World news about “Eurozone crisis recovery plans” published by euronews.
Euro slumps on ECB Draghi’s comments The European Central Bank has said it will monitor what impact the stronger euro is having on the region’s economy to make sure it does not derail the… 07/02/2013
Eurozone’s new year challenges It may be a new year, but there is little new hope for the eurozone. Having headed off a break up – through Greece and maybe others dropping out – the… 02/01/2013
Christmas Day volunteers in Greece – nocomment A former homeless person volunteers at a Greek Orthodox church food distribution centre on Christmas Day. 27/12/2012
European Commission agrees to support ailing European car industry Peugeot, Opel, Ford … successive closures in Europe mean the car sector is struggling. In an action plan presented today, the European Commission committed to… 08/11/2012
France and Belgium agree fresh cash injection for Dexia France and Belgium have agreed to inject 5.5 billion euros into Dexia, after the lender made another substantial loss. The two states pumped 6.4 billion… 08/11/2012
Eurozone crawls towards bank oversight Eurozone leaders have agreed there will be a single supervisor responsible for overseeing the region’s banks from next year, but the details of how that… 19/10/2012
Reactions to EU summit in Brussels Economic concerns are dominating the latest EU summit in Brussels, but some commentators, analysts and politicians are looking beyond headline issues, such as… 18/10/2012
Merkel softens stance on eurozone strugglers “Stop the finger-pointing” – the call from German Chancellor Angela Merkel who has been praising the efforts of eurozone countries fighting the debt crisis… 16/10/2012
OECB holds fire on rate cut Having taken to the unusual retreat of Brdo castle in Slovenia, quitting their tower in Frankfurt to incant over the ECB runes, the interest rate has stayed… 04/10/2012
German court’s ESM relief Germany’s Constitutional Court has won high-level cheers for giving the green light for Berlin to ratify the future European Stability Mechanism (ESM) and a… 12/09/2012
Temperatures rise in Germany’s euro-fever In Germany, a close ally of Chancellor Angela Merkel has called into question the independence of the European Central Bank over its newest plan to save the… 10/09/2012
Draghi prepares to unveil bond buying plan Under pressure to slash the borrowing costs of the eurozone’s weakest member states, ECB chief Mario Draghi is due to unveil his latest bond-buying plan on… 05/09/2012
Germany urges no backsliding by Athens Germany is maintaining a hard line with Greece as Athens lobbies for two more years to reduce its deficit to promised levels. After German Foreign Minister… 20/08/2012
Greece euro exit chances mount The chances of Greece leaving the euro in the next 12 to 18 months have now risen and stand at about 90 percent according to experts at the US bank Citigroup… 26/07/2012
EU summit to focus on banking union European leaders will discuss ways of forming an EU wide banking union at a summit in Brussels this week, according to a document released ahead of the crunch… 25/06/2012
IMF head issues world a triple warning IMF head Christine Lagarde has issued a stark warning that the world faces a crisis in three parts declining incomes, environmental damage and social unrest… 12/06/2012
Eurozone banking union on the cards France believes the bailout package to aid Spanish banks is the first step towards a eurozone banking union. Socialist President Francois Hollande backs the… 12/06/2012
Irish yes or yes on EU fiscal pact ‘Let’s be practical,’ the Irish have been forced to think in casting their referendum votes for or against tighter new European Union fiscal rules. They are… 31/05/2012
OECD supports growth urgency A joint call for a growth strategy combined with austerity came out of the G8 summit on Saturday – even Germany recognised it officially – but between saying… 23/05/2012
Eurozone narrowly misses double dip recession The eurozone avoided recession in the early part of this year, but only just, and that was thanks to growth of 0.5 percent in Germany from exports… 15/05/2012
Athens still able to borrow despite political uncertainty Uncertainty over Greece’s political future had only a limited effect on Athen’s ability to borrow money. The amount of interest it had to offer on its… 08/05/2012
IMF sees ‘dark clouds’ over the recovery The International Monetary Fund’s Christine Lagarde has again delivered a mixed message about the global economic recovery and warned “the eurozone is the… 19/04/2012
Greece avoids default, but for how long? What has happening in Greece is the biggest restructuring of government debt in history. It comes after a nerve-wracking week when it looked like Greece’s… 09/03/2012
G20 tells Europe ‘give more cash before we help’ Show us the money was the message to Europe from the meeting in Mexico of finance ministers and central bankers from the G20 world’s leading economies… 27/02/2012
No end to the Greek tragedy Greece has been in the focus once more: Eurozone finance ministers reached a last-minute agreement on a bail-out – but nobody was in the mood to celebrate… 24/02/2012
China pledges more help to solve Europe debt crisis China says it is ready to take a more active role in looking for a solution to the European debt crisis. Prime Minister Wen Jiabao made the statement at… 14/02/2012
Eurozone inflation stable Consumer price inflation in the eurozone stabilised in January. It was at 2.7 percent for the second straight month That is down from last year’s peak and… 01/02/2012
Greek budget woes worsen As inspectors from the European Union , the IMF and the European Central Bank —- the so-called troika — continue to comb through the government’s accounts at… 13/12/2011
Monti’s austerity plan angers unions Mario Monti’s so-called ‘Save Italy’ emergency decree measures announced on Sunday have not been well received by the country’s unions. However, in most… 05/12/2011
Euro zone’s largest economies stagnating German says strong industrial output helped its economy grow in the third quarter but the region’s debt crisis will dampen through the end of this year and… 09/11/2011
Italy becoming euro zone’s new big headache As Italy threatens to take over from Greece at the heart of the euro zone debt crisis, European finance ministers have been meeting in Brussels. Weighed… 08/11/2011
Europe Weekly: Have Europe’s leaders done enough to save the euro? EU heads held two emergency summits this week aimed at saving the euro. Slicing Greece’s debt in half, increasing the EU’s bail-out fund and protecting… 04/11/2011
China-EU soft power aid The vast economic power of China is increasingly under European scrutiny, with an undercurrent of assumption that Beijing will find it in its own interest to… 03/11/2011
Chinese motives for euro-zone help For insight into China’s moves to support the euro zone, euronews spoke to its expert in Beijing, Robert Lawrence Kuhn. Seamus Kearney, euronews: Is China… 28/10/2011
Europe Weekly: Have Europe’s leaders done enough to save the euro? EU heads held two emergency summits this week aimed at saving the euro. Slicing Greece’s debt in half, increasing the EU’s bail-out fund and protecting… 28/10/2011
After the summit: Is the crisis under control? The past week’s top story was by far the marathon EU summit that finally produced an agreement to tackle the debt crisis that has been rattling the continent… 28/10/2011
Euro crisis: what now for the region’s economy? Europe’s leaders may have stopped the rot for now but the financial crisis is far from over and the region’s banks are still staring into a deep black hole… 27/10/2011
Stocks surge after deal reached European markets gave a strong thumbs up to the EU’s debt breakthrough last night. Wall Street followed suit when the New York exchanges opened. There were… 27/10/2011
Euro debt crisis: the impact of the eurosceptics The euro zone debt crisis appears to be emboldening many eurosceptics, most notably in Britain, to push for a redefinition of relations with the EU. While… 25/10/2011
High stakes at euro summit As the latest euro rescue summit loomed, there remained major differences on confronting the currency bloc’s worsening sovereign debt crisis Germany set the… 25/10/2011
Norway may help euro zone if asked Norway says it would consider using some of its North Sea oil wealth to strengthen the euro zone rescue fund if asked. Norway’s finance minister Sigbjoern… 24/10/2011
Swift payment of Greek aid urged by troika – report The European Union, IMF and European Central Bank’s ‘troika’ mission to Greece is recommending paying out a sixth instalment of aid to Athens “as soon as… 20/10/2011
In theatres near you: ‘Saving Private Banks’ The banking sector is in the spotlight in this edition of Business Weekly. A growing number of European banks is threatened with downgrading by rating… 14/10/2011
How do you solve a problem like the debt crisis? European Commission President Jose Manuel Barroso has unveiled a plan he says “charts Europe’s way out of the economic crisis”. He said the region’s banks… 12/10/2011
Indignation spreads, the ‘Six Pack’ is taken off ice, and Spain is slammed for fishy practices In this week’s edition of Europe Weekly finance ministers approve the so called ‘Six Pack’ and German Chancellor Angela Merkel admits a recapitalisation of… 07/10/2011
Europe’s revamped bailout fund tops finance talks The story has a familiar ring – Europe’s finance ministers hold crucial talks on how best to save Greece and stop the whole euro project going into free fall… 04/10/2011
More discipline to avert default Elena, from Paris, asks: I’d like to know how the European Union could really oblige the euro zone countries to respect budgetary discipline in the use and… 30/09/2011
Greece promises to do more for its bailout cash Desperate to avoid immediate bankruptcy and to get its next instalment of aid money from Europe and the International Monetary Fund, Greece is to speed up the… 21/09/2011
Greek default fear infects markets Europe’s financial markets fell sharply as the new week started on fears that the Greek government is close to running out of money. At the same time … 19/09/2011
Are credit rating agencies too powerful? Credit rating agencies too powerful? Victor, from Fontainebleau, France: “How did credit rating agencies manage to acquire such power over the European… 16/09/2011
Growth worries push stocks into the red Worries that US policymakers are not doing enough to prevent the world’s biggest economy from falling into recession pulled down Europe’s stock markets on… 09/09/2011
German ruling sparks market rebound Hopes that the European debt crisis may ease after Germany’s top court smoothed the way for Berlin to participate in bailout packages lifted Europe’s… 07/09/2011
Fed walks a fine line between recovery and reversal This week’s edition of Business Weekly takes a look at the United States. Against the backdrop of an economy that is losing steam, the Federal Reserve Bank… 24/06/2011
EU Council: no commentThe ‘crucial’ June EU Summit proved not so crucial after all given the delay on the decision about the new Greek bailout. Only a deadlock in the… 24/06/2011
Protests in Greece against austerity and markets – nocomment Protesters maintain austerity protests in front of parliament in Athens, Greece. 22/06/2011
Moodys bad news and bad moods for Ireland Not good news for the Emerald Isle as Moodys cut Ireland’s rating by two points almost to the verge of junk status to keep the outlook negative. The euro… 15/04/2011
Europe between debt and inflation How does the ECB’s rate hike effect the euro zone recovery? What happens to the budget consolidation in countries like Ireland, Greece and Portugal? These are… 08/04/2011
Eurogroup approves delayed funds for GreeceEuropean finance ministers have agreed to release the next instalment of Greece’s much-needed loan. This next payment of 34.4 billion euros had been… 13/12/2012
Clinton aims to fix future path of US-EU policyUS Secretary of State Hillary Clinton’s upcoming visit to Europe, number 38, is likely to be her last in the office; she is expected to step down in the… 30/11/2012
Merkel wants ambitious overhaul of euro zone in 2-3 yearsGerman Chancellor Angela Merkel called on fellow European leaders on Wednesday to agree an ambitious, concrete plan for closer fiscal and economic integration… 07/11/2012
EU summit in ‘small revolution’European leaders have agreed a deal on a banking union. France and the European Commission arrived at the summit keen to run ahead with a new European bank… 19/10/2012
While Spain sinks, Merkel insists on processThe EU summit has broken up supposedly after laying the foundations for banking union, but in fact behind the scenes it appears little has been decided and… 19/10/2012
Hollande, Merkel set to clash over banking supervisionFrench president Francois Hollande and Chancellor Angela Merkel will look to settle their differences over EU banking supervision during a two-day summit in… 18/10/2012
Hollande, Merkel differ over EU banking supervisorFrench president Francois Hollande is set to clash with German Chancellor Angela Merkel in Brussels on Thursday. EU heads of government are in the Belgian… 18/10/2012
Clashes in Athens amid latest Greek day of actionThe latest demonstrations against austerity measures in Greece have led to some clashes between protesters and police. Four thousand officers have been… 18/10/2012
Merkel wants Brussels veto on state budgets that break EU rulesGerman Chancellor Anglea Merkel wants the EU to have the right to veto member states budgets. She said Brussels should be allowed to intervene when when… 18/10/2012
European Stability Mechanism to come into forceThe Eurozone’s 500 billion euro rescue fund gets up-and-running today when finance ministers meet in Luxembourg. The formal launch and inaugural board… 08/10/2012
Cash crunch for Greece in NovemberThe Greek prime minister says Greece will run out of money by the end of next month if it does not receive the next installment of its bail-out… 05/10/2012
Portugal PM negotiates with union and business leadersPortugal’s Prime Minister Pedro Passos Coelho has been locked in talks with business and trade union leaders. He has taken what analysts believe is a rare… 24/09/2012
France backs Greek austerity delay – at a priceGreece must deliver on its reform promises. That was the message from French Finance Minister Pierre Moscovici who was in Athens on Thursday to meet Prime… 13/09/2012
German court backs EU bailout fundTop judges in Germany have confirmed that the eurozone’s new bailout system does not breach German law. Some 37,000 plaintiffs lodged a complaint with the… 12/09/2012
Barroso wants EU to become ‘federation of states’We are all in this together – not as an all-engulfing single entity, but as separate, democratic parts working towards a common goal. That is one of the… 12/09/2012
Spain announces more big spending cutsPrime Minister Mariano Rajoy told reporters that he would do “what was best for the Spanish people”. But he failed to mention that that would include new… 04/08/2012
Draghi’s vow to save the eurozone criticisedEuropean Central Bank Chief Mario Draghi can certainly move the markets – more than six percent higher in the case of Spain on Thursday. But his vow to save… 27/07/2012
Finland’s threat to block bond buy back criticisedThe president of the European parliament has criticised Finland’s decision to try to block the use of the eurozone’s bailout funds to buy back government… 03/07/2012
Italy and Spain are main beneficiaries after EU summitThe two-day EU summit in Brussels is being seen as a political victory for the leaders of Italy and Spain over their German counterpart. Italian prime… 30/06/2012
Germany parliament approves Brussels bailout plansHours after putting together a bailout scheme at the EU summit in Brussels, German Chancellor Angela Merkel was back in Germany for a vote on it in the… 30/06/2012
Euro crisis – the winners and the losersAs the euro crisis deepens, at least Spain is enjoying some relief in the other Euro, the footballing one, with the national team qualifying for the final… 28/06/2012
EU leaders brace for marathon talks in BrusselsThis Thursday and Friday’s EU summit is the 20th since the start of the financial crisis, yet it seems we are back at square one. Banks are again in danger… 28/06/2012
Eurozone leaders meet to consider closer fiscal unionThere are fears that borrowing costs could rise after the credit ratings agency Moody’s downgraded 15 mostly European and American banks. On Friday European… 22/06/2012
Spain’s borrowing costs rise again on bailout fearsSpain’s borrowing costs rose on Tuesday after financial markets digested the impact of a massive 100 billion euro bailout from the European Union. A day… 12/06/2012
Cameron warns Merkel to take action on euro crisisBritish Prime Minister David Cameron on Thursday warned German Chancellor Angela Merkel that the euro is at risk without decisive action from Berlin. The… 07/06/2012
France finance minister vows to bring down debt without austerityFrance’s new finance minister has promised to stick to the EU’s tough budget targets – but without resorting to austerity. In Brussels to meet the bloc’s… 04/06/2012
Irish back EU austerity pactIt looks like the Irish have backed the European Union’s new fiscal treaty by a comfortable margin. That is good news for Prime Minister Enda Kenny who has… 01/06/2012
Ireland votes on ‘deficit-fighting’ EU treatyIrish voters cast ballots on Thursday in a referendum to decide whether Dublin should agree to rein in public spending by ratifying a new EU treaty on fiscal… 31/05/2012
Concerns over turnout in Ireland fiscal pact referendumPeople in the Republic of Ireland are voting on whether to ratify the EU’s fiscal pact which seeks to impose strict limits on countries’ budget… 31/05/2012
Europe awaits Irish vote outcome on EU Fiscal TreatyIreland votes in a referendum on the European Fiscal Treaty today and the signs are it will be approved. It is the only country in the eurozone to put it… 31/05/2012
Dutch MP asks judges to ban Netherlands stumping up bailout cashJudges in The Hague started on Tuesday to hear a case brought by Dutch politician Geert Wilders, who wants the Netherlands to be banned giving money to the… 30/05/2012
Hollande to clash with Merkel in maiden EU summitFrançois Hollande faced a likely showdown with German Chancellor Angela Merkel on Wednesday at his first EU summit as president of France. The two disagree… 23/05/2012
Greek euro exit talk gets toughLeaks suggest Chancellor Angela Merkel called for Greece to hold a referendum on keeping the euro when they vote for a new government next month. A claim… 18/05/2012
Hollande meets European Council president in ParisThe president of the European Council, Herman Van Rompuy, has been meeting with France’s new president. Francois Hollande, who swept to victory with an… 09/05/2012
Merkel and Monti push for more economic effortItaly may officially be in recession but the mood between its premier Mario Monti and visiting German Chancellor Angela Merkel was definitely up beat. Both… 14/03/2012
Greek officials hopeful of bond swap acceptanceIn Greece, Thursday was deadline day for a bond swap offer to private creditors. If more than two-thirds accept the plan, it will lead to the release of a 130… 08/03/2012
Greek bailout gets green light from BerlinThe German parliament has overwhelmingly approved the latest Greek bailout package of 130 billion euros, despite worries about Athens’ ability to stick with… 27/02/2012
Greek bailout factboxThe bailout for Greece that Eurozone finance ministers sealed last night amounts to 130 billion euros. Its objective is to avert imminent chaotic default… 21/02/2012
Decision day for second Greek bailoutEurozone finance ministers have arrived in Brussels for talks to give the green light for a second huge bailout for the debt stricken country. After months of… 20/02/2012
UK and Czech Republic refuse to sign EU fiscal pactChancellor Angela Merkel has finally got her way with most of Europe agreeing to a German-inspired pact for stricter budget discipline. Only Britain and the… 31/01/2012
Spain’s Rajoy defends austerity measuresSpain’s prime minister has faced the media for the first time since his new government passed a raft of austerity measures. Mariano Rajoy reassured… 11/01/2012
Vote called on Italian austerity packageItaly’s government has called a confidence vote in parliament to speed up the approval of a 33-billion euro austerity package. Italian Prime Minister Mario… 15/12/2011
More clashes as Greek budget approvedGreeks woke up on Wednesday morning faced with the news that next year’s austerity budget has been approved by parliament. For months the country has been… 07/12/2011
