Union, Dollar, Economic and Monetary union, euro, News, Wopke Hoekstra|

The European Commission presented on Wednesday (5 December) a strategy to strengthen the international role of the euro days after member states continued to drag their feet to complete the economic and monetary union.

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Eurozone budget to be ready by 2021 say France and Germany

By |november 19th, 2018|Bruno Le Maire, budget, Economic and Monetary union, Eurozone, eurozone budget, France, Germany, Italy, News, Olaf Scholz|

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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