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monetary union
Europe's new 'Germanophobia': Who's afraid of big bad Germany?
Tones of anger against German chancellor Angela Merkel's lack of action over the eurocrisis and a 'Germanophied' Europe, are getting louder and more intense
monetary union, angela merkel, german chancellor, germany, dictature, national socialism, economical crisis
Slovenian, British, Spanish and German media on UK’s EU veto
British prime minister David Cameron defended his EU veto in the British house of commons on 12 December, while French president Nicolas Sarkozy lamented that he was ‘splitting Europe in two’. Britain is simply more eurosceptic, replies the rest of Europe, who stress the advantages that the British can offer Europe
monetary union, david cameron, press review, euweek, eurozone, united kingdom, nicolas sarkozy
Spain, country in a (property) bubble
Dearest European neighbours: I am sorry to inform you that the crisis in Spain does not have anything to do with the crisis in your countries. Our case is not simply rooted in 'structural problems', as it were, but literally in cement
monetary union, germany, best of cafebabel.com, europe, spain, construction, housing
Greek referendum, ghastly mistake? Britain, Portugal, Germany, France and Latvia react
Despite massive criticism and shares dropping worldwide, Greek prime minister Giorgos Papandreou is going ahead with the planned referendum. His cabinet voted for a referendum on austerity measures on 1 November. Some commentators dismiss the move as irresponsible; others praise the democractic act
monetary union, greece, currency, euweek, eurozone, andreas papandreou, referendum
Eurozone crisis what crisis? 50% of Greece's debt cut
On 26 October the 27 heads of state and government of the European Union reached agreement in Brussels on a debt restructuring and new rescue package for Greece, among other things. Last chance saloon for Athens, say French, Austrian, Spanish and Greek commentators
monetary union, italy, angela merkel, efsf, greece, currency, eurozone
Eurozone summit: perspectives on economic crisis
We have heard these words so often that they have lost all meaning: global crisis, market failure, bank recapitalisation. Tonight once again, European governments will be searching for a way to minimise the crisis. Yet even if grounded in good faith, these decisions could simply stimulate current problems and protests
monetary union, economic growth, angela merkel, belgium, european institutions, european council, brussels
Eurozone: Greece’s junk in Europe’s trunk
Were there no single currency, a resolution may be more tricky for a country like Greece. The European union holds an 'extraordinary summit' on finding a solution to this financial crisis on 21 July; a second bailout package is under negotiation
monetary union, germany, greece, spain, economic and monetary union, financial crisis, euweek
Estonia: blowing hot and cold in the eurozone
In the midst of the euro crisis Estonia is saying goodbye to its kroon and on 1st January 2011 it introduced the single currency. Given the problems in Ireland, Portugal and Spain, this is one of the few pieces of good news for monetary union this year
monetary union, currency, estonia, baltic republics, euro, economy
Greece crisis: lowdown on Germany's role, US credit agencies and more
Interview with French economist Céline Antonin ahead of the eurogroup summit on 7 May, where the attendees should confirm their €110 billion financial aid package to Greece, and the three burning questions arising from the crisis which also apply to the European union
monetary union, stability and growth pact, germany, greece, europe, fmi, financial crisis
Enough with the 'hard-working Germans paying for lazy Greeks'
In a spirit against nationalist agitation and economic ignorance, the presidents of the European movements in Berlin and Athens signed a common German-Greek manifesto for Europe on 5 May 2010. Here's what they have to say on a day that the 750 billion euro rescue package is agreed
monetary union, germany, nationalism, greece, berlin, economical crisis, athens
Bailing Greece out: the update
The dispute over financial aid for Greece will play a key role at the EU summit which starts on 25 March in Brussels. The French, Austrian and Swedish press see the very future of the eurozone at stake and call for greater flexibility and sustainable growth for the EU
PIIGS unwelcome in the EU parlour: war of words rocks Eurozone
Despite Silvio Berlusconi’s dreams, the next member of the Eurozone is unlikely to be Israel; even Croatia or Turkey have taken a back seat. The current pan-EU squabble is over who should have been admitted to the eurozone in the first place
monetary union, economic growth, tower of babel, germany, languages, spain, portugal
Monetary union and media stress: young Greeks and Germans debate
This month, Greece was announced to be suffering a eurozone deficit of 12% - the maximum is 3%. The German media has called them the 'deceivers of the euro-family'. The Greeks respond that they are hypocrites, holding them accountable for debts from 1945. Who wants whose diplomatic blood? We hear immediate reactions from the two sides
monetary union, germany, greece, athens, berlin, eurozone, economical crisis
Europe apprehensive about Athens
Ahead of the 11 February summit meeting on Greece in Brussels, several EU members are apparently willing to provide aid to the crisis-riden state. The German, Bulgarian, Belgian and Czech press fear a devaluation of the euro and say any measures to help the country should be attached to strict requirements
monetary union, currency, greece, press review, euweek, eurozone, piigs
What the fridge are convergence criteria?
These are the conditions that a member state must fulfil in order to adopt the euro and become part of the economic and monetary union. Once they have joined, member states must maintain stability and continue to respect the convergence criteria - or else face sanctions
monetary union, euro, what the hell is, stability pact, european elections 2009, eudebate2009, money
Malta and Cyprus to adopt the Euro by 2008
Malta and Cyprus win approval from the European Commission and the European Central Bank to become the respective 14th and 15th Eurozone members by 1 January
monetary union, euro, economy, european union, cyprus, malta, southern eu
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