Tag: eurozone

Convergence report reviews member states’ progress towards joining the #Eurozone

Convergence report reviews member states’ progress towards joining the #Eurozone

| June 12, 2020

The European Commission has published the 2020 convergence report in which it provides its assessment of the progress non-euro area member states have made towards adopting the euro. The report covers the seven non-eurozone member states that are legally committed to adopting the euro: Bulgaria, Czechia, Croatia, Hungary, Poland, Romania and Sweden. Convergence reports have […]

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#Eurozone governments should use budget measures to support growth – #Lagarde

#Eurozone governments should use budget measures to support growth – #Lagarde

| February 27, 2020

European Central Bank President Christine Lagarde (pictured) repeated her call on Wednesday (26 February) for eurozone governments to use their budgetary leeway to boost growth amid the bloc’s slowdown, writes Frank Siebelt. Weak foreign trade has dragged the euro zone’s vast manufacturing sector into recession in recent months, and the coronavirus outbreak is risking further […]

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#Eurozone getting ready to spend more to boost flagging economy – sources

#Eurozone getting ready to spend more to boost flagging economy – sources

| February 10, 2020

Eurozone finance ministers are set to agree this month a more growth-friendly fiscal policy, three EU officials said on Friday (7 February), a change from current targets that would pave the way for more spending in Germany amid fears of a downturn, writes Francesco Guarascio @fraguarascio. Repeated attempts to boost investment and growth in the […]

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#Eurozone may face weak growth for years: ECB’s Kazimir

#Eurozone may face weak growth for years: ECB’s Kazimir

| December 19, 2019

Eurozone growth may be stuck in low gear until the bloc deals with a host of structural challenges, European Central Bank policymaker Peter Kazimir told a news conference on Tuesday (17 December), writes Tatiana Jancarikova. “I am worried that we won’t be able to enjoy significant economic growth before we deal with the fact that […]

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Europeans show record support for the #Euro

Europeans show record support for the #Euro

| December 2, 2019

More than three in four citizens think that the single currency is good for the European Union, according to the latest Eurobarometer results. This is the highest support since surveys began in 2002. According to the results of the latest Eurobarometer survey on the eurozone, 76% of respondents think the single currency is good for […]

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#Eurozone needs to create its own economic growth at home: ECB’s #Lagarde

#Eurozone needs to create its own economic growth at home: ECB’s #Lagarde

| November 25, 2019

The eurozone needs to create more of its economic growth at home, including via greater public investment, if it is to withstand weakness abroad and become more balanced internally, new European Central Bank President Christine Lagarde (pictured) said on Friday (22 November), write Francesco Canepa and Balazs Koranyi. Lagarde did not discuss monetary policy in […]

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#Eurozone government bond yields fall before #Brexit vote

#Eurozone government bond yields fall before #Brexit vote

| October 23, 2019

Eurozone government bonds yields fell on Tuesday (22 October), before a vote in British parliament crucial to determining whether the UK can leave the European Union in an orderly way at the end of the month, writes Yoruk Bahceli. UK Prime Minister Boris Johnson faced two Brexit votes in the British parliament on Tuesday. Lawmakers […]

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