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Italy's Padoan calls for tighter eurozone integration; Syriza rocked by reports of secret drachma plan; Poorer Bulgaria becomes...

Italy's Padoan calls for tighter eurozone integration; Syriza rocked by reports of secret drachma plan; Poorer Bulgaria becomes...
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27-Jul-2015
 

Euro & Finance

 

Recent News

Italy's Padoan calls for tighter eurozone integration

The eurozone needs deeper integration to remove the risk of a member country leaving the single currency, Italian Economy Minister Pier Carlo Padoan told the Financial Times in an interview on Sunday (26 July).

Syriza rocked by reports of secret drachma plan

Some members of Greece's leftist government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma, according to reports on Sunday (26 July) that highlighted the chaos in the ruling Syriza party.

Poorer Bulgaria becomes business haven for Greece

Faced with a deep economic crisis at home, at least 11,000 Greek companies have found a safe haven in neighbouring low-wage Bulgaria - the poorest member of the European Union.

Greek parliament passes second set of bailout measures

Greek Prime Minister Alexis Tsipras contained a rebellion in his left-wing Syriza party to win parliamentary approval on Thursday (22 July) for a second package of reforms required to start talks on a financial rescue deal.

Brexit fears haunt London's roaring trade in euros

If there is a symbol of British ambivalence to Europe then it may be the euro itself.

Second bailout vote to test Tsipras’ authority

Greek Prime Minister Alexis Tsipras tried to rally his Syriza party before a vote in parliament today (22 July) on the second package of measures demanded by international creditors to open talks on a new bailout deal.

German coalition in turmoil over Schäuble

The conflict over Wolfgang Schäuble’s Grexit proposal is entering a new round, after Vice Chancellor Sigmar Gabriel accused the finance minister of being unreasonable. EurActiv Germany reports .

LIVE: Towards a new bailout deal for Greece

Eurozone leaders reached an agreement on a third bailout to save Greece from bankruptcy on Monday (13 July). But a final deal is “still weeks ahead”. EurActiv reports, in real time.

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Interviews

Korčok: The last 6 years have been the most dramatic in the EU’s history

The years between 2009 and today will perhaps be seen as the most dynamic period of the EU’s history, Ivan Korčok, Slovakia's Ambassador to the EU, told EurActiv in an exclusive interview.

Daul: 'Orbán is the 'enfant terrible' of the EPP family, but I like him'

Joseph Daul, the president of the European People's Party (EPP), spoke to EurActiv France about Grexit, Brexit and the “enfant terrible” of the EPP, Viktor Orbán.

Stathakis: 'We have made more reforms in five months than previous governments did in five years'

Giorgos Stathakis, Greece's Minister of Economy, Infrastructure, Shipping and Tourism, spoke to La Tribune about his country's negotiations with its creditors.

Opinion / Analysis

Europe must learn from the Greece negotiations

The European Union will not survive a rerun of the Greek crisis. It must learn some hard lessons in order to emerge stronger, argue Karl Aiginger and Kurt Bayer.

From Brussels with regulations: Tsipras should have known better

Putin knows he can use Greece to drive a wedge between Brussels and individual EU member states, and Greek Prime Minister Alexis Tsipras should have known better when he makes plans for an extension of the Turkish Stream project across his country, write Sijbren de Jong and Willem Oosterveld.

The 12 July agreement puts Greece on a slippery slope towards right-wing extremism

The latest Greek bailout deal comes with harsh and humiliating conditions that will push anti-austerity voters into the arms of the extreme right Golden Dawn party, argues Pavlos Vasilopoulos.

Infographics

Ten tips for a successful Capital Markets Union

The European Union plan for a Capital Markets Union can help unlock the latent potential in financial markets. The banking industry is ready to support this proposal.

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