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9 Jul 24
Eurozone countries have been urged to show greater fiscal restraint in an effort to shrink budget deficits across the bloc.
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12 Mar 24
Finance ministers have agreed that cutting deficits in the euro area should remain the priority amid a sluggish global economy, as they set out their priorities for next year’s budgets.
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6 Jan 23
Croatia joining the eurozone and the Schengen area marks the culmination of more than a decade of effort – and shows the way for other countries desperate to integrate into the EU.
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15 Sep 22
The energy crisis exacerbated by the Russian invasion of Ukraine will see the UK and eurozone plunge into a recession later this year and in 2023, economists at Fitch have said.
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30 Aug 22
German chancellor Olaf Scholz said eurozone countries need to agree how to reduce their high debt levels to help foster “trust and solidarity” within the single market.
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8 Jul 22
The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
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17 Jun 22
The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
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4 Nov 21
The European Central Bank is unlikely to hike interest rates next year, as inflation is forecast to reduce over the medium term, according to president Christine Lagarde.
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13 Sep 21
Eight European finance ministers are preparing to push back against efforts to loosen the EU’s attitude to debt and deficits, stressing the importance of “sound public finances”.
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30 Mar 21
The European Union rescue fund aimed at allocating finance to member countries funded by common debt is compatible with EU treaties, Spain’s central bank chief said this week.
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16 Mar 21
The eurozone’s relaxation of its debt and spending rules should continue into next year, the bloc's finance ministers have said.
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17 Dec 20
Eurozone government debt as a proportion of the economy has ballooned by nearly one-fifth amid the Covid-19 pandemic, according to a statement from the group’s finance ministers.
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19 Nov 20
Eurozone governments should continue spending into 2021 to help the economy recover from Covid-19, the European Commission has said – while warning that recovery “depends” on the approval of the...
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7 Aug 19
Croatia has taken a step closer to joining the eurozone, after the European Central Bank confirmed it was going to carry out tests on five Croatian banks.
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14 Jun 19
The eurozone faces a triple threat that has the potential to push the economy deeper into a slump, warns the IMF.
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21 May 19
The Czech government has dismissed concerns about a slowing economy and growing spending commitments and says it will stick to a planned deficit target.
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15 Mar 19
The IMF has commended Greece’s economic growth as among the best in the eurozone – but urged it to press ahead with unfinished fiscal reforms to avoid any future risks.
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14 Jan 19
Unemployment in the eurozone has fallen to its lowest rate in more than a decade, figures from the statistical office of the European Union found.
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26 Jun 18
The members of the eurozone should work together to build resilience against future economic downturns, the International Monetary Fund chief has warned.
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20 Jun 18
The leaders of Germany and France have finalised “historic breakthrough” plans, which include a common budget, to overhaul the 19-member eurozone.
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11 Jun 18
Italy’s finance minister has ruled out leaving the eurozone following months of uncertainty about the country’s future within the common currency.
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27 Mar 18
The eurozone should create a ‘rainy-day’ fund to help members of the currency union in future economic downturns, the International Monetary Fund chief has said.
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19 Mar 18
The French and German leaders have met to start work on a new ‘roadmap’ for major reform of the eurozone, which is likely to include changes from budgetary issues to trade.
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13 Mar 18
The eurozone is expected to pay out the next €5.7bn bailout loan tranche to Greece in the second half of March, the president of the Eurogroup has announced.
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27 Feb 18
The eurozone needs to be more politically unified otherwise it will leave countries - especially those that already have high levels of public debt - vulnerable to economic shocks, say directors in...