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The debt crisis in the euro area

First it was the global financial crisis. Then came the debt crisis in the euro area, unleashed by Greece. A series of strong explosions followed in the eurozone - first Ireland, then Portugal and now the attention is focused on Spain and Italy. All measures, applied so far, failed to solve the problem in its roots and markets' lack of confidence that the EU would control the crisis still exercises strong pressure on the debt stricken economies.

12 October 2016 11:18 Long Greek Crisis Is Causing Severe Jet-lag to the Eurogroup

In just a single month a great change happened in the assessment of European institutions of the implementation of the Greek programme. This change does have a price and it is a mismatch in perceptions. Eurogroup chief Jeroen Dijsselbloem (The Netherlands, Socialists an Democrats) admitted Monda ...

28 September 2016 12:02 Is ECB Getting Political Too?

The boss of the European Central Bank Mario Draghi gave life to several pieces of news after the end of the summer vacation. Following the regular meeting of the Governing Council of the ECB on September 8th Mr Draghi announced the end of financial fragmentation, repelled the attacks against t ...

26 July 2016 13:53 Brexit Awoke an Echo of the Euro Area Crisis

In the first days following the June 23 referendum in Great Britain, in which voters decided that their country should leave the European Union, economic data showed the presence of a far stronger economic shock for the United Kingdom, than for the EU. A month after the publishing of t ...

12 June 2016 19:31 Is the End of the Greek Saga Near?

Have we committed to history the emergency meetings of the Eurogroup, or even the European Council, dedicated to solving the next Greek case – will it have enough money to pay wages and pensions, will it remain in the euro area, will it draw another loan, will it pay back the previous ones ...

30 May 2016 10:41 EC: Now Is Not the Time To Follow Rules

The crisis is officially over, budget policy no longer matters, rules do not matter during election time. Those are the messages from this year’s European semester, the culmination of which was the presentation of the country-specific recommendations on May 18th. At that time, th ...

5 October 2016 11:25 Populists vs. Lawmakers in the Debate on Spain and Portugal

Instead of a debate on the implementation of the law, the discussion on the temporary suspension of European funds for Spain and Portugal over systemic violations of EU fiscal rules turned into a rebellion against the law. The two and a half hour dialogue between European Commissi ...

14 September 2016 08:52 Commission's Politicalness Is Already Causing Anxiety in the ECB

Something unusual happened on Friday noon, heralding a very tough discussion on the future of Europe, which is already difficult. This happened following the informal meeting of the Eurogroup in Bratislava, which was supposed to send out the usual messages towards Greece on the implementation of ...

17 June 2016 19:48 EC Needs To Understand All Members Are Equal to the Pacts

The hearing of Dutch Finance Minister Jeroen Dijsselbloem in the EP’s economic committee on Tuesday was planned to be smooth and boring. The purpose of the hearing was for the minister to give an account about what has been accomplished by the Dutch rotating presidency during the six- ...

7 June 2016 20:13 Is the Euro Area Ready to Handle a Brexit?

The euro area is recovering slowly, but surely. So surely, that Economic and Monetary Policy Commissioner Pierre Moscovici (France, Socialists and Democrats) definitively announced the end of austerianism in favour of a looser fiscal policy. Supporting his call, the European Commission abdicated ...

7 May 2016 07:45 Spring Economic Forecast: Going out of Austerity Back To Keynesianism

This week, the European Commission revised down its forecast for the EU’s economic growth because of the continuing global instability, but also because of the internal European instability. The EC expects the effect on growth of the low oil prices and the devaluation of the euro to wane, ...

free talk corner
Adelina Marini
#euco In Brussels begins the October EU summit. On the agenda of the summit are the trade agreement with #Canada, migration, relations with #Russia against the backdrop of its role in Syria. The European Council today and tomorrow will be the first for UK PM Theresa May and for the new #Croatia PM Andrej Plenkovic. Stay tuned for live updates!
20 October 2016 14:32
Adelina Marini #euco #CETA While there are conflicting reports about whether Walonia will approve the latest proposal of the European Commission, #Bulgaria continues to insist on written guarantees and is not happy with what it is being offered so far, euinside has learned from own sources
20 October 2016 22:11
Adelina Marini
#HDZ leader Andrej Plenkovic and #Most of independent lists leader Bozo Petrov have announced they had reached an agreement to form a government. The agreement contains a precedent in #Croatia's recent history - a rotating presidency of parliament. Andrej Plenkovic called this decision "a European one"
7 October 2016 12:12
Adelina Marini #Croatia #politikaHR #Plenkovic said it was essential to earn the support of minorities for the sake of tolerance and relations with neighbours
7 October 2016 12:19
Adelina Marini
In the European Parliament has begun a debate on the situation in #Greece with the participation of Economic and Monetary Affairs Commissioner Pierre Moscovici. Stay tuned for live updates
4 October 2016 15:05
Adelina Marini #Greece #Moscovici: By the end of the year I want to see a deal on debt but this requires efforts from all sides - creditors, all partners in the Eurogroup and the Greek authorities
4 October 2016 17:15

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