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The Euro Area

28 April 2016 10:41 It's not the Monetary Policy, ... Wolfgang!

Some EU member states are starting to suffer from Euroscepticism because of migration – internal within the EU and the coming from outside the Union. Others are losing faith in the European project because of certain common policies, mostly linked to economics, third – because of E ...

2 March 2016 17:35 Eurozone and Schengen -- Two Parallel Realities, Crossing in Greece

How convenient would it be if once again it turned out that the sole culprit for not dealing with the refugee crisis were Greece.  But it is not. And it is very dangerous to go towards isolating it and even talking about "sacrificing" it in the name of the survival of Schengen lik ...

16 December 2015 21:16 Juncker: The Euro Area Crisis Is not Over Yet

The subject of the euro area's future is back on the agenda of the leaders of the 28 EU member states. This time, however, more specific decisions are expected. The five presidents’ report will be thoroughly discussed on the second day of the December European Council &ndash ...

24 October 2015 10:05 EP and Commission in a Row over the Future of the Euro Area, Council Is Indifferent

The long awaited concrete legislative proposals of the European Commission for deepening of integration in the euro area following the model, set in the five presidents’ report in June of this year, turned out to be nothing more than intentions for the EU to be buried b ...

9 October 2015 08:51 The Five Presidents' Report Is Starting To Separate the Euro Area from the EU

Only a couple of months ago it looked highly unlikely not only that there will be any significant steps towards deeper integration within the euro area, but also that hardly anyone were going to look into another vision about its future that is the five presidents’ report, presented&n ...

6 March 2016 19:51 It Is Too Early for a Euro Area Budget

The drama, surrounding the British question returned once more the talk about an increase of euro area integration back on the agenda – a conversation that has been going on mostly on a theoretical level after the presentation of the second roadmap for deepening of integration within ...

13 February 2016 12:48 A Rise of Anti-Disintegration Moods in EU

The week (February 8-12) got to a running start with anti-disintegration actions. As early as the evening before the start of the work week (Sunday) the leaders of Germany and France met informally in Strasbourg to discuss the future of the EU, whose survival is under threat. This set the tone f ...

3 November 2015 11:17 Staying Outside the Euro Area Has a Price

During the debt crisis years in the euro area expansion of the currency club was not the fashion, although towards the end of the crisis two Baltic states joined it – Latvia and Lithuania. So far, there is no new expansion visible on the horizon, mainly because there are no taker ...

14 October 2015 20:39 Euro Area vs. the Rest

The future of the euro area is not a debate that is easy to push, but European Council President Donald Tusk is set on squeezing in the subject onto the agenda of the October EU summit, which will commence in the afternoon of October 15th. This was stated by a high-placed EU source. In the  ...

23 September 2015 15:57 The Deepening of Euro Area Integration - Let's Not Put the Cart Before the Horse

The political autumn has begun with a flying start in the EU with the first serious discussions on the future of the euro area, sketched in the five presidents’ report, presented for the first time at the June summit. Preliminary expectations were that the report will d ...

 
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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