Croatia enters Eurozone

Strasbourg 05.07.2022 MEPs on Tuesday gave a favorable opinion to Croatia’s bid to become the newest member of the eurozone from the 1st January 2023. Text adopted – Adoption by Croatia of the euro on 1 January 2023 * – P9_TA(2022)0271 – Tuesday, 5 July 2022 – Strasbourg https://t.co/USDR0StWWL — EUwatch (@EUwatchers) July 5, 2022…

Paschal Donohoe new Eurogroup president

The Eurogroup today elected Paschal Donohoe, Minister for Finance and Public Expenditure & Reform of Ireland, as President of the Eurogroup, in line with Protocol 14 of the EU treaties. I am deeply honored to be elected as the new President of the #Eurogroup. I look forward to working with all of my Eurogroup colleagues…

Centeno on pandemic crisis support

…”Today, we have welcomed the initiative of the EIB to create a pan-European shield which aims to guarantee 200 billion euros of lending with a focus on small and medium-sized enterprises. Again, this scheme is based on our collective financial strength at the national and European levels. Because we are stronger together. That is the…

EUCO: anti-COVID19 plan

The 27 EU leaders decided to offer the eurozone finance ministers two weeks to find a common economic response to the coronavirus crisis, European diplomats said. After more than six hours of discussion by video-conference, the heads of state and government of the 27 EU countries have reached agreement on a draft joint declaration to…

Merkel excluded debt releif for Italy

German Chancellor Angela Merkel has excluded debt relief for Italy, explaining in a newspaper interview published on Sunday (3/06/2017) that the principle of solidarity among eurozone member states should not turn the single currency bloc into a debt-sharing union. German Chancellor Angela Merkel dismissed the Italian government's calls to the European Central Bank for debt…

Charlemagne Prize: Macron calls for EU unity

President Emmanuel Macron received the Charlemagne Prize #Karlspreis in Aachen “in recognition of his vision of a new Europe.” In his acceptance speech, Macron put forward his long-term goals for the European 27 member-states bloc. French President is recognized for his contributions to European cohesion and integration as he receives the Charlemagne Prize in the German…

#EUCO: president Donald Tusk invitation

“At the upcoming spring European Council we will focus on trade and the planned US tariffs, the economic situation in the EU, digital taxation as well as Turkey and Russia. Additionally, we will discuss Brexit at 27 and the euro area reforms in the Euro Summit formation of 19 Leaders” – says the text of…

Juncker confident in France economy

France is on its way to tidy up its public finances, the European Commission president said on Monday, signaling confidence in the economic changes pursued by French President Emmanuel Macron before euro zone reform talks. 🎥 Watch live: joint press point by President @JunckerEU and French Prime Minister Edouard Philippe: https://t.co/8gqminKcct pic.twitter.com/Xe4iLNXAyx — EC AV…

Austrian politicians disapprove of Juncker’s voluntarism

Austria’s Social Democrat Chancellor Christian Kern and conservative Foreign Minister Sebastian Kurz rejected European Commission chief Jean-Claude Juncker’s vision to expand eurozone to the East and a border control free zone. In his annual State of the European Union speech (#SOTEU2017), Juncker suggested a vision of a post-2019 EU where some 30 countries would be…

Greece awaiting debt relif

Debt relief for Greece will be looked into at the next Eurogroup meeting on 22 May, according to Jeroen Dijsselbloem. The president of the informal body of the eurozone’s finance ministers made the announcement during a plenary debate in Parliament on 27 April. He also apologised to MEPs about recent remarks that proved controversial. Dijsselbloem…