Senior correspondent, Brussels
Robin's Feed
Apr 30, 2013

Eurozone inflation fall, record jobless point to ECB rate cut

BRUSSELS (Reuters) – Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week.

Inflation tumbled to 1.2 percent in April, the lowest level since February 2010 and the biggest monthly drop in more than four years, the EU’s statistics office Eurostat said on Tuesday, reflecting an economy mired in recession.

Apr 29, 2013
Apr 29, 2013

Economic mood in euro zone sours again in April

BRUSSELS (Reuters) – Confidence in the euro zone’s economy fell further in April, data showed, strengthening the case for a cut in interest rates this week by the European Central Bank.

The euro zone is facing a difficult road out of recession and has seen a souring of the mood among companies and consumers since March, after an optimistic start to the year was disrupted by turmoil in Cyprus and Italy.

Apr 26, 2013

Spain admits recession worse but gets deficit leeway

MADRID/BRUSSELS, April 26 (Reuters) – Spain acknowledged
that its economy would shrink more than initially expected in
2013 and its budget deficit would be higher than promised, but
the European Union gave it more time to bring the shortfall back
down to bloc limits.

Prime Minister Mariano Rajoy, who was a keen advocate of
austerity in his first year in power, has tried since February
to find a middle way in the argument over Europe’s economic
future between pro-austerity and pro-growth camps.

Apr 25, 2013
Apr 25, 2013

U.S. trade talks should not cover culture, EU says

BRUSSELS (Reuters) – European Union lawmakers have backed French demands to exempt culture from a proposed free-trade pact between Europe and the United States, keeping Paris on side and raising the chances that the talks can start on time.

The European Parliament’s influential trade committee voted on Thursday to leave all of Europe’s cultural and audiovisual services out of the negotiations due to start in July, a decision that will shape the negotiating mandate that EU trade ministers are due to agree upon in June.

Apr 24, 2013
Apr 22, 2013

Era of austerity has run its course – EU

BRUSSELS (Reuters) – France and Spain fell short of their budget deficit goals last year and debt levels swelled across the euro zone but the pressure may be easing on Paris and Madrid as the European Commission signals an end to sharp spending cuts.

Outlining the state of Europe’s accounts in 2012, the EU’s statistics office Eurostat said on Monday that France posted a deficit of 4.8 percent of economic output, higher than its 4.5 percent target. Spain’s shortfall was the largest in the EU.

Apr 22, 2013

EU agrees mortgage law to avoid more housing bubbles

BRUSSELS, April 22 (Reuters) – EU countries reached a deal
with the European Parliament on Monday on the bloc’s first
common rules on mortgage lending, in an attempt to avoid a
repeat of property bubbles that helped fuel the euro zone’s debt
crisis.

Once written into European Union law, the rules will force
lenders in Europe’s 6.5 trillion euro ($8.5 trillion) mortgage
market to check the creditworthiness of potential customers and
their ability to repay, banning self-certified or “liar” loans.

Apr 22, 2013

Era of austerity has run its course, EU says

BRUSSELS (Reuters) – France and Spain fell short of their budget deficit goals last year and debt levels swelled across the euro zone but the pressure may be easing on Paris and Madrid as the European Commission signals an end to sharp spending cuts.

Outlining the state of Europe’s accounts in 2012, the EU’s statistics office Eurostat said on Monday that France posted a deficit of 4.8 percent of economic output, higher than its 4.5 percent target. Spain’s shortfall was the largest in the EU.

    • About Robin

      "Robin is a Brussels-based correspondent covering Europe's debt crisis, and editor of the euro zone page on reuters.com. He joined Reuters from the Financial Times in Mexico City in 2002, moving to Panama City and then to Lima, Peru, before heading back to Mexico to cover the U.S.-Mexico border. He led the drugs war coverage that was nominated for an Overseas Press Club award in the United States in 2010. Robin started out in Amsterdam at Dutch financial daily Het Financeele Dagblad as an English-language staffer."
      Hometown:
      London
      Joined Reuters:
      2002
      Languages:
      Spanish, French
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