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The debt crisis in the euro area

First it was the global financial crisis. Then came the debt crisis in the euro area, unleashed by Greece. A series of strong explosions followed in the eurozone - first Ireland, then Portugal and now the attention is focused on Spain and Italy. All measures, applied so far, failed to solve the problem in its roots and markets' lack of confidence that the EU would control the crisis still exercises strong pressure on the debt stricken economies.

28 August 2017 12:02 Commission Puts on Rose Coloured Glasses to the European Semester

The European Semester for 2017 ended officially at the end of June, when the leaders of member states adopted the Commission's country-specific recommendations. What are the lessons of this year's exercise? The semester was created at the peak of the financial and economic crisis to tr ...

24 July 2017 16:39 From Sintra to September - ECB Prepares for a Possible Change in Monetary Policy

Over two-thirds of the questions at the press conference following the July meeting of the European Central Bank Governing Council last Thursday revolved around Governor Mario Draghi's speech in the Portuguese city of Sintra on June 27, when he once again hinted at the possib ...

16 May 2017 16:35 EU Spring Economic Forecast - Optimism in Times of Uncertainty

"Uncertainty" is the focus of the European Commission's spring economic forecast presented last week. The topic is presented entirely in scientific terms, apparently aiming to give a meaningful explanation as to why economic forecasts are increasingly diverging from reality. This ...

8 February 2017 11:08 European Semester Shows EU in the Eye of the Storm

The state of European economics today resembles a nice, thick, white snow cover – gross domestic product growth is good, unemployment is dropping, investments are beginning to grow. EU economy has grown by 1.9% in 2016 and that of the euro area – by 1.7%, shows the Eurostat data ...

5 December 2016 11:58 The Crisis Is Over. Prepare the Ground for the Next One

Do you remember what the first thing was that European leaders did following the outbreak of the financial crisis in the euro area in 2009? A discussion was started on new rules for tightening of the fiscal discipline, for not long after the start of the crisis an agreement was reached ...

31 July 2017 18:55 EU Matures to the Need to Deal with Non-Performing Loans at the European Level

The European economy is recovering at a rapid pace, but its prospects still bear the legacy of the worst economic and financial crisis since the creation of the single European currency. One of the problems that the head of the European Central Bank Mario Draghi has consistently pointe ...

29 May 2017 11:07 Greece between IMF, German Elections, and the Future of the Euro Area

Disappointment flowed from the Eurogroup meeting on Monday of last week (May 22nd), when there was high expectation that an agreement with the International Monetary Fund would finally be reached on the issue of the Greek debt relief. After lengthy and painful negotiations, the meeting ended a ...

11 April 2017 19:22 Could Greece Really Turn the Page?

Will Greece manage to complete its bailout programme this time? This is the question that is hovering in the air after on April 7 the Eurogroup agreed in principle on the fiscal and reformist path of Greece after the programme expires next year. Since February, the Greek news from the meetings o ...

14 December 2016 11:50 Margarida Marques: Respecting the Rules Will Save the EU

The EU faces many challenges, but is capable of dealing with them if it follows the rules. Just like member states in the euro area need to adhere to budget criteria, the same approach needs to be used towards social issues and the rule of law. Only then will EU citizens see that the EU brings r ...

12 October 2016 11:18 Long Greek Crisis Is Causing Severe Jet-lag to the Eurogroup

In just a single month a great change happened in the assessment of European institutions of the implementation of the Greek programme. This change does have a price and it is a mismatch in perceptions. Eurogroup chief Jeroen Dijsselbloem (The Netherlands, Socialists an Democrats) admitted Monda ...

 
free talk corner
Adelina Marini
#SOTEU European Commission President Jean-Claude Juncker will in a few minutes begin his traditional state of the EU address in the European Parliament. Stay tuned for live updates or you can watch it live here euinsi.de/F2Go
13 September 2017 08:47
Adelina Marini #SOTEU Sergey Stanishev (S&D, Bulgaria): In your sixth scenario I see no division
13 September 2017 11:29
Adelina Marini
The news conference of #ECB President Mario Draghi is about to begin after today's GC meeting. Stay tuned for live updates
7 September 2017 14:33
Adelina Marini #Draghi: All reforms of the labour market should be aimed at eliminating dualism
7 September 2017 15:27
Adelina Marini
#Poland Frans #Timmermans after the College meeting: We have completed the legal analysis and concluded that the four proposed laws are a great threat for the rule of law
26 July 2017 12:08
Adelina Marini The European Commission has sent today its third recommendation to #Poland under the rule of law framework. Here you can find the recommendation itself and the conditions for triggering of Article 7 euinsi.de/LaHu
26 July 2017 12:35
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