EMU
Europe
Eurogroup: Strengthening the Euro after Greece Negotiations Break Up
When Greek Minister Yanis Varoufakis left the Eurogroup after the break-up of the negotiations, the remaining Eurogroup members held an informal meeting to discuss how to further strengthen the EMU and help the euro area to overcome the legacy...
Economy
Here’s How the EU Plans to Strengthen Europe’s Monetary Union
Today, the five Presidents – European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the European Central Bank, Mario Draghi, and the President...
Cyprus
Package Bailout Deal for Greece, Cyprus, Spain
Eurozone authorities are preparing a broad, multiple-nation bailout package including a modified program for Greece, a second bailout for Spain and an initial program for Cyprus, Germany΄s Financial Times Deutschland reported over the weekend, citing Eurozone sources.
Fresh support measures...
Europe
Former Greek PM Simitis Says “Greece Did Not Cheat”
In an article published in French “Le Monde” daily on November 16 issue, former Greek PM Costas Simitis supports that Greece did not enter the EMU by presenting falsified economic data as claimed by the French President Nicolas Sarkozy...