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Bettel: EU, Russia play a lose-lose game on Ukraine; France's economy minister calls for fiscal transfers in eurozone; French...

Bettel: EU, Russia play a lose-lose game on Ukraine; France's economy minister calls for fiscal transfers in eurozone; French...
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31-Aug-2015
 

Euro & Finance

 

Recent News

Bettel: EU, Russia play a lose-lose game on Ukraine

EXCLUSIVE / In the wake of repeated international calls for a ceasefire in Eastern Ukraine, Europe and Russia must abide by the Minsk accord, Luxembourg prime minister Xavier Bettel told EurActiv in an exclusive interview.

France's economy minister calls for fiscal transfers in eurozone

French Economy Minister Emmanuel Macron has called for a new start for Europe, telling a German newspaper the eurozone status quo would lead to the currency union's self-destruction and that fiscal transfers between member states are necessary.

French report pushes for early creation of Capital Markets Union

François Villeroy de Galhau, formerly the deputy CEO of BNP, has submitted a progress report on his investigation into investment to the French government. La Tribune reports .

ESM chief: Grexit still possible

Greece runs the risk of having to withdraw from the eurozone if it does not comply with its payment and reform obligations, says the European Stability Mechanism's Managing Director, Klaus Regling. EurActiv Germany reports.

Ahead of election, Syriza poses as guarantor of bailout deal

A major sell-off of Greek public assets promised as part of its huge international bailout will go ahead as planned, outgoing Greek Economy Minister Georges Stathakis said on Wednesday (26 August), despite looming snap elections.

Osborne seeks non-eurozone allies in Scandinavia

George Osborne, Britain's Chancellor of the Exchequer, on Monday (24 August) asked Sweden and Denmark to help bolster the influence of non-eurozone countries in the EU.

Official: 'Thousands' of bigwigs hold Swiss accounts

Thousands of so-called "politically exposed persons", or PEPs - a category that includes heads of state and other top officials - hold Swiss bank accounts, a Swiss foreign ministry official said yesterday (24 August).

Die Linke attacks EU institutions

After Sahra Wagenknecht attacked the EU and the euro, Die Linke leader Bernd Riexinger warned that institutions like the ECB have more power than elected governments. EurActiv Germany reports .

Stubb: Without UK, there is no EU

Without Britain, there is no European Union, Finland's finance minister said today (24 August) in a boost for his British counterpart George Osborne as he toured Scandinavia to drum up support for London's push to reform the 28-nation bloc.

Varoufakis: Greek deal was a coup d'état

Ignoring the will of the people by pursuing unpopular austerity policies plays into the hands of Europe's extreme right, say Yanis Varoufakis and Arnaud Montebourg. EurActiv France reports.

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Interviews

Bettel: What is best for the UK is not always best for the EU

In a candid interview with EurActiv, Luxembourg Prime Minister Xavier Bettel says he is not prepared to give anything to the UK, even though he agrees with David Cameron that we need a more efficient EU.

Economist: Greek capital controls won’t be lifted before mid-2016

The capital controls imposed on Greek banks were unavoidable, and will not be lifted before the second quarter of 2016, Dr Nikolaos Georgikopoulos said in an interview with EurActiv Greece .

AFD founder: 'Schäuble’s Greece policy is pure marketing'

German Finance Minister Wolfgang Schäuble’s latest plans for a euro tax have solidified the prospect of a transfer union, says Eurosceptic Bernd Lucke in an interview with EurActiv Germany . The founder of the Eurosceptic Alternative for Germany (AfD) party, argues that all the “talk about a Grexit” is just a bluff.

Opinion / Analysis

Towards a European Commission with fewer competencies for more power?

Fabian Willermain argues that turning the Commission into an elected and accountable European government would both legitimise the institution in the eyes of the citizens and take some powers out of the executive’s hands.

The European fairy-tale is over, but the story continues

If we are to believe the stock markets, all is well in Europe. But markets are in danger of underestimating looming perils such as populism, a Brexit, German dominance and weakening European power, writes Andy Langenkamp.

A Greek Versailles?

Former Greek Finance Minister Yanis Varoufakis denounced the July bailout agreed between prime minister Alexis Tsipras and the eurozone leaders as a “new Versailles Treaty”. Quincy Cloet asks if this is a fair comparison.

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.

Videos

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