World news about “Eurogroup” published by euronews.
Bank bailout agency for EU? The Eurogroup have discussed the creation of a central rescue agency to wind up failing banks, but Germany says a Treaty change would be needed for the… 13/05/2013
EU finance ministers to talk tough on austerity The finances of Greece and Cyprus are set to come under the microscope at a Eurozone finance ministers meeting. The eurogroup has to decide whether to… 13/05/2013
Lenders consider seven year extension for Portugal loan repayments International lenders have recommended that Portugal should get an extra seven years to repay loans to the European Union. The move would offer a… 10/04/2013
Eurogroup chief under fire over Cyprus bailout Eurogroup chief Jeroen Dijsselbloem is under fire from fellow EU officials over comments he made about the Cyprus bailout deal. The Dutch Finance minister… 26/03/2013
Cyprus seeks last minute deal in Brussels to avert crisis The President of Cyprus Nicos Anastasiades is in Brussels today to seek an 11-th hour deal to prevent the country’s financial collapse. It is a race against… 24/03/2013
Cyprus votes to create ‘national solidarity fund’ The Cypriot parliament has voted to create ‘national solidarity fund’ to pool state assets – as it races to find a way to raise 5.8 billion euros to secure an… 22/03/2013
Cypriots anxiously await government decision Cyprus and Europe are waiting. The financial vacuum is being filled with fear and anger. Will it be financial meltdown and a euro exit or will there be an… 22/03/2013
Europe Weekly: Cyprus rejects Eurogroup plan but leaves Moscow empty-handed Cyprus is at risk of having to leave the euro after rejecting the proposal put forward by the Eurogroup. Despite two days of talks in Moscow, Russia offers no… 22/03/2013
Panic protests outside the Cypriot parliament Panic, anger and fear surround the Cypriot parliament – as protesters took to the streets to keep up the pressure on their politicians. The government has… 21/03/2013
EU admits errors over Cyprus but backs bail-in plan Jeroen Dijsselbloem, the new chairman of the Eurogroup of finance ministers, has backed the plan for a savers raid to rescue Cypriot banks, but… 21/03/2013
How to save the euro Can the euro, and indeed Europe, survive the region’s current debt crisis? One person who is well qualified to speak on that is the economist, Professor… 20/03/2013
Cyprus parliament rejects bailout conditions in vote Members of Cyprus’ parliament have voted against highly controversial plans to tax bank deposits. 36 MPs voted to reject the plan while 19 abstained. The… 19/03/2013
Cypriot politicians rethink controversial savings plan Banks and cash machines remain closed in Cyprus on Tuesday as politicians prepared to vote on a plan to seize up to 10 percent of savings accounts to fund a… 19/03/2013
Work continues to shield Cypriot small savers Popular protests are now a regular occurrence on the streets of Greece and Spain. But there are now demonstrations outside the parliament buidling in… 19/03/2013
Shock in Cyprus over bailout levy on bank deposits Cypriot savers have been queuing at cash machines – after waking up to the news that Brussels plans to enforce a levy of up to 10 percent on bank deposits as… 16/03/2013
Eurogroup and IMF agree on Cyprus bailout After ten hours of talks the deal was struck! Eurozone finance ministers and IMF chief Christine Lagarde agreed to a ten billion euro bailout for Cyprus –… 16/03/2013
Cyprus bailout talks in Brussels At the Brussels meeting of eurozone finance ministers with IMF chief Christine Lagarde to discuss a 10 billion euro bailout for Cyprus, euronews correspondent… 15/03/2013
EU leaders talk of Cyprus bailout for end of March A bailout for Cyprus could be on the cards by the end of March following talks in Brussels. The news comes after recent comments by EU Commissioner for… 05/03/2013
Ireland, Portugal seek delay on loan repayments Eurozone ministers have met in Brussels to discuss how Portugal and Ireland can return swiftly to borrowing from the capital markets. Both bailout countries… 04/03/2013
Cyprus bailout tops Eurogroup agenda Eurozone finance ministers are set for fresh talks on a bailout for Cyprus. They will start on Monday at a Eurogroup meeting and a senior eurozone official… 01/03/2013
EU finance chiefs debate strong euro EU finance ministers met in Brussels on Tuesday amid French concern over the strength of the euro. Paris says the value of the single currency should not be… 12/02/2013
Europe Weekly: Cameron’s EU pledge In this week’s edition, Britain’s David Cameron vows to hold an in-out EU referendum if he is prime minister after the next general election. Dutch Finance… 25/01/2013
Dutch minister poised to lead Eurogroup The first meeting of 2013 of the Eurogroup of finance ministers was the last for Jean-Claude Juncker. The prime minister of Luxembourg, and as such the… 21/01/2013
Dutch finance minister set to become new ‘Mr. Euro’ Dutch Finance Minister Jeroen Dijsselbloem is set to be named as the new head of the Eurogroup on Monday. He’ll take over from Luxembourg’s Jean-Claude… 18/01/2013
Eurogroup urgently seeks new head France’s Pierre Moscovici has emerged as a candidate to become the new chairman of the Eurogroup as Jean-Claude Juncker confirmed he will step down at the end… 04/12/2012
Eurogroup ministers consider Greek debt buyback Eurozone finance ministers met in Brussels with many offering their reactions to news that Greece would buy back some of its bonds to cut its debt load… 03/12/2012
IMF and eurozone chiefs discuss Greek aid deal Eurozone finance ministers are meeting with IMF officials in Brussels to discuss whether to release the next installment of bailout aid for Greece. It’s the… 26/11/2012
Eurogroup and IMF prepare for more Greek talksA leading figure in the European Central Bank has suggested euro zone countries should agree funding for Greece over the next two years. That would put off a… 19/11/2012
Greece holds breath on Eurogroup’s 31.5bn euro decision in Brussels As the eurozone’s finance ministers meet in Brussels, Greece will be hoping they’ve done enough to convince them that they are deserving of the next tranche… 12/11/2012
Bank bailout but at a price for Spain Eurozone finance ministers approved Spain’s bank bailout on Friday but it comes at a price. The countries that are lending the money have forced Madrid to… 20/07/2012
Spain’s pain focuses minds at EurogroupEurozone finance chiefs have gathered in Brussels amid mounting fears of discord between the currency bloc’s southern and northern members following last… 09/07/2012
Eurozone Big 4 meet ahead of summit The eurozone crisis fire-fighting continued on Tuesday as the finance ministers of the region’s four biggest economies – Germany, France, Italy and Spain –… 26/06/2012
Spain on the verge of ESM bailout The Eurogroup meeting of the 17 eurozone member’s finance ministers is taking place with a backdrop of crisis and a key upcoming summit. Top of the agenda… 21/06/2012
More bad news on eurozone economy It seems the downturn in the eurozone’s private sector is becoming entrenched as falls in new orders and employment levels hit business confidence. The… 21/06/2012
Spain’s yields break seven percent barrier Spain’s borrowing costs have shattered euro-era records. The yield on 10-year bonds hit 7 percent on Thursday morning. The move comes after ratings agency… 14/06/2012
Eurozone finance ministers meet amid growing fears over Greece Greece’s potential exit from the euro was once again top of the agenda as finance ministers gathered in Brussels for their monthly Eurogroup meeting. Last… 15/05/2012
Debate and speculation ahead of rescue fund decision The German Finance Minister Wolfgang Schäuble is tipped to be the next president of the Eurogroup, according to several sources in Brussels and in other… 27/03/2012
Diplomatic hugsSpain’s Economy Minister Luis de Guindos (L) is being greeted by Luxembourg’s Prime Minister and Eurogroup chairman Jean-Claude Juncker at a Eurogroup meeting… 13/03/2012
Bailout ‘helps stabilise Greece and Europe’In Brussels, the mood was one of congratulation that the marathon to agree Greece’s second major rescue – in principle – was finally at an end. Much of the… 21/02/2012
Doubts remain over new Greek bailout The complex Greek bailout deal that was finally reached in Brussels in the early hours of Tuesday morning will buy time to stabilise the eurozone and… 21/02/2012
Greek deal helps Italy, Spain and Portugal’s borrowing costs In terms of sales of government bonds, Italy and Spain benefited from Greece securing its new bailout. The amount of interest Rome and Madrid had to offer… 21/02/2012
French call for action over euro wins little supportEurozone finance ministers have agreed to put the thorny question of the euro’s value to the G20 meeting in Moscow later this week. Finance ministers and… 12/02/2013
Eurozone appoints new headThe eurozone has turned a page with the election of Dutch Finance Minister Jeroen Dijsselbloem as the new head of the Eurogroup. The 46-year-old replaces the… 22/01/2013
Eurogroup approves delayed funds for GreeceEuropean finance ministers have agreed to release the next instalment of Greece’s much-needed loan. This next payment of 34.4 billion euros had been… 13/12/2012
Merkel makes rousing Bundestag speech praising Greece debt reduction effortsAhead of attending the EU summit in Brussels on Thursday, German Chancellor Angela Merkel struck a note of optimism as she addressed the German Bundestag –… 13/12/2012
Search on for new Eurogroup headWho will replace Jean-Claude Juncker who has confirmed he is stepping down as head of the Eurogroup of finance ministers at the end of this year? Juncker… 04/12/2012
Greece is given a life-line after marathon talks in BrusselsEuro finance ministers and the International Monetary Fund have reached a deal on an urgently needed bailout for near-bankrupt Greece. After 12 hours of… 27/11/2012
No agreement on Greek debtEurozone Finance Ministers have failed to reach an agreement on how to make Greek debt sustainable after 12 hours of negotiations in Brussels. A new round… 21/11/2012
Greece gets two more years but bailout is delayedEurozone finance ministers have agreed to give Greece until 2016 to meet its deficit-reduction targets, an extension of two years. However, the Eurogroup has… 13/11/2012
Eurozone finance ministers meet for more talksHaving launched the European Stability Mechanism, Eurozone finance ministers got round the table in Luxembourg for more talks on Greece. Opinion clashed… 09/10/2012
Eurozone’s ESM rescue fund up and runningThe eurozone’s new bailout fund the European Stability Mechanism has been given the green light by finance ministers in Luxembourg. It is aimed at… 08/10/2012
European Stability Mechanism to come into forceThe Eurozone’s 500 billion euro rescue fund gets up-and-running today when finance ministers meet in Luxembourg. The formal launch and inaugural board… 08/10/2012
Juncker says Greek bailout extension depends on troika reviewEurogroup chief Jean-Claude Juncker has kept Greek hopes of a bailout extension alive – but only just. During talks in Athens, Juncker acknowledged calls… 23/08/2012
Spain is given more time to sort out its deficitEuro zone ministers meeting in Brussels have agreed to give Spain until 2014 to reach a 3 per cent deficit target. They also detailed aid package for Madrid’s… 10/07/2012
Juncker set to stay as Eurogroup head, officials sayLuxembourg’s prime minister Jean-Claude Juncker is likely to stay on as the president of the Eurogroup, according to eurozone officials. A formal decision… 28/06/2012
Spain makes official request for bank aidThe Spanish government has formally asked the eurozone for cash to prop up its failing banks. The economy minister Luis de Guindos has sent a letter to the… 25/06/2012
Spain’s banks need less bailout money than fearedWe now know how big the Spain’s banking black hole is – or at any rate what the experts think it is after audits of all the unlikely-to-ever-be-repaid loans… 21/06/2012
EU summit: Draghi calls for ‘courageous leap’European leaders ended their informal summit in Brussels with a message of support for Greece and a collective wish the country should remain within the… 24/05/2012
Greece gets mixed EU messagePapers in Athens break the news to Greeks that European leaders have made no concrete moves to ease their debt pressures. Greece is urged to stay in the… 24/05/2012
EU leaders back Greece while planning for its euro exitEuropean leaders ended their informal summit in Brussels with a message of support for Greece and a collective wish the country should remain within the… 24/05/2012
Hollande and Merkel pledge joint eurozone proposalsThe new French President Francois Hollande and the German Chancellor Angela Merkel have vowed to put forward joint proposals to next month’s EU summit on… 15/05/2012
Hollande steps up pressure over Europe debt crisisFrench president-elect Francois Hollande has been meeting Eurogroup head Jean-Claude Juncker in Paris. It comes a day after he came face-to-face with the… 10/05/2012
Ministers increase Eurozone firewallEurozone finance ministers have agreed to boost their crisis rescue fund to 800 billion euros to prevent a new flair up of Europe’s sovereign debt… 30/03/2012
Spain gets the euro group treatment after GreeceThere was relief all round after Greece’s second bailout was finally rubber stamped in Brussels but immediately euro zone ministers turned their attention to… 13/03/2012
Concerns over Spain in Brussels but Greece still the big worryEuro zone finance ministers have been meeting in Brussels with Greece’s second bail-out on the agenda as well as the Spanish economy. The Greek Finance… 12/03/2012
Greek Finance Minister hails ‘historic’ debt dealThe Greek finance minister has hailed the bond swap deal that has enabled his country to avoid imminent bankrupcty. The government says well over 80 percent… 09/03/2012
Schauble says EU to turn on bailout tapGermany, which is the biggest eurozone contributor to the 130 billion Greek bailout, has given a positive reaction to the debt swap deal. Finance Minister… 09/03/2012
Bailout Greeks ‘like drug addicts after next dose’Greeks have been digesting the multi-billion euro bailout deal that has won their country a reprieve from bankruptcy. However it has set in stone austerity… 21/02/2012
Austerity-hit Greeks scorn bailout dealThere may be sighs of relief in the corridors of power in Brussels at the Greek bailout deal. Nevertheless, in Athens the agreement brought yet another… 21/02/2012
Greek bailout factboxThe bailout for Greece that Eurozone finance ministers sealed last night amounts to 130 billion euros. Its objective is to avert imminent chaotic default… 21/02/2012
Cautious market reaction to Greek bailoutEuropean markets reacted cautiously to news of the deal on the Greek bailout. The euro steadied after an initial jump – first rising over half a cent… 21/02/2012
