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The Euro Area

26 May 2011 15:45 Between numbers and reality

The most debated news in Ireland last week, which managed to break through in media in spite of the historical visit of the British Queen, was a very worrying statement of the International Monetary Fund about Ireland's situation, accompanied for the first time by a warning to the entire Europe ...

24 March 2011 14:51 European Parliament backed the creation of ESM

On the eve of the European Council in Brussels the MEPs backed EU treaty changes needed to allow for the establishment of a permanent rescue fund for the euro area - the European Stability Mechanism (ESM). As it was agreed by the EU leaders on their meeting in December 2010, in Article 136 of th ...

21 March 2011 07:05 Hans im Glück vs. Clever Peter

I have never been a fan of national psychology theories, especially in their simplistic versions implying the "Germans are disciplined", "Bulgarians are cheap cheats" ,"Englishmen are snobs" and "Frenchmen are spoiled". I have always believed that modern society evolution should not be determine ...

14 March 2011 11:19 The eurozone informal Council - a weissbier for Ms Merkel

The leaders of the eurozone have agreed an important compromise regarding the rescue fund for the euro area, which will from now on be able to lend at a lower price and will be able to buy up government bonds at the primary market places. The leaders have also endorsed a Pact for the Euro, altho ...

7 March 2011 12:32 Europe from Helsinki against Europe from Athens

On the eve of the euro area summit on 11 March, the two major political families in the EU (the European People's Party, EPP and the Party of European Socialists, PES) held their own summits, with quite opposite final results. Of course, this is expected and understandable given the ideological ...

9 May 2011 18:12 Ireland will get a loan interest rate reduction without having to raise the corporate tax

Ireland will after all get a reduction of the interest rate of the bailout it got from the EU and the IMF, moreover without being forced to raise the corporate tax of 12.5%. This has been reported by the Sunday Times and the BBC, both quoting government sources. It is expected the European Commi ...

23 March 2011 08:24 Who will rescue the Eurozone rescue fund?

The EU financial ministers agreed on the creation of a European Stability Mechanism (ESM) to replace the temporary rescue fund for the euro area after 2013. Although certain parameters of the future safety net are clear, important details about its financing and functioning remain to be decided ...

16 March 2011 15:49 The debt crisis as a Brussels’ croissant

It is difficult to perceive the dept crisis as a towering tsunami while having breakfast of fresh croissants accompanied by 15 types of cheese and fragrant coffee. These were my thoughts while I was waiting for my next interlocutor to discuss the latest decisions of European politicians concerni ...

11 March 2011 07:12 Spain is the new big concern of the eurozone

On the eve of the eurozone summit Spain received a heavy blow to its already endangered image as the credit rating agency Moody's downgraded the country from Aa1 to Aa2. The reason is that, according to the agency, the cost of banking restructuring substantially exceeds the estimates of the gove ...

28 February 2011 14:34 Irish elections' results promise a renegotiation of the bailout loan's interest rate

Expectedly, Fine Gael won the Irish elections on 25 February, but failed to win an absolute majority in Parliament (the Dáil). At this stage of the vote counting, Fine Gael is having 70 seats (19 more than in the previous Parliament), the Labour Party - 36 (9 more seats), Fianna Fail - 18 (59 se ...

 
free talk corner
Adelina Marini
#indyref In #Scotland, a referendum is taking place today on staying or leaving the United Kingdom. Opinion polls from the past days show that the Scots are almost 50/50 divided on the issue whether they should continue on their own or should they stay as part of the UK and therefore of the EU. The expectations are that at least 80% of registered voters will have their say. The referendum will have a huge impact for the entire European Union and most of all for the existing views about independence movements across the continent
18 September 2014 09:15
Adelina Marini #indyref The voice of those who want #Scotland to remain part of the #UK has prevailed. With almost all votes counted, 55.42% of the voters said NO to Scotland leaving a more than 300-years-old union with England. 44.58% voted YES. Turnout was 84.48%. PM David Cameron said all pledges he made to Scotland will be met in full
19 September 2014 08:25
Adelina Marini
#ISIS #Russia #ebola The European Parliament adopted today several resolutions related to the foreign policy crises in the European neighbourhood. The MEPs called the EU sanctions against Russia to be enhanced and to cancel all the agreements in the energy sector, including South Stream. The EP has strongly condemned the murder of journalists David Foley and Steven Sotloff, as well as of David Haynes, an aid worker, by the Islamic State. They called on the EU to use all possible means to help Iraqi national and local authorities to fight IS, including by providing "appropriate military assistance". According to the EP, the Ebola outbreak has been underrated by the international community while it is a challenge for the global security
18 September 2014 16:11
Adelina Marini
#TeamJunckerEU The European Parliament is ready with the timetable for the hearings of the commissioner candidates and the vice presidents in Juncker's Commission. euinside will follow live the hearings of Economic and Financial Affairs candidate Pierre Moscovici, Vice President candidate Kristalina Georgieva, the candidate for enlargement negotiations Johannes Hahn, high rep Federica Mogherini and the other vice presidents. As some of the hearings overlap in time, euinside will cover live the hearings of Jyrki Katainen, Valdis Dombrovskis and Federica Mogherini. The other VP's hearings will be covered later. Here's the complete timetable of the hearings euinsi.de/sYYh
18 September 2014 15:58
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