Tag for 'Euro and EMU'
Wednesday, July 13th, 2016
European Commission Vice-President Dombrovskis to visit Japan 13 July 2016 Valdis Dombrovskis, European Commission Vice-President in charge of the euro and social dialogue, will be visiting Japan on 14 and 15 July.The main purpose of his visit is to deliver the opening address at the 16th EU-Japan Symposium on employment and labour issues together with [...]
Tuesday, June 7th, 2016
Commission releases 2016 Convergence Report Brussels, 7 June 2016 The 2016 Convergence Report, published today, assesses Member States' progress on moving towards euro adoption. This year's report covers the seven Member States that are legally committed to adopt the euro: Bulgaria, the Czech Republic, Croatia, Hungary, Poland, Romania and Sweden.The report is based on the [...]
Wednesday, May 25th, 2016
Eurogroup statement on Greece 25/05/2016 The Eurogroup welcomes that a full staff-level agreement has been reached between Greece and the institutions. Also, the Eurogroup notes with satisfaction that the Greek authorities and the European institutions have reached an agreement on the contingency fiscal mechanism, which is in line with the Eurogroup statement adopted on 9 [...]
Tuesday, May 10th, 2016
Eurogroup meeting: Main results Council of the European Union09/05/2016 The Eurogroup discussed the state of play of the first review of Greece's macroeconomic adjustment programme.It welcomed a package of policy reforms, which will cover:- the pension system- income tax and VAT- public sector wage bill measures- privatisation strategy- the issue of non-performing loansThe Eurogroup concluded [...]
Wednesday, May 4th, 2016
ECB ends production and issuance of €500 banknote European Central Bank4 May 2016 - ECB has decided to discontinue production and issuance of €500 banknote- Europa series of euro banknotes will not include the €500- €500 banknote remains legal tender and will always retain its valueToday the Governing Council of the European Central Bank (ECB) [...]
Monday, March 7th, 2016
Eurogroup Statement on Cyprus 07/03/2016 The Eurogroup supports the Cypriot government's decision to exit its macroeconomic adjustment programme without a successor arrangement. The Eurogroup commends the Cypriot authorities for the overall successful implementation of the programme and the important achievements made in the past three years, and also thanks the institutions for their vital contribution [...]
Monday, November 23rd, 2015
Eurogroup statement on Greece 23/11/2015857/15 The Eurogroup welcomes the completion by the Greek authorities of the first set of milestones and the financial sector measures that are essential for a successful recapitalisation process. This is an important step towards addressing the main challenges that the Greek economy is facing and towards restoring it to a [...]
Thursday, November 5th, 2015
Autumn 2015 Economic Forecast: Moderate recovery despite challenges Brussels, 5 November 2015IP/15/5996 The economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more challenging conditions in the global economy.Against a backdrop of declining oil prices, [...]
Wednesday, August 19th, 2015
After the ESM conference call on financial assistance for Greece: Remarks by J. Dijsselbloem 19/08/2015 Today, we, countries in the eurozone have mandated the ESM to make up to the maximum of €86 billion available to finance Greece. Of course this programme for the coming three years goes with strict conditions, aiming at:- Setting right [...]
Friday, August 14th, 2015
Eurogroup statement on the ESM programme for Greece 14/08/2015 The Eurogroup welcomes the agreement that has been reached between Greece and the European Institutions, with input from the IMF, on the policy conditionality underlying the new ESM macroeconomic adjustment programme. The Eurogroup commends the Greek authorities for their demonstrated strong commitment as shown by the [...]
