RSS

European monetary union

Most recent

Bank of England voted 7:2 to hold interest rates steady – as it happened

22 Oct 2014: The Bank of England has published the minutes of its monthly rate-setting committee, revealing that a majority voted to keep interest rates at 0.5%
Europe can learn from the US and make each state liable for its own debt

22 Oct 2014: Hans-Werner Sinn: The eurozone should emulate the US approach in maintaining stability in a monetary union
ECB to spend €1 trillion on covered bonds to kickstart euro economy

20 Oct 2014: The bank’s aim is to revive economies in the single currency zone that have been hit by a decline in business lending
Why the decision on interest rates is held between the agony and ecstasy

19 Oct 2014: Larry Elliott: Upbeat figures on growth, unemployment and inflation are cancelled out by what’s happening to real wage growth, productivity and real interest rates
Germany’s tough economic medicine risks killing off the European project

19 Oct 2014: Business leader: Berlin’s increasingly hardline stance on spending caps on France and Italy could drive them out of the euro
Why the eurozone’s woes have become the world’s problem

19 Oct 2014: Larry Elliott: The explanation for the plunge on global financial markets comes down to one word: Europe
The Guardian view on Europe’s economic troubles

17 Oct 2014: Editorial: Tumbling markets, anxieties over the viability of banks and differences over austerity show that the crisis in the eurozone is still very much with us
Eurozone crisis: interactive timeline

17 Oct 2014: Bailouts, riots, recession - key events in the five years of the eurozone crisis
Europe in turmoil: five years of economic crisis

17 Oct 2014: Greece’s admission in October 2009 that it had a huge black hole in its finances triggered five years of bailouts, market turmoil and protests
Markets are still terrified by the eurozone – and rightly so

16 Oct 2014: Nils Pratley: Correction thesis likely correct in medium-term, but in short-term currency bloc is dark cloud over global economy refusing to shift
Fears of triple-dip eurozone recession as Germany cuts growth forecasts

15 Oct 2014: Anti-austerity movement gains confidence as largest economy suffers from falling industrial output and geopolitical crises
Bank of England’s rate rise looks a way off as it misses inflation target

14 Oct 2014: Nils Pratley: Bank chief Carney may have to write to chancellor as price of oil falls and supermarkets try to cap price of food
Greece tells IMF it wants early exit from rescue programme

12 Oct 2014: Largest such programme in global financial history had aimed at preventing debt crisis from spreading through the eurozone
IMF chief: eurozone showing symptoms of Japan’s chronic economic ills

9 Oct 2014: Lagarde calls for fresh moves to avert recession and hints that she expects Germany to use budget surplus to boost growth
Italy’s PM Matteo Renzi wins confidence vote on labour reforms

9 Oct 2014: Italian senate backs plan that Renzi hopes will boost credentials with other EU leaders