14

Jun

EU finance ministers fail to agree on euro zone budget

European Union finance ministers failed to agree in overnight talks on some of the key features of a future euro zone budget and decided to continue discussions in the coming…

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03

May

Eurozone inflation rate in April beats forecasts

Euro zone inflation surged beyond expectations during the month of April, bring slight relief for the European Central Bank (ECB). Much of the surge was likely related to seasonal effects…

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30

Apr

Italy emerges from recession as Eurozone registered stronger-than-expected recovery

Italy's economy has emerged from recession as the eurozone enjoyed a stronger-than-expected recovery during the first quarter. The Telegraph reports that the worst of the eurozone’s economic slump may be over as…

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11

Mar

EU to add Bermuda to tax haven list

European Union finance ministers are set to add the British overseas territory of Bermuda to the bloc's blacklist of tax havens on Tuesday. But Reuters reports that  Italy is objecting…

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11

Mar

Corporate Dispatch Europe Explained – The Week Ahead

  A quick glance at the main forthcoming events in the European Union including EU Council, Commission and Parliament meetings and other EU-related conferences and events. Events for the week…

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07

Mar

Marked slowdown in eurozone growth says ECB chief

Countries with high public debt like Italy should increase their efforts to cut it, European Central Bank Governor Mario Draghi. Italy has the highest debt in the eurozone after Greece,…

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04

Mar

German public sector workers secure substantial pay rise

Germany’s public sector workers have secured a substantial pay rise that many expect that it will spur  consumer spending and buoy growth. The Financial Times reports that the rise, spread…

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03

Dec

Germany and France seek revival of EU financial transaction tax

Germany and France will on Monday seek to revive the long-delayed EU financial transaction tax by proposing that member states be allowed to use the revenues to reduce their EU…

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28

Oct

Italy is setting itself up for a monumental fiscal failure (FT)

The short history of the eurozone has taught us that resistance is futile. You cannot extricate yourself from its rules, to which all member states have agreed. Unless the Italian…

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18

Oct

Italy’s budget standoff (Updated)

Update: Brussels has reprimanded Italy’s populist government for breaking EU deficit rules in its first budget, putting the European Commission on course for an unprecedented rejection of a eurozone member’s…

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02

Oct

Moody’s plays down fears for eurozone stability stemming from Italy

International ratings agency Moody's said in comments released for publication late on Monday that it would provide an updated decision on Italy's credit rating by the end of October, with any…

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02

Oct

Italy urged to respect EU spending rules

Finance ministers from the eurozone’s largest economies have urged Italy’s populist government to respect the bloc’s spending rules, as they pushed Rome for clarity on its plans to tear up…

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20

Aug

Greece exit from crisis – a turnaround and a return to normality

As of today, Greece is now independent of international aid funds. Eight years ago Greece was on the brink of bankruptcy. The Financial Times reports "European leaders have heralded Greece’s…

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01

Jul

Sunday Morning Briefing

Good morning Sunday's morning briefing follows. Spain said that Barcelona will be the docking port for an aid boat that rescued 60 migrants in waters near Libya but was not…

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23

Jun

Tsipras, Greek bailout and a promise! The Tie!

Now that Greece’s creditors have reached a landmark Eurozone Deal, the only remaining question was answered late Friday, Alexis Tsipras put on a tie.   That’s what the famously tie-less…

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