Tag: Debt crisis in Europe
Cancer: A loss for German politics
Wolfgang Schäuble shaped the Federal Republic for decades; Federal President Steinmeier praised him as a “stroke of luck for German history.” His death could also have consequences for the Union.…
Business cycle: Germany is lagging behind – economy
The situation is bad, but better than expected in autumn: German economic output is expected to grow by just 0.2 percent this year. Only in two of the 20 euro…
Euro rescue package: Luxemburger leads huge aid fund – economy
It worked on the second attempt: the euro rescue package ESM gets a new boss. Former Luxembourg finance minister Pierre Gramegna is said to be in charge of the relief…
Eurogroup: Donohoe announces candidacy for President – Economy
Now the application is official – and so far there are no rivals: Irish Finance Minister Paschal Donohoe has in a two-page letter to his counterparts from the other euro…
Stability Pact: How the EU intends to relax debt rules – Economy
More leeway, but also more hardness – the EU Commission is proposing this deal to the member states in the rules for sound financial management. The authority presented the long-awaited…
Stability Pact: This is how the EU wants to relax the debt rules – Economy
stability pact : The EU wants to relax the debt rules Nov 7, 2022 3:07 p.m Reading time: 3 mins Open detailed view Installation by the Italian artist Maupal in…
Klaus Regling: Mister Euro stops – economy
Of Björn Finke and Alexander Hageluken He’s sitting in one of those sparse conference rooms during one of his last appearances as head of the euro bailout fund, and what…
Commissioners call for new EU debt – economy
Paolo Gentiloni and Thierry Breton complain that not all member states can put together 200 billion packages like the German one. Aid from Brussels, financed with joint debts, should be…
EU could deprive Rome of billions – economy
It’s about 69 billion euros in grants – and important economic policy reforms. After Spain, Italy is the biggest beneficiary of the EU’s Corona aid fund. However, like all states,…
Applicants for the euro bailout throw down – economy
The race to succeed Klaus Regling as head of the euro rescue fund is open again. The German’s term of office ends on October 7th. Nevertheless, the two remaining candidates…