European Central Bank chief Christine Lagarde has responded to a recent German court ruling that challenged the bank's authority by saying the ECB is an independent institution, accountable to the European Parliament, that will continue to do whatever ...
The European Central Bank has launched a series of never-before-seen measures to cushion the economic blow from the coronavirus pandemic but it looks set to reaffirm Thursday (30 April) it will do more still, even if some of the options appear limited.
The EU member states are finally discussing an ambitious European Recovery Plan and the good news is that they already have the right tool at hand, writes Dragoș Pîslaru.
German Chancellor Angela Merkel signalled readiness on Monday (20 April) to finance economic recovery in Europe from the coronavirus pandemic through a bigger European Union budget and the issuance of joint debt via the European Commission.
This crisis is also teaching us logistical lessons, and particularly the need to produce things at home or closer to home. Eastern Europe remains competent and cheaper, and can make the difference in the EU supply chain, writes Radu Magdin.
EU countries are nearing an economic rescue plan for European countries worst hit by the coronavirus outbreak, sources said on Monday (6 April), but not at the level of ambition called for by Italy and Spain.
The European Commission is ready to consider backing common debt issuance in the eurozone to help the bloc weather the massive economic impact of the coronavirus outbreak, its president said on Friday (20 March).
The coronavirus pandemic will plunge the European Union into recession this year, the EU’s internal market Commissioner Thierry Breton said, estimating the bloc’s economy risked a 2-2.5% hit.
European Union finance ministers plan to agree on Monday (16 March) on a coordinated economic response to the coronavirus pandemic, with the European Commission forecasting the effects of the virus could push the EU into a recession. The action would...
The death toll from an outbreak of coronavirus in Italy has risen to 34, five more than a day earlier, officials said on Sunday (1 March), as the government prepared to boost spending to help the fragile economy.