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  1. Europe missed an opportunity on banking union
    Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]

    Agora

    . It is clear that the only way to break the “vicious circle” is to prevent member states from having to use... euros. Until then, national resolution funds will be able to call on the funds of other member... had hoped for. In short, each member state will be responsible for saving its own banks

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  2. Regling and Wieser: The key points

    Agora

    as a member of monetary union are not respected” IMF Both eurozone officials state their expectation... that the ESM’s treaty requires the Fund to take part wherever possible and that for some member states... as ESM rules require a consensus among all member states. Regling “I am a bit surprised about

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  3. Newsletter 93 - 21/10/2016

    Newsletters

    and forced to become a member of a nasty gang – its decision to leave is a watershed. The UK...), is a G7 member and has a seat on the UN Security Council. The inability to find a way to keep... of such a significant member, the consequences of Brexit for the EU could lie in the strengthening of eurosceptic

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  4. Grappling with Europe's polycrisis
    Photo by MacroPolis

    Agora

    that sometimes it even gave the impression that it had been kidnapped and forced to become a member of a nasty... after sterling’s value plummeted over the last few months), is a G7 member and has a seat on the UN... for all parties. Apart from leading to the loss of such a significant member, the consequences

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  5. Greeks' working hours among highest in EU, annual leave below average
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    ” showed that there are still large discrepnancies between EU member states regarding working hours..., above the EU 28 average of 38 hours and the average of the older member states, which stood at 37.5... was reported as being lower in the 13 new member states. One sector where Greek workers were reported

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  6. Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch

    Economy

    Mitsotakis and his colleagues had envisioned. The key elements of Thursday’s decision were: Member states... bln euros to member states to protect employment during the Covid-19 crisis. The European Investment.... It is clear, though, that the idea of a “corona-bond” in the form that some eurozone member states

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  7. EU enlargement - a moving target that is moving further away
    Photo by https://flic.kr/p/dSH9XB

    Agora

    resistance there is in the Member States to the idea of ​​further enlargement. Many actors... they made, because EU Member States are holding the decisions in their hands. It wasn’t only North..., Spain, and at least two or three other Member States are restrained on this topic and are counting

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  8. Athens moves to avoid repeat of EU division over migration policy
    Photo by Richard Leonard via Flickr https://flic.kr/p/5iRa7

    PoliticsForeign Policy

    a possible domino effect that will lead to the introduction of similar measures in other member states... the European Union. This is a decision that must be taken by the member states of Europe themselves... government seems determined to follow a hard line vis a vis not just Germany, but also all member

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  9. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    decision retroactively. This means the coalition will have to restore pensions but not pay out the amount... not have any impact on these bonuses. The government is not in a position to pay out this amount (up... with pensioners' unions regarding an acceptable way for retirement pay to be gradually raised

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  10. Property tax notices for 2016 to be issued, collection target remains same

    EconomyMacroeconomy

    or 2.4 million of taxpayers will pay less ENFIA in 2016 than in 2015, while 35 percent or 2.5 million taxpayers will pay exactly the same amount. In addition, 21 percent or 1.5 million will have to pay a slightly higher amount up to 10 euros compared to last year. This means the vast majority

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