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Adelina Marini
#EPhearings2014 At 1430 CET will begin the hearing of Vice President Designate Valdis #Dombrovskis, former prime minister of #Latvia. He will be responsible for the euro and social dialogue in the new Commission. In his written answers to the members of the economic committee of the EP he commits to a review of the work of the Troika and changes aimed at more transparency and more dialogue at local level. He also foresees a small budget for the euro area to finance incentives for those member states that implement structural reforms. You can watch the hearing live here or stay on this website for live updates euinsi.de/7y4v
6 October 2014 14:15
Adelina Marini #EPhearings2014 #Dombrovskis: I was born and grew up behind the Iron Curtain. For 50 years #Latvia was forbidden to be part of the democratic freedoms. The very perspective for countries like Latvia to be part of the EU underpinned deep transformation. I believe in the EU core values
6 October 2014 14:47
Adelina Marini #EPhearings2014 #Dombrovskis: We should also apply the #flexibility that currently exists but in a transparent and uniform way ensuring equal treatment of all member states.
6 October 2014 14:52
Adelina Marini #EPhearings2014 #Dombrovskis: EU should aim to evolve together - all the 28 member states. This evolution should be based on the community method
6 October 2014 14:54
Adelina Marini #EPhearings2014 #Dombrovskis: I hope no country will ever again need an adjustment programme #Troika
6 October 2014 14:55
Adelina Marini #EPhearings2014 #Dombrovskis: Social dialogue is essential
6 October 2014 14:56
Adelina Marini #EPhearings2014 Bukhard Balz (EPP, Germany) hoped #Dombrovskis will use his successful experience in recovering #Latvia in the euro area too
6 October 2014 14:59
Adelina Marini #EPhearings2014 #Dombrovskis: The successful recipe for growth is: structural reforms aimed at increasing competitiveness; enhancing the internal market of services, energy and the digital market; investments in innovation and knowledge
6 October 2014 15:01
Adelina Marini #EPhearings2014 #Dombrovskis: I don't see my position as superior to that of #Moscovici. We don't see this as a subordinate structure
6 October 2014 15:03
Adelina Marini #EPhearings2014 #Dombrovskis: We're willing and are able to work (with #Moscovici) in good cooperation despite our political differences
6 October 2014 15:09
Adelina Marini #EPhearings2014 #Dombrovskis: One of the reasons why some advanced economies are recovering faster than EU is investments
6 October 2014 15:12
Adelina Marini #EPhearings2014 #Dombrovskis: We should monitor not only the fiscal position of a country but also see whether the applied measures affect employment
6 October 2014 15:16
Adelina Marini #EPhearings2014 #Dombrovskis: The euro isn't the problem. There are countries outside the eurozone, including #Latvia who experienced severe financial and economic crises
6 October 2014 15:20
Adelina Marini #EPhearings2014 #Dombrovskis: In order to put some of the intergovernmental arrangements into the community method Treaty changes will be needed
6 October 2014 15:26
Adelina Marini #EPhearings2014 #Dombrovskis: The #austerity policy is a consequence of the crisis. It affects countries that run deep macro economic imbalances
6 October 2014 15:30
Adelina Marini #EPhearings2014 #Dombrovskis: The Commission plans to review the directive on posting workers. It's even possible to propose a new directive
6 October 2014 15:34
Adelina Marini #EPhearings2014 #Dombrovskis: By and large in EU we're done with fiscal adjustment
6 October 2014 15:40
Adelina Marini #EPhearings2014 #Dombrovskis: The countries whose currencies are pegged to the euro (Bulgaria) is worthwhile to join the euro area. This ensures security
6 October 2014 15:53
Adelina Marini #EPhearings2014 #Dombrovskis: Should the member states demand a special Treaty clause that allows leaving the euro area the Commission will prepare what's necessary. We have no intention to propose such a thing now (responding to a question by Bernd Lucke, leader of AfD)
6 October 2014 16:02
Adelina Marini #Ephearings2014 #Dombrovskis: The countries with floating exchange rates avoid entering the ERMII because this would mean a major monetary policy change
6 October 2014 16:15
Adelina Marini #EPhearings2014 #Dombrovskis: In the countries with current account surpluses there is scope for more stimulus of demand
6 October 2014 16:21
Adelina Marini #EPhearings2014 #Dombrovskis: All member states should be treated equally and while, for example, using the flexibiltiy within the existing SGP we should be doing it in a uniform manner
6 October 2014 16:28
Adelina Marini #EPhearings2014 #Dombrovskis: Personally, I fully stick to the #euro and I was campaigning very hard for Latvia to enter the eurozone and explaining why its worthwhile, why the euro is a stable currency
6 October 2014 16:35
Adelina Marini #EPhearings2014 #Dombrovskis: There's scope to strengthen the social dialogue at EU level. Social partners, however, have not come up with a single proposal at EU level, except sectoral proposals
6 October 2014 16:37
Adelina Marini #EPhearings2014 #Dombrovskis used his 5 minutes for a final statement to answer 1 question he didn't have time to - about the mistakes in dealing with the Latvian crisis. Many of them you can find in the country-specific recommendations, he said. Most of all energy independence which is very important in the current geopolitical context, he added
6 October 2014 17:29
free talk corner
Adelina Marini
#EUCO EU leaders are gathering today in Brussels for an informal summit to discuss the two most toxic issues on the agenda at the moment - the composition of the European Parliament and how to elect the next European Commission president, and budget 2021-2027. Stay tuned for live updates
23 February 2018 09:05
Adelina Marini #EUCO #MFF #Plenkovic: The solution is strengthening the system of own resources
23 February 2018 13:09
Adelina Marini
Soon will begin the first debate in the economic committee of the EP w/ #Eurogroup's new President Mario Centeno (Portugal). Stay tuned for live updates
21 February 2018 09:02
Adelina Marini #Centeno: For the first time #Portugal started to converge with the eurozone in 2017
21 February 2018 10:39
Adelina Marini
Today is a #Eurogroup day. The euro area finance ministers will meet in their usual format and in an expanded format. In the usual format they will discuss the #Greece bailout, the establishment of a European Monetary Fund and the nominations for Vice President of the ECB to replace outgoing Vitor Constancio. In the expanded format, which includes non-euro area countries, the completion of the banking union is on the agenda. Stay tuned for details
19 February 2018 14:25
Adelina Marini To sum up today's #Eurogroup. The main issue was the controversy around the election of Spain's FinMin Luis De Guindos as ECB VP. Second issue was whether there was a big drama between ECB chief Mario Draghi and #Greece FinMin Euclid Tsakalotos. No news regarding the subjects on the agenda - Greece, Ireland, EMU, banking union
19 February 2018 20:29

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