BRUSSELS, June 21 (Reuters) – As Greece threatens new shocks
for the euro zone, EU chief executive Jean-Claude Juncker laid
out a vision on Monday for tighter joint control over the
currency zone’s economies, including, one day, a potential
common euro zone treasury.
In a report issued in cooperation with the European Central
Bank and other EU bodies, the European Commission president
proposed more help for states in distress, combined with tougher
discipline for countries that miss fiscal targets.
ATHENS/BRUSSELS, June 22 (Reuters) – A new Greek offer for a
cash-for-reforms deal raised hopes of an agreement as euro zone
leaders prepared for an emergency summit on Monday, with EU
officials welcoming the proposals as a “good basis for progress”
to avert a default by Athens.
European shares surged and the Greek stock market jumped
nearly 7 percent on hopes that the government could finally end
months of wrangling that have left the country on the verge of
bankruptcy and possibly being pushed out of the euro bloc.
BRUSSELS/ATHENS (Reuters) – The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a “good basis for progress” at talks on Monday where creditors want 11th-hour concessions to haul Athens back from the brink of bankruptcy.
EU chief executive Jean-Claude Juncker’s chief-of-staff spoke of a “forceps delivery” as officials worked late into the night to produce a deal ahead of a summit of euro zone leaders in Brussels that they hope can keep Greece in the currency bloc.
BRUSSELS (Reuters) – As Greece threatens new shocks for the euro zone, EU chief executive Jean-Claude Juncker and four other top EU officials have laid out a vision for the common currency involving tighter control from Brussels.
In a report to be published on Monday, in cooperation with the heads of other EU bodies, the European Commission president also proposed help for states in distress.
ATHENS/BRUSSELS (Reuters) – Greek Prime Minister Alexis Tsipras spoke to the leaders of Germany, France and the European Commission by phone on Sunday in an attempt to break the deadlock over a cash-for-reforms deal as time runs out to save Greece from bankruptcy.
After months of wrangling and with anxious depositors pulling billions of euros out of Greek banks, Tsipras’s leftist government has signaled a willingness to make concessions in order to unlock 7.2 billion euros in bailout money.
WATERLOO, Belgium (Reuters) – Descendants of Napoleon Bonaparte and the Duke of Wellington shook hands at Waterloo on the 200th anniversary of a battle that ended French imperial hegemony over Europe and ushered in a century of fragile peace.
Belgium’s king and prime minister, hosting the celebrations, used the occasion on Thursday to hail the European Union, based a few miles away in Brussels, and characterised Waterloo, fought with great loss on June 18, 1815, as a turning point in the development of systems to manage the continent’s many states.
BRUSSELS (Reuters) – Jean-Claude Juncker rebuked Greek Prime Minister Alexis Tsipras on Tuesday, accusing him of giving his voters a deliberately distorted version of proposals the EU chief executive had made to resolve Athens’ debt crisis.
The flash of anger, as European Commission President Juncker prefaced an answer at a news conference by saying he cared about Greece’s people but not its government, was in sharp contrast to his previous efforts to befriend the novice leftist premier in the course of tortuous negotiations.
WATERLOO, Belgium (Reuters) – Kings and commoners gather at Waterloo this week to mark the battle’s bicentenary in a show of European unity not seen for a major anniversary at the site since history changed course there on June 18, 1815.
Days of official ceremony, a music-and-fireworks spectacular and re-enactments of the bloody summer day that finally ended Napoleon’s French domination of the continent have been heralded by a flurry of academic reassessment of the conflict and renewed debate, and discomfort, over its meaning for Europe today.
BRUSSELS (Reuters) – Greek Prime Minister Alexis Tsipras held a new round of late-night talks with the leaders of Germany and France and agreed to intensify negotiations with Athens’ creditors ahead of a looming default at the end of the month.
The latest in a run of sleep-defying meetings in recent weeks was partly political theater, as all involved try to show their commitment to a deal – and avoid any blame for failing to avert a crunch that could unsettle the euro and the world economy. But Tsipras again said he saw a solution at hand.
RIGA (Reuters) – EU leaders meeting in Latvia’s capital Riga last week would have paid little heed to the rundown building across the street, seemingly unpainted since Brezhnev’s day, or the fading slogan daubed across its roof.
“You are not alone!” it yelled in Russian.
It might have been the mantra recited by the Europeans to six ex-Soviet neighbors at the so-called Eastern Partnership Summit, who went away with EU pledges of aid and trade.