Last Thursday, European Commission President Ursula von der Leyen offered a “heartfelt” apology to Italy and announced an action plan worth three trillion euros – which...
Tag - Eurozone
On April 10, the euro group agreed on a 500 billion euros rescue package that made the Bulgarian government regret that it had decided to delay its plans to join the...
A handful of countries began slowly lifting coronavirus restrictions this week, led, in emerging Europe, by Czechia and Poland. The relaxation of lockdown rules, which...
Unlike Bulgaria and Croatia – both of which reiterated their desire to join the eurozone as quickly as possible this week – Hungary continues to resist the...
EU member states part of the bloc’s common currency zone should be allowed to leave in coming decades, while those countries that remain in the eurozone, should...
The United States has its liberalism, and Europe has its welfare state, which is so attractive that a few years ago the Union was flooded with a wave of immigrants from...
Euro adoption in Central and Eastern European countries would be positive for their sovereign creditworthiness, according to ratings agency Fitch. However, the agency...
The European Central Bank (ECB) will test five Croatian banks, Zagrebačka Banka, Privredna Banka Zagreb, Erste & Steiermärkische Bank, OTP Banka Hrvatska and...
Bulgaria hopes to join the the ERM-2 exchange rate mechanism — the precursor to eurozone membership — before the end of 2019. Previously, the Balkan country – an...
Croatia has sent a letter of intent to Brussels expressing its readiness to join the eurozone. “I think that our arguments and key areas in which we will undertake...
Banks should charge equally for cross-border payments in euro and domestic payments and make currency conversion costs transparent, according to new rules adopted by the...
A decade since Slovakia adopted the euro, a key European official has said that the country is an impressive example of how economic and institutional convergence can be...
