Search Results for: European Council
Debunking $1.4 Trillion Europe Debt Myth in Post-Heta Age
March 17th, 2015
Austria’s decision to burn bondholders of a failed state bank may mean almost 1.3 trillion euros ($1.4 trillion) of European debt once deemed risk-free now comes with a hazard warning. Austria is the first country to wind down a ...
Remarks by Jeroen Dijsselbloem at the press conference following the Eurogroup meeting of 9 March 2015
March 10th, 2015
Remarks by Jeroen Dijsselbloem: Let me first report on our discussion on fiscal surveillance. In our meeting of 8 December we identified risks that seven Member States might not comply with the Stability and Growth Pact (SGP) in 2015 ...
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
Eurogroup meeting of 26 January 2015: Remarks by Jeroen Dijsselbloem
January 27th, 2015
Good evening and welcome to this press conference. This was our first Eurogroup of the New Year and already a lot has happened. Of course we discussed the latest news, which was the outcome of last nights Greek elections ...
Interview with Benoît Cœuré, ECB
November 10th, 2014
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ECB’s targeted longer-term refinancing operations (TLTROs) lower than expected? There ...
Merkel Toughens Position on Britain’s E.U. Demands
November 4th, 2014
Prime Minister David Cameron of Britain, under mounting pressure from anti-European populists, continued to insist on new measures limiting the right of Europeans to live and work there. Chancellor Angela Merkel of Germany has indicated that she is prepared ...
EU leaders agree to cut greenhouse gas emissions by 40% by 2030
October 24th, 2014
European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030. But key aspects of the deal that will form a bargaining position for global ...
Russia’s Rosneft takes EU to court over sanctions
October 20th, 2014
Russian oil giant Rosneft and a close associate of President Vladimir Putin are fighting the EU in court over sanctions imposed on some of Russia’s biggest companies, an official website indicated Friday. A Russian billionaire, Arkady Rotenberg, who is ...
Europe makes one step towards Russia, away from USA
September 3rd, 2014
Elections to the governing bodies of the EU finished, and it was the word of German Chancellor Angela Merkel that played the crucial role in the elections. After the discussion of the Ukrainian crisis, the leaders of 28 countries ...
UK businesses ‘want new EU deal’, says lobby group
September 1st, 2014
Most British businesses want the UK to renegotiate its relationship with the EU, according to a British Chambers of Commerce (BCC) survey. The lobby group said 60% of the 3,200 firms polled believed bringing some powers home would help ...