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Belgium extends austerity measures | Reuters

Belgium extends austerity measures | Reuters | Eurozone | Scoop.it
BRUSSELS (Reuters) - Belgium's government agreed early on Sunday to extend austerity measures by 1.82 billion euros ($2.39 billion) to keep its 2012 budget deficit within EU limits.After a full week...
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France and Germany: A tale of two countries

France and Germany: A tale of two countries | Eurozone | Scoop.it
A new Pew Research Center survey suggests that France and Germany increasingly see the world through different lenses.
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Facing the troika in Portugal

LAST YEAR, Germany's Finance Minister Wolfgang Schäuble labeled Portugal "the good pupil of the eurozone." Now, Portugal faces a difficult economic outlook. Unemployment, for example, has hit 18 percent. The coalition government of the Social Democratic Party and the People's Party is demanding more time to implement its austerity measures. What are the underlying reasons for Portugal's downward trend?

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Italy's industrial output falls back to 1970s

Italy's industrial output falls back to 1970s | Eurozone | Scoop.it
Italy’s president Giorgio Napolitano has called for immediate measures to combat a “dramatic crisis” after the country’s industrial output fell back to levels reached in 1979.
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Italy offers grim future for children, says report

Italy offers grim future for children, says report | Eurozone | Scoop.it
Italy offers grim future for children, says report, Country rates low in EU in Save the Children survey, , English News, Ansa
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Church must help the poorest, not dissect theology, pope says

Church must help the poorest, not dissect theology, pope says | Eurozone | Scoop.it
VATICAN CITY (Reuters) - Pope Francis shared personal moments with 200,000 people on Saturday, telling them he sometimes nods off while praying at the end of a long day and that it breaks my heart that...
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Debt becoming serious problem in Netherlands

Debt becoming serious problem in Netherlands | Eurozone | Scoop.it
Warning that debt now a ‘broad social problem’ which is ‘firmly rooted in society’
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Portugal allows gay adoption

Portugal allows gay adoption | Eurozone | Scoop.it
Portugual has become the latest country to allow homosexual couples to adopt, three years after it allowed them to marry. The adoption will be of a limited form, restricted to children belonging to…
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Pro-drachma party launches in Greece

Pro-drachma party launches in Greece | Eurozone | Scoop.it
Greece sees the launch of a new political party, Plan B, which supports leaving the euro and returning to the drachma.
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Finland's Economic Output Falls At Slower Pace In March

Finland's Economic Output Falls At Slower Pace In March | Eurozone | Scoop.it
Finland's economic output declined by a moderate 0.4 percent in March from a year ago, as the decline in secondary production was partially offset by the improvement in services and primary production, Statistics Finland reported Wednesday.
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German growth too weak to lift eurozone from recession

German growth too weak to lift eurozone from recession | Eurozone | Scoop.it
The eurozone economy continues to shrink as Germany's economy grew by a meagre 0.1 percent in the past three months, while France slid back into recession, fresh Eurostat data show.
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Recession in eurozone extends into 6th quarter, longer than the slump during financial crisis

Recession in eurozone extends into 6th quarter, longer than the slump during financial crisis | Eurozone | Scoop.it
Nine of the 17 euro zone countries are in recession, with France a notable addition, E.U. officials say.
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The New Sick Man of Europe: the European Union

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Europe Is Trapped Between Power and Politics

Europe Is Trapped Between Power and Politics | Eurozone | Scoop.it
That the disease which brought the European Union into the intensive-care ward and has kept it there since, for quite a few years, is best diagnosed as a 'democratic deficit' is fast turning into a...
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Conservatives demand East German symbol ban

Conservatives demand East German symbol ban | Eurozone | Scoop.it
Germany's Christian Democrats (CDU) called on Tuesday for symbols associated with the totalitarian socialist regime of former East Germany to be banned, in the same way that it is illegal to display Nazi memorabilia.
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Little hope for Greece's jobless youth

Little hope for Greece's jobless youth | Eurozone | Scoop.it
Nearly two-thirds of young Greeks are currently jobless. The unemployment rate in the country has reached a record 27 percent. Experts are warning of dramatic consequences for Greek society.
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Helicopter money as a policy option | vox

Helicopter money as a policy option | vox | Eurozone | Scoop.it

With persistently weak economic conditions becoming the norm in Europe, economists are considering increasingly unconventional policy options. One tool that has yet to be taken out of storage is ‘helicopter money’, i.e. the overt monetary financing of government deficits. This column recounts a policy debate on helicopter money that was held at LBS in April 2013 among three of the world’s leading monetary economists.

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France Must Lead Breakup of Euro

France Must Lead Breakup of Euro | Eurozone | Scoop.it
France played a decisive role in shaping not only the euro system but the entire European project. This history has predisposed French leaders to the goal of preserving the euro at all costs.
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Slovenia Gets Second Agency Debt Downgrade

Slovenia Gets Second Agency Debt Downgrade | Eurozone | Scoop.it

Slovenia said it was confident its newly-adopted action plan would stabilise public finances and lead to an economic recovery, a day after ratings agency Fitch downgraded the crisis-hit country.

"The consolidation of public finances will follow the objectives that have been clearly set," Slovenia's finance ministry said in a statement.

"We will efficiently carry out all the necessary measures drawn in its stability and reform programmes."

 

 

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Thousands rally to oppose Italy cuts

Thousands rally to oppose Italy cuts | Eurozone | Scoop.it
Tens of thousands of protesters, led by trade unionists, rally in the Italian capital Rome against the policies of the new coalition government.
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French president signs same-sex marriage bill into law

French president signs same-sex marriage bill into law | Eurozone | Scoop.it
French President Francois Hollande signed into a law Saturday a bill allowing same-sex couples to marry and adopt.
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France's Hollande urges euro zone government, common debt

France's Hollande urges euro zone government, common debt | Eurozone | Scoop.it
PARIS (Reuters) - French President Francois Hollande called on Thursday for an economic government in the euro zone that would have its own budget, the right to issue debt, a harmonized tax system and...
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Euro zone. Imports fell 10 percent in March

Euro zone. Imports fell 10 percent in March | Eurozone | Scoop.it
BRUSSELS (Reuters) - Falling prices in Germany and France pulled euro zone consumer inflation to a three-year low in April while imports fell 10 percent in March, as new data showed the depth of the bloc's...
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EU considers withdrawal of 1 and 2 euro cent coins

EU considers withdrawal of 1 and 2 euro cent coins | Eurozone | Scoop.it
The European Commission has tabled several scenarios for the withdrawal of the 1 and 2 euro cent coins, with the cost of printing these coins greater than their use.
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France falls into triple-dip recession after Q1 contraction

France falls into triple-dip recession after Q1 contraction | Eurozone | Scoop.it
The French economy has fallen into recession for a third time after contracting by 0.2 per cent in the opening three months of the year, official figures show.
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Italy's public debt reaches new high of 2.0347 trillion euros

Italy's public debt reaches new high of 2.0347 trillion euros | Eurozone | Scoop.it
Italy's public debt reaches new high of 2.0347 trillion, Beats previous record of 2.0227 trillion in January, , English News, Ansa
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