Eurozone

Many states, one currency
A common currency for Europe – with the introduction of the euro more than 20 years ago, that vision became reality. More recently the monetary union was put to the test during the European sovereign debt crisis. And while the perspectives for the euro zone as a whole are better than they have been in a long time, major reforms are on the horizon. In addition, an expansion of the common currency to all EU member countries is being debated. As a result the new chairman of the Eurogroup, Mario Centeno, already has his work cut out for him.
France's President Emmanuel Macron addresses students at the North Rhine-Westphalia technical university in Aachen, western Germany, on May 10, 2018. Photo: Ludovic Marin / AFP
France's President Emmanuel Macron addre […]

Macron’s EU vision: how has it fared 12 months on?

On September 26 last year, Emmanuel Macron laid out his vision for a reformed EU to blunt the rise of nationalism and ensure the bloc has a future as an independent actor on the world stage.
Mario Draghi, President of the European Central Bank (ECB) addresses the media during a press conference following the meeting of the Governing Council in Frankfurt am Main, Germany, on September 13, 2018. Photo: Daniel Roland / AFP
Mario Draghi, President of the European […]

ECB’s Draghi unruffled by risks to eurozone

ECB chief Mario Draghi says the eurozone economy is strong enough to weather rising "uncertainties", sticking fast to his plan to scale back crisis-era stimulus by the end of the year.
18.06.2018, Rhineland-Palatinate, Wittlich: Jean-Claude Juncker, President of the European Commission, gives his acceptance speech after receiving the Georg Meistermann Prize. The prize, worth 10,000 euros, goes back to the artist Georg Meistermann, who was critical and constructive in his quest for democracy and freedom of expression. Photo: Harald Tittel / dpa
18.06.2018, Rhineland-Palatinate, Wittli […]

EU unveils plans to ramp up EU border guard, strengthen asylum rules

During his annual address to the European Parliament Jean-Claude Juncker unveiled measures to strengthen the asylum system in the Union.
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