Germany says Italy must stick to European rules on Monte Paschi
Reuters — Germany’s finance ministry expressed concern on Wednesday about Italian plans to rescue the country’s third biggest lender Monte dei Paschi di Siena saying […]
Europe
Champagne prices to rise in UK in 2017 as Brexit impact bites
More proof that Brexit was a real disaster for Britain was published last week. Reuters reports that the drop in the value of the pound will hit […]
Dublin queues for food parcels ‘absolutely disgraceful’
Irish Times — Ireland was one of the countries that were chosen by the German media as an example of success, after exiting the EU […]
Greece called to explain pension bonus
IBNA — An e-mail was delivered to Athens on Thursday with which its creditor institutions request clarifications regarding the Greek government’s recent decision to hand […]
Italy ready to bailout failing bank challenging EU rules
Reuters — Italy’s parliament gave the green light on Wednesday for a 20 billion euro plan to prop up the country’s weaker banks, starting with […]
Berlin gives Tsipras the cold shoulder
Greek hopes of a political solution to the standoff between Athens and the European Stability Mechanism (ESM) with the help of Angela Merkel were dashed […]
The Express praises Tsipras for “Standing up for his PEOPLE!” defying Germany and creditors
The Express — Despite increased tensions with Greece’s creditors and pressure from Germany, Alexis Tsipras chose to stand up for his people and help his […]
MEPs criticise Dijsselbloem for not consulting eurogroup members before suspending Greek deal
ANA-MPA — The Socialists and Democrats Group in the European Parliament on Thursday announced its decision to seek a meeting with Eurogroup President Jeroen Dijsselbloem […]
IMF chief Christine Lagarde in negligence trial in France
BBC — IMF chief Christine Lagarde has gone on trial in France for negligence over a compensation payment made by a state-owned bank to a […]
Greek court refuses the extradition of the last two Turkish servicemen
Euronews — A Greek court has ruled against the extradition of the last two Turkish servicemen from a group of eight who fled their own […]
EU takes legal action against member states over VW scandal
Reuters — The European Union began legal action on Thursday against Germany, Britain and five other member states (including Greece), for failing to police emissions […]
Süddeutsche Zeitung criticises Berlin for asking Tsipras to do more than he is able to do
German daily broadsheet Süddeutsche Zeitung in an article on the Greek debt crisis has been critical of Berlin’s approach to the Tsipras government. The German […]
Eurogroup assessment of DBP of eurozone countries – 8 need to implement additional measures
The 5 December Eurogroup assessed the draft budgetary plans of eurozone countries and issued a statement on their conclusions. “The economic and budgetary situation in the […]
Greece needs reforms, not debt relief – Germany’s Schaeuble
Reuters — Structural reforms rather than debt relief will help Greece to achieve sustainable growth and stay in the euro zone because rates and repayment […]
Renzi to resign after defeat as Austria rejects far right
The Guardian — Italian prime minister Matteo Renzi has said he will resign on Monday after voters dismissed his plans for constitutional reform in a […]