EU Economic and Monetary Affairs Correspondent
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Sep 18, 2014

Russia demands changes to Ukraine-EU trade deal

BRUSSELS (Reuters) – Russia has demanded changes to a free-trade deal between Ukraine and the European Union, underlining that Moscow was not satisfied by a last-minute concession from the EU to delay implementing the pact at the heart of the conflict in Ukraine.

In a letter to the EU trade commissioner, seen by Reuters on Thursday, Economy Minister Alexei Ulyukayev said Moscow wanted three-way negotiations to amend the EU’s treaty with Kiev, which Russia says will hurt its own economy.

Sep 14, 2014

EU seeks billions of euros to revive economy

MILAN Italy (Reuters) – The European Union sought ways on Saturday to marshal billions of euros into its sluggish economy without getting deeper into debt, considering options from a pan-European capital market to a huge investment fund.

With Europe’s economy struggling to recover from the worst financial crisis in a generation, EU finance ministers tasked the European Commission, the EU executive, and the European Investment Bank (EIB) to draw up a list of projects that would create growth and decide how to finance them.

Sep 13, 2014

Show us the money: EU seeks billions of euros to revive economy

MILAN Italy (Reuters) – The European Union sought ways on Saturday to marshal billions of euros into its sluggish economy without getting deeper into debt, considering options from a pan-European capital market to a huge investment fund.

With Europe’s economy struggling to recover from the worst financial crisis in a generation, EU finance ministers tasked the European Commission, the EU executive, and the European Investment Bank (EIB) to draw up a list of projects that would create growth and decide how to finance them.

Sep 11, 2014

France to come under pressure for breaking budget promises

MILAN Italy (Reuters) – France will come under pressure from its euro zone peers on Friday to do more to keep its budget promises, diplomats said, after Paris said on Wednesday it would delay cutting its deficit by two more years.

Euro zone finance ministers meet for informal talks in Milan on Friday, and high on the agenda will be the recently revamped EU budget rules, which limit budget deficits and debt and set deadlines for their reduction, officials said.

Sep 10, 2014

New EU economy team to seek policy middle-ground

BRUSSELS (Reuters) – The new European Commission will spread responsibility for key economic issues over three top officials with different economic views, in what critics say could mean policy deadlock but advocates see as a route to compromise.

Commission President-elect Jean-Claude Juncker appointed French Socialist former finance minister Pierre Moscovici as commissioner for economic and financial affairs, taxation and customs union. He will monitor governments’ fiscal performance and the overall health of the economies of the 28-nation bloc.

Sep 10, 2014

New EU Commission gives key economic posts to France, Britain

BRUSSELS, Sept 10 (Reuters) – Jean-Claude Juncker, the
incoming president of the European Commission, handed key
economic and financial responsibilities to French and British
members of a restructured, 28-strong team he unveiled on
Wednesday.

French Socialist Former finance minister Pierre Moscovici
takes the key portfolio of economic and monetary policy, though
he will be supervised by former Finnish prime minister Jyrki
Katainen and former Latvian prime minister Valdis Dombrovskis.

Sep 9, 2014

EU to discuss implementation of new Russia sanctions Wednesday

BRUSSELS (Reuters) – European Union countries will discuss on Wednesday whether to implement new sanctions against Russia over its involvement in the Ukraine war, the European Commission said on Tuesday, as Kiev urged the 28-nation bloc to move without delay.

EU governments adopted new sanctions against Russia on Monday but delayed enforcing them to leave time to assess whether a ceasefire in Ukraine, agreed last Friday, was holding.

Sep 9, 2014

EU to discuss implementation of new Russia sanctions Wed

BRUSSELS, Sept 9 (Reuters) – European Union countries will
discuss on Wednesday whether to implement new sanctions against
Russia over its involvement in the Ukraine war, the European
Commission said on Tuesday, as Kiev urged the 28-nation bloc to
move without delay.

EU governments adopted new sanctions against Russia on
Monday but delayed enforcing them to leave time to assess
whether a ceasefire in Ukraine, agreed last Friday, was holding.

Sep 8, 2014

EU delays enforcing new Russia sanctions

BRUSSELS (Reuters) – The European Union adopted new sanctions against Russia over its involvement in the Ukraine war on Monday, but delayed enforcing them to leave time to assess whether a ceasefire in Ukraine is holding.

The sanctions, which target the ability of Russia’s top oil producers to raise capital in Europe, were originally due to take effect on Tuesday.

Sep 8, 2014

EU delays signing off on new Russia sanctions

BRUSSELS (Reuters) – European Union governments delayed signing off on a new package of sanctions against Russia over its involvement in Ukraine on Monday because some governments want to discuss how to suspend the sanctions if a Ukraine ceasefire holds, diplomats said.

EU envoys were meeting on Monday evening in Brussels to decide whether the sanctions – agreed in principle on Friday – should be first implemented and then suspended if the ceasefire holds or whether they should not be implemented at all at this stage, they said.

    • About Jan

      "Based in Brussels since 2005, I cover economic policy news from the European Commission, EU and euro zone economic data, monthly meetings of EU/euro zone finance ministers as well as G7/8/20 meetings. Before Brussels I was a correspondent in Stockholm for five years, covering technology stocks and the Swedish central bank. I was earlier a correspondent in Poland for seven years, covering macroeconomic policy, bond, forex and money markets, the central bank and politics."
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