News - April 2010

Commission adopts Convergence Report assessing readiness for euro membership in eight EU Member States

31/05/2012

European Commission - Press release Brussels, 30 May 2012 - The European Commission today adopted a report assessing progress with convergence towards the requirements of the Economic and Monetary Union (EMU) in eight Member States (Bulgaria, the Czech ...

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Olli Rehn Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Action for Growth, Stability and Jobs Brussels ...

31/05/2012

SPEECH/12/404 Distinguished speakers, Ladies and Gentlemen, Let me welcome you to the 2012 edition of the Brussels Economic Forum. I am delighted about the large participation in this forum today. The topic of this year's forum is indeed most relevant ...

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Olli Rehn Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Action for Growth, Stability and Jobs Brussels ...

31/05/2012

SPEECH/12/404 Distinguished speakers, Ladies and Gentlemen, Let me welcome you to the 2012 edition of the Brussels Economic Forum. I am delighted about the large participation in this forum today. The topic of this year's forum is indeed most relevant ...

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Commission sets out the next steps for stability, growth and jobs

30/05/2012

European Commission - Press release Brussels, 30 May 2012 – The European Commission has adopted a package of recommendations for budgetary measures and economic reforms to enhance financial stability, boost growth and create employment across the EU....

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Following in-depth reviews, Commission calls on Member States to tackle macroeconomic imbalances

30/05/2012

MEMO/12/388 Brussels, 30 May 2012 What was the purpose of the in-depth reviews? The in-depth reviews are part of the Macroeconomic Imbalance Procedure (MIP) which was introduced to prevent and correct macroeconomic imbalances and which is being implemented ...

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2012 country-specific recommendations in the context of the European Semester: Frequently asked questions

30/05/2012

MEMO/12/386 Brussels, 30 May 2012 What has been adopted today? The Commission has adopted a package of proposals concluding the second European Semester of economic policy coordination and giving guidance for national policies in 2012-2013....

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Excessive Deficit Procedure recommendations on Bulgaria, Germany and Hungary: Frequently asked questions

30/05/2012

MEMO/12/385 Brussels, 30 May 2012 What has the Commission proposed today under the Excessive Deficit Procedure (EDP) regarding Bulgaria and Germany? The Commission is recommending that the Council abrogates the EDP, as foreseen in Article 126(12) of the ...

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May 2012: Business Climate Indicator continues to decrease in May

30/05/2012

European Commission - Press release Brussels, 30 May 2012 - - In May 2012, the Business Climate Indicator (BCI) for the euro area decreased by 0.26 points to -0.77. The decline was driven by a more negative assessment of all components (i....

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May 2012: Economic sentiment falls sharply in both the EU and the euro area

30/05/2012

European Commission - Press release Brussels, 30 May 2012 - Brussels, 30 May 2012 - The Economic Sentiment Indicator (ESI) decreased sharply in May, falling by 2.7 points in the EU and by 2.3 points in the euro area, to 90....

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The pilot phase of Europe 2020 Project Bond Initiative (reissue)

23/05/2012

MEMO/11/370 Brussels, 23 May 2012 Q1: What are the primary objectives of the Initiative? The EU Budget is a key element to support the growth agenda and to achieve the Europe 2020 policy targets. The stronger use of innovative financial instruments is ...

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Statement by Vice-President Olli Rehn following the political agreement on the EU-EIB Project Bonds Initiative

22/05/2012

MEMO/12/369 Brussels, 22 May 2012 I welcome the agreement today in the "trilogue" with the Parliament and Council on our proposal for the pilot phase of Project Bonds, which paves the way for the vote on 31 May....

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May 2012: Flash Consumer Confidence Indicator

22/05/2012

European Commission - Press release Brussels, 22 May 2012 - In May 2012, the DG ECFIN flash estimate of the consumer confidence indicator improved in both the EU (to -19.4 from -20.2 in April 2012) and the euro area (to -19....

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Olli Rehn Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Europe's action plan for growth, employment and...

22/05/2012

SPEECH/12/378 President Schulz, Honourable Members of the European Parliament, Ladies and Gentlemen, We once again find ourselves at a turning point in the debt crisis. At the same time, the European Union is now witnessing a new level of debate about ...

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Olli Rehn Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Europe's action plan for growth, employment and...

22/05/2012

SPEECH/12/378 President Schulz, Honourable Members of the European Parliament, Ladies and Gentlemen, We once again find ourselves at a turning point in the debt crisis. At the same time, the European Union is now witnessing a new level of debate about ...

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Vice-President of the European Commission and Member responsible for Economic and Monetary Affairs and the Euro Overcoming Europe's sovereign debt crisis – the road to stability and gro...

17/05/2012

SPEECH/12/367 Olli Rehn Ladies and Gentlemen, I am very honoured to return to my alma mater. I spent many memorable moments here, at a time when the Cold War was coming to an end. As one chapter of history closed – another one opened with the optimistic ...

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Overcoming Europe's sovereign debt crisis – the road to stability and growth

17/05/2012

Speech at St. Antony's College, Oxford
"Over the past two and a half years, the eurozone has taken unprecedented action to safeguard financial stability and economic recovery in Europe. Vulnerable member states have stepped up fiscal consolidation and structural reforms. We have built financial firewalls with robust firepower. In addition, the European Central Bank has played an important role to ensure not only monetary but also financial stability."

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Remarks of European Commission Vice-President Rehn at the Eurogroup press conference of 14 May 2012

15/05/2012

MEMO/12/347 Brussels, 14 May 2012 Regarding progress on the implementation of the programmes of Ireland and Portugal, I'm pleased to say that both programmes are on track, and the re-balancing towards an expanding export sector continues in both countries. ...

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Statement by Olli Rehn, Vice President of the European Commission responsible for Economic and Monetary Affairs and the Euro

13/05/2012

MEMO/12/325 Brussels, 13 May 2012 Iwelcome the measures announcedon Fridayby the Spanish authorities to further reform the banking sector. Aprompt and profoundreform of the bankingsector is a cornerstone of Spain's crisis response and its overall reform ...

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Spring forecast 2012-13: towards a slow recovery

11/05/2012

European Commission - Press release Brussels, 11 May 2012 - Following the output contraction in late 2011, the EU economy is estimated to be currently in a mild recession. While uncertainty about economic and financial prospects remains high, strong policy ...

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Spring forecast: towards a slow recovery

11/05/2012

Spring forecast: towards a slow recovery
11 May 2012

"A recovery is in sight, but the economic situation remains fragile, with still large disparities across Member States. We are witnessing an ongoing adjustment of the fiscal and structural imbalances built up before and after the onset of the crisis, made worse by the still weak economic sentiment Without further determined action, however, low growth in the EU could remain. Sound public finances are the condition for lasting growth, and building on the new strong framework for economic governance, we must support the adjustment by accelerating stability and growth-enhancing policies."

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José Manuel Durão Barroso President of the European Commission Statement by President Barroso: "Seizing the moment to boost growth: 9th May message from the European Commission" Joint p...

08/05/2012

SPEECH/12/337 Good afternoon ladies and gentlemen, Tomorrow is Europe Day and we celebrate the achievements of the European Union: 62 years of European integration. We should never forget how far we have come; where we were 60 years ago and where we are ...

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Olli Rehn Vice-President of the European Commission and Member responsible for Economic and Monetary Affairs and the Euro Restoring growth in Europe: confidence, reforms and investment In...

05/05/2012

SPEECH/12/330 Olli Rehn Vice-President of the European Commission and Member responsible for Economic and Monetary Affairs and the Euro Restoring growth in Europe: confidence, reforms and investment Institute of European Studies, Vrije Universiteit Brussel ...

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Olli Rehn Vice-President of the European Commission and Member responsible for Economic and Monetary Affairs and the Euro Restoring growth in Europe: confidence, reforms and investment In...

05/05/2012

SPEECH/12/330 Olli Rehn Vice-President of the European Commission and Member responsible for Economic and Monetary Affairs and the Euro Restoring growth in Europe: confidence, reforms and investment Institute of European Studies, Vrije Universiteit Brussel ...

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Statement by Vice-President Rehn on the budgetary agreement reached in the Netherlands

02/05/2012

"We welcome the budgetary agreement reached with broad consensus in The Netherlands. It sends a strong signal of commitment to keep Dutch public finances on a strong and sustainable footing with a view to securing the welfare of future generations.

The agreement confirms a long Dutch tradition of sound public finances, reflecting a deeply-rooted stability culture. It underlines the strength and credibility of domestic institutions in not shying away from difficult choices that inevitably have to be made.

Consequently, the Dutch authorities submitted the Stability Programme today, in respect of the agreed deadline. The Commission will assess the programme in May in the context of the European Semester, as it will for all EU Member States.

The rules of the Stability and Growth Pact put a strong emphasis on the structural sustainability of public finances and on structural reforms. The Commission will therefore assess the Dutch programme putting particular emphasis on the quality and sustainability of the adjustment measures in the medium-term."

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Last update: 26/07/2014 |  Top