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A meeting of the European Council

The European Council is the body which gathers together the leaders of the European Union so that they can decided on important for the Union issues. Usually, when all other institutional tools are being exhausted, the decisions are left to the heads of state and government. This is why euinside decided to separate these meetings from all other issues. Here you can follow which issues when were important as well as what happened to them.

8 October 2010 16:56 EU believes Ireland will pull itself out of the swamp

The situation in Ireland was among the main topics discussed during the first day of the informal meeting of European finance ministers in Brussels. The recent numbers announced by the local authorities showed that the costs of bank restructuring in the country will reach 50 billion euro, which ...

30 May 2010 15:34 Can the Council for Mutual Economic Assistance be a solution?

You have for friends a family in which the woman has a reduced ability to work, due to illness, and the man has not graduated university and suffers from gambling. This family has two children and a constant lack of money. They attempted to take a loan, covered by their apartment but the relativ ...

11 May 2010 11:37 World efforts for saving the euro

After a 12-hour-long and a probably dramatic meeting, the EU finance ministers agreed on a European Stabilization Mechanism worth 500 billion euro. On the same principle as the Greek finance assistance, the International Monetary Fund will participate in a complicated multi component scheme wort ...

6 May 2010 15:55 The Greek rescue will cost 110 bn euros for 3 years

The first rescue operation in the eurozone is already a fact. Greece will get financial assistance worth 110 bn euro in the next three years in exchange for reforms and spending cuts. This is written in the agreement the country concluded with the European Commission, the European Central Bank a ...

30 April 2010 18:54 Financial Ebola is spreading across Europe

The Greek financial virus is spreading like a wildfire across the euro zone. After it took its first victim (aside from Greece) Portugal on Tuesday, a day later it stroke the forth largest economy in the euro zone, that is currently holding the Presidency of the European Union - Spain. The credi ...

10 September 2010 12:08 Isn't it better that we have a single "northern" currency?

According to some European economists, the Old Continent's division no longer is on the axis from the Cold War - East vs. West but South vs. North. The analyses and also bare eye observations show that Northern economies are more resilient to crises, more competitive and with higher productivity ...

11 May 2010 19:38 What's next in the eurozone - integration or disintegration?

Against the background of the euphoria from Sunday's Ecofin's decision to create a special mechanism for the rescue of the euro - an euphoria shared by financial markets too, blamed for not quite fair methods toward the single currency - now it's turn for more sober assessments. "Europe faces a ...

8 May 2010 11:30 The Eurozone Creates its Own Rescue Fund

On the day of Europe - 9 May, the EU Finance Ministers will convene for an extraordinary meeting to discuss the Commission proposal for a European Stabilisation Mechanism. The decision for the urgent ECOFIN has been taken at the meeting of the eurozone countries late on Friday, 7 May. Although n ...

30 April 2010 20:02 The Greek contagion is spreading but the cure is uncertain yet

The situation in the eurozone is on the way of getting out of control since only for the past several days the following things came up: first, Greece's credit rating reached the absolute bottom (junk rating) and, second, Portugal's rating was downgraded too, indicating a repeat of the Greek sce ...

25 April 2010 12:06 Finally Greece asked for help

Just days after the smallest details on the rescue package for Greece have been worked out (a combination of the efforts of the 15 eurozone partners and the IMF) Athens requested the assistance. This ended months of speculations on whether Greece wanted help or not. The latest rumour was almost ...

 
free talk corner
Adelina Marini
#ECON Structural reforms should take place simultaneously across the EU member states, said @PierCarloPadoan, Italy's FinMin during a dialogue with the economic committee of the European Parliament. Currently he is presenting the priorities of the Italian presidency of the Council of the EU. One of the main pillars of the Italian programme for the next 6 months is structural reforms
22 July 2014 09:21
Adelina Marini #IT2014EU #Padoan: The euro area external representation is not among the Italian Presidency priorities but I will encourage a serious debate on how to achieve that
22 July 2014 10:56
Adelina Marini
#EUCO The odds are growing that #Italy's FM Federica Mogherini could be proposed to succeed Catherine #Ashton as EU's high representative for foreign and security policy. During the last EU summit when the heads of state nominated Jean-Claude Juncker as European Commission president, Italy's PM Matteo Renzi said he had no intention to nominate Mogherini because it was unrealistic to expect that Italy can get another top job since the ECB chief is an Italian (Mario Draghi) and Italy has just taken over the Council presidency. However, in the EU women are currently sought for the top jobs and nationality seems to be taking a back seat. Recently Renzi changed his position and decided to back his foreign minister. If she is to be approved, this will be another powerful post held by an Italian. In addition, we need to mention that an Italian is the chairman of the powerful economic committee of the European Parliament - Roberto Gualtieri. The heads of state will discuss the possible successors for Ashton and Herman Van Rompuy tonight at dinner. Stay tuned for live updates
16 July 2014 11:39
Adelina Marini #Italy's PM @matteorenzi is completely satisfied with Jean-Claude #Juncker's performance at last night's #euco euinsi.de/vVZb
17 July 2014 12:30
Adelina Marini
#euco The heads of state have requested the EIB to suspend all its activities in #Russia. They tasked the Council to prepare a list of individuals and entities for a new round of sanctions. More on the EU summit conclusions here
euinsi.de/JOfT
16 July 2014 23:08
Adelina Marini #euco have also tasked the @eu_eeas to present proposals for additional actions to restrict investments in #Crimea and Sevastopol
16 July 2014 23:49
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