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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
#Croatian daily Vecernji list reports that a solution has been found to the problem with the opening of chapter 23 in the negotiations with #Serbia. That there is a political agreement yesterday reported EU commissioner Johannes Hahn (Austria, EPP). With the solution all Croatian demands have been met - not to apply the law on universal jurisdiction in the processing of war crimes, full cooperation with the Hague tribunal and respect for national minorities following the international standards. This is still to be confirmed officially by all sides euinsi.de/N2Cl
27 May 2016 13:21
Adelina Marini
On the occasion of his visit today in #Greece #Russia President Vladimir #Putin has published in the English-language Kathimerini daily a detailed op-ed where he makes, as it seems, an 'indecent proposal' to the EU: "I am convinced we should draw appropriate conclusions from the events in Ukraine and proceed to establishing, in the vast space stretching between the Atlantic and Pacific oceans, a zone of economic and humanitarian cooperation based on the architecture of equal and indivisible security". The text does not make it clear whether Mr Putin is proposing the EU and Russia to distribute in a Crimean way the territories in this "vast space" or he means everyone to forget the Ukrainian developments for the sake of mutually beneficial economic cooperation. Further on in the op-ed the Russian president reminds Europe that it is facing a growing competition from "other power centres in the contemporary world" pointing to the Pacific region where the US has strong interests. You can read the entire article here euinsi.de/XIBw
27 May 2016 10:17
Adelina Marini
The #IMF has published its debt sustainability report on #Greece with new projections and proposals ahead of the key #Eurogroup meeting today which is expected to bridge the differences with the euro area on the restructuring of the Greek debt. According to the IMF, the proposed by the Eurogroup measures, like extension of maturities and payment deferrals would not be sufficient, therefore it is proposing also fixing interest rates. These three measures combined would reduce the Greek debt by 53% of GDP by 2040, the Fund believes. You can read the entire report here euinsi.de/Pwwo
24 May 2016 08:38
Adelina Marini #Greece The fact that the #Eurogroup ended early this morning is suggesting there is an agreement. And there is - both on the next tranche and the debt reduction which ensures IMF will be on board with the funding. Details on the agreement can be read here in the statement after the meeting euinsi.de/ZR0U
25 May 2016 07:53
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