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December European Council

On December 16th and 17th EU leaders will meet for their summit (the European Council), which euinside expects to be extremely tense and controversial. Unfortunately this time we were unable to send a team in Brussels but we will keep you informed about everything that is happening at the Council, thanks to the latest live webcast technologies. In this topic you will find everything related to what's happening on Thursday and Friday.

2 March 2011 06:22 EEAG: Greece should leave the euro area and devalue the drachma

Germany would support a possible extension of the Greek bailout programme from the EU and the IMF, Chancellor Angela Merkel suggested after a meeting with Greek Prime Minister Georgios Papandreou in Berlin. The argument she pointed out was that the Irish rescue loan had the term of seven years, ...

16 February 2011 09:48 The permanent euro area rescue fund will be twice as large as the current

The European Stability Mechanism (ESM) will be able to lend its full capacity of 500 billion euro to troubled euro area member states. This became clear after the extended meeting of the Eurogroup with the finance ministers of non-euro area countries on February 14th. "The loan capacity of the E ...

21 January 2011 15:20 A stress test year for the euro area

The first meeting of EU finance ministers - for this year and the first under the Hungarian presidency - ended with no fundamental news, but rather with some indicative guidelines for future intentions. Two main issues were discussed during the meeting - conducting a new set of bank stress tests ...

3 January 2011 09:08 Less EU and more euro area after a German model with British ornament and a French facon

I am not convinced that we actually take stock of what is going on in the European Union, especially in the euro area. In fact, ever since the EU started to enlarge, no one actually realised what was going on in it, no matter the fact that it started to institutionalise more closely, to integrat ...

18 December 2010 13:16 EU: we rescue only as a last resort!

The permanent bailout mechanism for the euro area countries will be activated only when necessary. This becomes clear from the final text, which EU leaders agreed to be added to Article 136 of the Treaty on the functioning of the EU (TFEU) to set up a European Stability Mechanism: "The Member St ...

16 February 2011 14:10 Bruegel: Greece is insolvent, urgent debt reduction is needed

At their March Summit, the leaders of the euro area countries are expected to come forward with concrete proposals for tackling the debt crisis - on the changes in the euro area rescue fund (EFSF), on the nature and functions of the permanent fund - the European Stability Mechanism, on the Pact ...

26 January 2011 14:40 Impressive market debut of the euro area rescue fund

The euro area rescue fund (the European Financial Stability Facility, EFSF) debuted strongly on the financial markets. Its first ever bond issue reaped stormy investors' interest, as the data published by the Financial Times show. Against the background of the planned issue worth 5 billion euro, ...

18 January 2011 09:10 Brussels wants a bigger and more flexible rescue fund for the euro area

The European Commission wants the effective financial capacity of the European Financial Stability Facility (the rescue fund for the euro area) to be reinforced and the scope of its activities to be widened. This is clear from the Annual Growth Survey, presented in Brussels on January 12. Accord ...

20 December 2010 11:16 If the EU wrote letters to Santa

The moods at the EU leaders meetings are becoming more and more tense, thus increasing the possibility some of them to lose it. This is happening against the backdrop of the receding light in the tunnel for the eurozone countries put under the pressure of financial markets. In such an environmen ...

16 December 2010 18:57 The EU leaders agree on the European Stability Mechanism

The EU leaders have agreed on a limited amendment of the Treaty on the Functioning of the EU (TFEU) in order to create a permanent stabilisation mechanism for the euro area - European Stability Mechanism (ESM). This is written in the draft conclusions of the European Council, circulated by media ...

 
free talk corner
Adelina Marini
#FAC #Russia The FM of Belgium @dreynders expects the official position of #Greece on Russia. According to him, it will be good if the EU position on Russia remained united and a decision on more sanctions to be taken. The EU foreign ministers are having an extraordinary meeting today in Brussels to discuss further measures in the wake of the latest events in Ukraine (the rocket attack on Mariupol)
29 January 2015 14:50
Adelina Marini @DLidington: The loss of life that we saw in #Mariupol was the worst loss of life with the single exception of MH17 that we have seen throughout this conflict. It is the EU duty to prepare options for the future including, I think it's now necessary, the possibility of further restrictive measures
29 January 2015 15:27
Adelina Marini
There's no need of changes to the #economicgovernance of the EU (six-pack&two-pack). We only need implementation, said #Latvia's FinMin Jānis Reirs
27 January 2015 14:18
Adelina Marini #Dombrovskis: An assessment of #Italy on its compliance with the public debt rule will be made in March together with the assessment of the draft budgetary plan. All policy options are open
27 January 2015 14:39
Adelina Marini
#CVM The latest Eurobarometer poll on the perceptions of the Bulgarians and Romanians about the Cooperation and Verification Mechanism illustrates the growing gap between Bulgaria and Romania in terms of implementation of the benchmarks in the annual reports. Almost a third of the Romanians say the situation with the shortcomings in the judiciary is improving. The attitudes in neighbouring Bulgaria are quite the opposite. Only 24% are of the opinion that the situation with the fight against organised crime is improving which is down from 38% in 2012. 13% of the respondents said that the situation in the judiciary is improving. In 2012, their number was 33%. The complete Eurobarometer research can be found here euinsi.de/x6hr
27 January 2015 12:46
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