Differing accounts after late-night Greek talks

March 20, 2015

Hollande, Merkel, Dijsselbloem, Juncker, Tsipras, Tusk and officials during an EU leaders summit in Brussel

After late-night talks in Brussels with key EU leaders and institutional chiefs, Greek Prime Minister Alexis Tsipras assured his creditors that he would soon present a full set of economic reforms in order to unlock cash to stave off bankruptcy.

Bibi rides again

By Mike Peacock
March 18, 2015

Israeli Prime Minister Benjamin Netanyahu waves to supporters at the party headquarters in Tel Aviv

Not for the first time, Benjamin Netanyahu has defied the odds and snatched electoral victory from the jaws of defeat.
Israeli opposition leader Isaac Herzog has just conceded although he has not given up hope of forming a coalition government if Netanyahu fails to.

Impatient euro zone tells Greece to get on with it

By Mike Peacock
March 10, 2015

Greek Finance Minister Varoufakis walks past  Eurogroup Chairman Dijsselbloem at a euro zone Finance Ministers meeting in Brussels

The head of euro zone finance ministers urged Greece on Monday to “stop wasting time” and buckle down to serious talks on implementing a reform programme to secure urgently needed funds from its international creditors.

Whisper it, is the euro zone perking up?

By Mike Peacock
February 26, 2015

People walk into the the Mall of Berlin shopping centre in Berlin

The drama of Ukraine and Greece has left old-fashioned economic data in the shade so far this year but, quietly, there are some signs of improvement for the moribund euro zone economy.

Incremental French reform steps

By Mike Peacock
December 12, 2014

French Prime Minister Valls and Economy Minister Macron leave a press conference to present the "Law on Growth and Activity" plans at the Elysee Palace in Paris

French Prime Minister Manuel Valls meets ministers to discuss the next leg of the government’s reform agenda. Documents will be published afterwards.

As Greece teeters, France and Italy talk reform

By Mike Peacock
December 10, 2014

France's President Hollande talks with Italy's Prime Minister Renzi during the Asia-Europe Meeting (ASEM) in Milan

With the Greek government again in peril and Italy flirting with a junk credit rating, it’s all starting to feel a bit familiar.
Greek stocks suffered their steepest daily fall in more than a quarter century on Tuesday after Prime Minister Antonis Samaras brought forward a presidential election.

Merkel raps Italy, France over budgets

By Mike Peacock
December 8, 2014

France's President Hollande talks with Italy's Prime Minister Renzi during the Asia-Europe Meeting (ASEM) in Milan

Euro zone finance ministers meet in Brussels to discuss member states’ 2015 budget plans. We know the European Commission thinks France, Italy and Belgium are breaking EU deficit rules but will defer decisions on any action until March. At that point, France could face a multi-billion euro fine and Italy and Belgium be put on a disciplinary programme.

Cameron’s immigration conundrum

By Mike Peacock
November 28, 2014

David Cameron’s long-awaited speech on immigration – which has been billed as his blueprint to win back disaffected Conservatives and others now voting for anti-EU UKIP – will be delivered today.

EU forecasts put France, Italy under the microscope

By Mike Peacock
November 4, 2014

France's President Hollande talks with Italy's Prime Minister Renzi during the Asia-Europe Meeting (ASEM) in Milan

After euro zone inflation ticked up for the first time in many months and the latest PMI surveys showed factory activity expanded only very slightly last month, today the European Commission publishes its autumn economic forecasts.

Draghi tries to keep show on the road

By Mike Peacock
October 2, 2014


The European Central Bank has one of its two offsite policy meetings of the year, in Naples. After a glut of measures last time it’s inconceivable that further action will be taken now but there is plenty to ponder.