Senior correspondent, Brussels
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Oct 24, 2014

Stagnating euro zone seeks German shift

BRUSSELS, Oct 24 (Reuters) – France and Italy sought on
Friday to bridge stark differences with Germany over how to
avert economic stagnation and deflation, but Chancellor Angela
Merkel warned her peers against repeating the euro zone’s debt

After the bloc’s revival came to a halt in the second
quarter, France and Italy want to shift course away from the
spending cuts that marked the bloc’s response to the 2009-2012
crisis. Germany says debt discipline must continue.

Oct 24, 2014
Oct 24, 2014

Stagnating euro zone seeks to persuade Germany to shift

BRUSSELS (Reuters) – Euro zone leaders sought on Friday to bridge stark differences over how to avoid economic stagnation and deflation in the bloc, with Germany facing fresh calls to soften its budget rigor and spend more.

With a U.S.-style bond-buying plan by the European Central Bank off the table for now, the bloc has few options, leaving other euro zone leaders to tread a careful line between the opposing growth and austerity camps.

Oct 22, 2014
Oct 20, 2014
Oct 20, 2014

EU and China end telecoms row as EU drops threats against Huawei

BRUSSELS (Reuters) – The European Union has ended a long-running telecoms row with China, the EU’s trade chief said on Monday, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world’s top trading powers.

As Reuters reported exclusively on Oct. 8, the deal struck between Brussels and Beijing sets out a framework for China to address EU concerns about subsidies to Huawei [HWT.UL], China’s No. 2 telecoms equipment maker, and its smaller rival ZTE.

Oct 16, 2014

Deflation stalks Europe’s periphery as inflation hits five-year low

BRUSSELS (Reuters) – Deflation hit five peripheral euro zone countries in September as inflation slipped to its lowest for five years and exports faltered, data on Thursday showed, offering little hope that the bloc will avoid its third recession in six years.

While consumer inflation at 0.3 percent was unchanged from Eurostat’s Sept. 30 estimate and met market expectations, Greece, Spain, Italy, Slovenia and Slovakia showed deflation in the month on persistently depressed household demand.

Oct 13, 2014

France faces pressure from peers to tighten spending plans

LUXEMBOURG (Reuters) – France faced renewed pressure from euro zone peers on Monday to tighten spending next year, amid a growing rift over its plans to flout European budget rules.

The dispute with France, the euro zone’s second-largest economy, over its planned budget, is an added problem for the bloc, which is hamstrung by political division while its economy is slowing.

Oct 13, 2014
Oct 12, 2014

Euro zone seeks to soften German opposition to stimulus spending

LUXEMBOURG (Reuters) – France and Italy will keep pressure on Germany this week to use government money to revive the euro zone’s stagnating economy but in a sign of inertia, a promised list of projects to create growth will not be ready until December.

European finance ministers take the argument to Luxembourg on Monday for two days of talks following last week’s International Monetary Fund meetings in Washington. There, German Finance Minister Wolfgang Schaeuble ruled out “writing checks” for the euro zone.

    • About Robin

      "Robin Emmott is Reuters diplomatic correspondent in Brussels, covering the European Union’s foreign and security affairs and NATO. After spells in Amsterdam at Het Financeele Dagblad and in Mexico City with the Financial Times, Robin spent a decade covering Latin America for Reuters. Since 2011, he has been in Brussels writing on trade, foreign affairs and economics."
      Joined Reuters:
      Spanish, French
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