Blog entry | May 20, 2012 - 10:29pm
Fortunately Greece is the only Eurozone member that faces existential problems to stay or leave the euro area. Ireland and Portugal got last week the seal of 'good direction' by both the Ecofin and the Eurogroup. The two are meeting the programme targets to cut down deficits.
Fortunately Greece is the only Eurozone member that faces existential problems to stay or leave the euro area. Ireland and Portugal got last week the seal of 'good direction' by both the Ecofin and the Eurogroup. The two are meeting the programme targets to cut down deficits. As for Madrid, the Rajoy government got the approval of Brussels for its bank recapitalisation plan. Last but not least Holland even without a government manage to put together a parliamentary agreement to cut down fiscal deficits. But lets take one thing at a time.
Article | May 15, 2012 - 9:17am
As talk of a Greek exit grows and yet another solution to the Eurozone crisis fails, the Council have sent out an urgent call for more expertise: "Council of the European Union is looking for one or more experienced Administrators (AD7) to temporarily (at least two years)."
Article | May 15, 2012 - 4:29pm
The Eurogroup meetings of 14 and 15 May confirm that the Eurozone is ready to discuss with Greece some changes in the Memorandum of Understanding (MoU) the country has signed with its 16 partners in the single currency.
Article | May 14, 2012 - 12:24pm
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
Blog entry | May 13, 2012 - 11:27pm
Ladbrokes and William Hill have apparently stopped taking bets on Greece withdrawing from the single European currency. According to the bookmakers, it is an inevitability, a racing certainty. If it does indeed happen, and, despite the bookies fervour, it is not inevitable, it will be a severe blow to the European project, and a heartening event for its detractors. But you will Europe react to this would-be devastating setback to the ongoing process of transnational integration?
Article | May 3, 2012 - 11:01am
The European Council has ended much speculation by finally agreeing to an extraordinary summit meeting at the beginning of June. Letters have been sent out to all member state governments, but with one vital detail missing: the exact date.
The European Council has ended much speculation by finally agreeing to an extraordinary summit meeting at the beginning of June. Letters have been sent out to all member state governments, but with one vital detail missing: the exact date.
Article | May 2, 2012 - 2:23pm
Jean Claude Juncker, the president of Eurogroup, speaking in an interview on 2 May, strongly criticised Germany and France for their policies to counter the Eurozone's debt crisis.
Jean Claude Juncker, the president of Eurogroup, speaking in an interview on 2 May, strongly criticised Germany and France for their policies to counter the Eurozone's debt crisis, but he said that the German minister of Finance, Wolfgang Schaeuble is the best choice to succeed him at the head of the 17 ministers of Finance group, next month when he resigns this post.
Article | April 30, 2012 - 2:27pm
This week's issue of New Europe newspaper carries an article entitled “Eurozone to add growth in its strategy”. Our printed twin says, “The Eurozone seems to be preparing for nothing less than a full change of course in its strategy in an effort to counter its sovereign debt crisis...attempting to brake the present vicious cycle of deficits and recession and return to a growth path”.
Blog entry | April 29, 2012 - 10:16pm
In the Eurogroup meting of 15 May, there will be probably a deep re-shuffle of the entire Eurozone's strategy to counter its sovereign debt crisis. The new factors for this possible re-orientation of the monetary zone will be the results of the French and the Greek elections of 6 May.
Article | April 24, 2012 - 1:12pm
In the Eurogroup meting there will be a deep re-shuffle of the entire Eurozone's strategy to counter its sovereign debt and bring the euro area in a long term growth path again.
Article | April 5, 2012 - 4:43pm
Social media such as Twitter, Facebook and all the others, are becoming more and more mainstream and less niche products for addicted young nerds that believe the only real world is virtual
Social media such as Twitter, Facebook and all the others, are becoming more and more mainstream and less niche products for addicted young nerds that believe the only real world is virtual.
Blog entry | April 1, 2012 - 8:42pm
One after the other, the Eurozone dignitaries have decisively rebuked the probability of any country leaving the single money zone, obviously referring to Greece in the first instance. And this, despite the fact that many do not believe that Athens can achieve the goals set by the second loan agreement of €130 billion and the new Memorandum of Understanding (MoU) the country just signed with the EU-ECB-IMF troika.
Article | March 27, 2012 - 2:38pm
One after the other, the Eurozone dignitaries have decisively rebuked the notion of any country leaving the single money zone, obviously referring to Greece in the first instance.
One after the other, the Eurozone dignitaries have decisively rebuked the notion of any country leaving the single money zone, obviously referring to Greece in the first instance.