Member states call for ‘urgent action’ on economic reform
EU leaders have agreed on a plan to relaunch the EU’s economic reform agenda and have called for “urgent action” to achieve their ambitious goals.
Richard Carter
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Juncker dismisses central bank concerns over euro rule reform
Luxembourg’s Prime Minister Jean-Claude Juncker has hit back at concerns raised by the European Central Bank over the reform of the rules underpinning the euro.
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Social summit gives taste of things to come
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Second poll indicates turn towards ‘no’ vote in France
A second poll has shown a majority of French voters are against the European Constitution, seemingly confirming a shift in public opinion against the document ahead of the 29 May referendum.
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Ministers clinch deal on euro rules reform
After months of complex and occasionally acrimonious debate, EU finance ministers have reached a deal on the reform of a key plank of the union’s economic policy.
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Last chance for euro pact reform
EU finance ministers are bracing themselves for a final showdown on reforming the union’s economic rules over the weekend in talks that threaten to drag on into the agenda of the EU leaders’ summit next week.
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Germany to cut company tax to compete with new member states
German Chancellor Gerhard Schröder has announced plans to cut the tax rate paid by businesses in Germany in a bid to stem the flow of companies leaving the country and taking advantage of more favourable rates in Eastern Europe.
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Report exposes ‘heroes’ and ‘villains’ of Lisbon process
Sweden is the best EU member state when it comes to implementing the EU’s economic reform agenda, while Italy is the villain of the piece, according to a new report.
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Not implementing economic reforms ‘costs EU billions’
Failure to implement economic reform could cost the EU around 800 billion euro, according to a new report unveiled by the European Commission.
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Brussels ‘bureaucratic monster’ attacks red tape
The European Commission has launched another assault on regulation and red tape, hoping to succeed where previous initiatives have failed.
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Chirac re-opens attack on ‘unacceptable’ services directive
Influential. Investigative. Independent. EUobserver is a online non-profit news outlet reporting on the European Union.
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US urges EU to name Hezbollah as terrorist organisation
The US House of Representatives has overwhelmingly backed a resolution calling on the EU to put Lebanese Shiite organisation Hezbollah on its terrorist list.
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Commission ‘not sure’ of euro rule reform
Economics and monetary affairs commissioner Joaquin Almunia has said he is “not sure” an agreement can be reached on reforming the rules underpinning the euro. And the European Central Bank President has called for a “convincing conclusion” to the controversial debate.
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Barroso calls on the people to push economic reform
European Commission President José Manuel Barroso has made a passionate plea to the citizens of Europe for their help in pushing economic reform and boosting jobs and growth in the Union.
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EU economy ‘at least 20 years’ behind US
The US economy is 20 years ahead of that of the EU and it will take decades for Europe to catch up, according to an explosive new study published on Friday (11 March).
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Borrell: not enough done against terror since Madrid bombings
Not enough has been done in the fight against terrorism since the Madrid bombings this time last year, the President of the European Parliament has warned.
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US firms look east to invest
US firms are increasingly looking to the new EU member states as a place to invest and away from traditional hubs such as Germany, a new report has shown.
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MEPs bury differences to support Lisbon Strategy
Putting past differences behind them, MEPs have voted overwhelmingly in favour of the European Commission’s plan to boost jobs and growth.
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Juncker hints at scrapping euro rule reform
Clearly exasperated by the lack of agreement on how best to reform the rules underpinning the euro, Luxembourg’s Prime Minister Jean-Claude Juncker has said he does not rule out leaving the rules as they are and scrapping the attempted reforms.
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Ministers fail to reach agreement on euro rule reform
Finance ministers from the 12 euro zone countries have failed to reach agreement on how to reform the rules underpinning the euro and have arranged a special last-ditch meeting on 20 March, only two days before EU leaders meet to take over the dossier.