Press releases

European Commission statement on the publication of results of stress tests of Spanish banks

28/09/2012

European Commission MEMO Brussels, 28 September 2012 The European Commission welcomes today’s publication by the Spanish authorities of the results of the independent valuation of Spanish banks. This is a major step in implementing the financial-assistance ...

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Comments by Vice-President Olli Rehn on the publication of Spanish Structural Reform Plan

27/09/2012

European Commission MEMO Brussels, 27 September 2012 "The comprehensive reform plan announced today by the Spanish authorities is a major step to broaden and deepen structural reforms, building on important achievements made already....

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September 2012: Business Climate Indicator decreases in September

27/09/2012

European Commission Press release Brussels, 27 September 2012 In September 2012, the Business Climate Indicator (BCI) for the euro area decreased by 0.16 points to 1.34. The decline was driven by a more negative assessment of production expectations, ...

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September 2012: Economic sentiment continues to decline in both the EU and the euro area

27/09/2012

European Commission Press release Brussels, 27 September 2012 In September the Economic Sentiment Indicator (ESI) decreased by 0.9 points in the EU, to 86.1, and by 1.1 points in the euro area, to 85.0....

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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 Rebuilding the Economic and Monetary Union Cent...

26/09/2012

European Commission Ladies and Gentlemen, I very much appreciate the opportunity to discuss the on-going economic and political transformation of the European Union with such a distinguished audience. I am glad to see that Europe and European affairs ...

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Statement of the Troika on the Greek review mission

21/09/2012

European Commission MEMO Brussels, 21 September 2012 The European Commission/European Central Bank/International Monetary Fund mission in Athens will take a brief pause from its discussions with the authorities on the programme review....

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September 2012: Flash Consumer Confidence Indicator

20/09/2012

European Commission Press release Brussels, 20 September 2012 In September 2012, the DG ECFIN flash estimate of the consumer confidence indicator declined in both the EU (to -23.9 from -22.7 in August 2012) and the euro area (to -25....

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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 Vice-President Rehn's remarks at the Eurogroup ...

14/09/2012

European Commission Thank you Jean-Claude and good afternoon to everybody. Let me start by saying this has been a very good week for Europe. The ruling of the Constitutional Court in Germany opens the way for the ESM to become operational shortly....

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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 Vice-President Rehn's remarks at Press Conferen...

14/09/2012

European Commission I would like to share with you a few brief observations on the European economy because I presented the current state of the European economy to the Ministers. The Commission will present its next fully-fledged forecast in early November, ...

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Commission proposes new ECB powers for banking supervision as part of a banking union

12/09/2012

European Commission Press release Brussels/Strasbourg, 12 September 2012 Today's proposals for a single supervisory mechanism (SSM) for banks in the euro area are an important step in strengthening the Economic and Monetary Union (EMU)....

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Statement by Vice President Rehn following the conclusion of the fifth review mission to Portugal

11/09/2012

European Commission MEMO Brussels, 11 September 2012 Portugal has today reached another important milestone on the road to a sustainable recovery in growth and employment. In a very challenging external environment, it has maintained its strong track ...

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

11/09/2012

European Commission MEMO Brussels, 11 September 2012 Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Lisbon during August 28-September 11 for the fifth quarterly review of Portugal’s ...

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Cernobbio, 8 September 2012 Speech by Herman VAN ROMPUY President of the European Council at the Ambrosetti Forum A TEST OF SOLIDARITY

11/09/2012

EUROPEAN COUNCIL THE PRESIDENT EN Cernobbio, 8 September 2012 EUCO 162/12 PRESSE 370 PR PCE 137 Speech by Herman VAN ROMPUY President of the European Council at the Ambrosetti Forum A TEST OF SOLIDARITY The wisdom of President Napolitano inspires me to ...

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Cernobbio, 8 September 2012 Press statement by Herman VAN ROMPUY President of the European Council after working luncheon with Italian Prime Minister Mario Monti

11/09/2012

EUROPEAN COUNCIL THE PRESIDENT EN Cernobbio, 8 September 2012 EUCO 163/12 PRESSE 371 PR PCE 138 Press statement by Herman VAN ROMPUY President of the European Council after working luncheon with Italian Prime Minister Mario Monti Prime Minister Monti ...

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Towards a banking union

10/09/2012

European Commission MEMO Brussels, 10 September 2012 At the European Council of 28/29 June, EU leaders agreed to deepen economic and monetary union as one of the remedies of the current crisis. At that meeting, the leaders discussed the report entitled ...

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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 Towards a genuine economic and monetary union E...

03/09/2012

European Commission Mme Chair, Honourable Members, Ladies and Gentlemen, I want to thank you for having initiated this discussion on the deepening of the Economic and Monetary Union, a project on which we have been jointly working on for the past two ...

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