News - March 2013

Statement by the European Commission on the capital controls imposed by the Republic of Cyprus

28/03/2013

European Commission Press release Brussels, 28 March 2013 The Commission takes note of temporary restrictions on the free movement of capital, including capital controls, imposed by the Republic of Cyprus as part of a series of measures to prevent the significant risk of uncontrollable outflow of deposits which would lead...

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EU Justice Scoreboard: European Commission broadens the scope of its analysis of Member States' justice systems

27/03/2013

European Commission Press release Brussels, 27 March 2013 The European Commission has today unveiled a new comparative tool to promote effective justice systems in the European Union and thereby reinforce economic growth.

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March 2013: Business Climate Indicator decreases

27/03/2013

European Commission Press release Brussels, 27 March 2013 March 2013March 2013 In March 2013, the Business Climate Indicator (BCI) for the euro area decreased by 0.14 points to 0.86. The assessment of current order books (overall and export) and past production declined markedly.

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March 2013: Economic sentiment weakens in both the euro area and the EU

27/03/2013

European Commission Press release Brussels, 27 March 2013 March 2013March 2013 In March the Economic Sentiment Indicator (ESI) decreased in both the euro area and the EU, putting on hold the recovery that had started in November of last year.

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Remarks by Vice President Rehn on Cyprus at the Eurogroup Press Conference on 25 March 2013

25/03/2013

European Commission MEMO Brussels, 25 March 2013 Thank you for your patience, ladies and gentlemen. It's been yet another hard day's night. I'm not saying a long and winding road, but it was absolutely essential that an agreement be reached tonight on a financial assistance programme for Cyprus.

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Remarks by Vice President Rehn on Cyprus

23/03/2013

European Commission MEMO Brussels, 23 March 2013 Available also as video footage on EbS and EbS+ http://ec.europa.eu/avservices/ebs/schedule.cfm “The European Commission is working hard to facilitate a solution to help Cyprus.

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March 2013: Flash Consumer Confidence Indicator

20/03/2013

European Commission Press release Brussels, 20 March 2013 March 2013March 2013 In March 2013, the DG ECFIN flash estimate of the consumer confidence indicator remained unchanged in the EU (at -21.6) and broadly unchanged in the euro area (-23.5 after -23.6 in February 2013).

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Commission sets out next steps towards a deep and genuine Economic and Monetary Union

20/03/2013

European Press release Brussels, 20 March 2013 Commission Today, the European Commission presented two new Communications on the next steps towards a deep and genuine Economic and Monetary Union (EMU). The aim is to strengthen economic policy coordination and integration in the euro area.

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Statement by Vice Presidents Rehn and Tajani on commercial debt of public administrations

18/03/2013

European Commission MEMO Brussels, 18 March 2013 The recovery in the European economy must be built on the solid foundations of sound public finances. Moreover, we need to unleash productive investment and restore lending to the real economy.

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Statement by Vice President Rehn on the seventh review mission to Portugal

15/03/2013

European Commission MEMO Brussels, 15 March 2013 The determined implementation of Portugal’s economic adjustment programme is continuing. Structural reforms have led to a substantial improvement in competitiveness and this will be further enhanced by the recent agreement on severance pay, the strengthening of the framework for regulators and measures to...

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Statement by the EC, ECB and IMF on the Seventh Review Mission to Portugal

15/03/2013

European Commission MEMO Brussels, 15 March 2013 Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Lisbon during February 25-March 14 for the seventh quarterly review of Portugal’s economic adjustment programme.

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Statement by the European Commission, ECB and IMF on Greece

14/03/2013

European Commission MEMO Brussels, 14 March 2013 Staff teams from the European Commission, the ECB and the IMF have conducted discussions with the Greek authorities during the last two weeks regarding the review of Greece’s economic program. Significant progress has been made but a few issues remain outstanding.

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Declaration by Vice President Rehn on behalf of the European Commission on the occasion of the European Parliament’s plenary vote on the Two-Pack

12/03/2013

European Commission MEMO Brussels, 12 March 2013 Once legislation proposed by the Commission on the two-pack is adopted, the Commission intends to take steps in the short-term towards a deep and genuine EMU as outlined in the blueprint.

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‘Two-Pack’ completes budgetary surveillance cycle for euro area and further improves economic governance

12/03/2013

European Commission MEMO Brussels, 12 March 2013 The global economic and financial crises exposed shortcomings in economic governance and budgetary surveillance at the EU level. These shortcomings were effectively addressed with the creation in 2010-2011 of the European Semester of economic policy coordination and the six legislative proposals known as...

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Speech: European Semester – stable public finances and sustainable economic growth

08/03/2013

European Commission Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro European Speech: European Conference on the European Semester/Warsaw 8 March 2013 Deputy-Prime Minister Piechocinski, Ladies and Gentlemen, I am very glad to be back in Warsaw to...

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Speech: European Semester – stable public finances and sustainable economic growth

08/03/2013

European Commission Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro European Speech: European Conference on the European Semester/Warsaw 8 March 2013 Deputy-Prime Minister Piechocinski, Ladies and Gentlemen, I am very glad to be back in Warsaw to...

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EP hearing: Europe back on top with 50/50: Can gender parity present a cure for the crisis?

06/03/2013

"I am convinced that improved gender equality has significant advantages – not only ethical but also economic ones. Decision-making at its best is based on views expressed by representatives of both genders with various cultural backgrounds. In these economically challenging times we should turn every stone to make full use of our talents in order to create value and to help European companies perform as well as possible."

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Latvia and the euro

05/03/2013

European Commission MEMO Brussels, 5 March 2013 The news Today, Latvia formally asked the Commission to deliver an extraordinary convergence report with the aim of joining the euro from 1st January 2014. The report will assess if the country has achieved the five convergence criteria as defined in the Maastricht...

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Speech - Vice President Rehn's press point with Latvian Finance Minister Andris Vilks

05/03/2013

European Commission Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Speech - VIP Corner/Brussels 5 March 2013 Good afternoon. Andris Vilks, the finance minister of Latvia, has just handed me his country’s formal request for a convergence...

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Vice President Rehn's press point with Latvian Finance Minister Andris Vilks

05/03/2013

"Latvia’s request is another sign of confidence in the euro. We all remember the rampant speculation less than one year ago of a supposedly imminent break-up of the euro. Fortunately, that speculation did not diminish the determination of the Latvian government and the Latvian people to continue along the path of sound public finances and reforms to create the conditions necessary for sustainable growth and job creation and to prepare for euro accession."

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Speech: Vice-President Rehn's remarks at the ECOFIN press conference

05/03/2013

European Commission Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Vice-President Speech: Vice-President ECOFIN Press Conference/Brussels 5 March 2013 Good afternoon ladies and gentlemen.

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Speech: Remarks by Vice-President Olli Rehn at the Eurogroup press conference

05/03/2013

European Commission Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Speech: Eurogroup/Brussels 4 March 2013 Thank you Jeroen. I will make four brief points on the issues we have discussed today. First, on Cyprus.

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Speech: Remarks by Vice-President Olli Rehn at the Eurogroup press conference

05/03/2013

European Commission Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Speech: Eurogroup/Brussels 4 March 2013 Thank you Jeroen. I will make four brief points on the issues we have discussed today. First, on Cyprus.

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Preparation of Economic and Finance Ministers Council, Brussels, 5 March

01/03/2013

European Commission MEMO Brussels, 1 March 2013 The EU's Council of Economic and Finance Ministers will take place on Tuesday, 5 March at 10.30. The European Commission will be represented by Olli Rehn, Vice President and Commissioner for Economic and Monetary Affairs and the Euro, Michel Barnier, Commissioner for Internal...

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Last update: 16/04/2014 |  Top