Tag #Eurogroup

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kathimerini.gr

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Sep 20, 01:18

Eurozone Finance Ministers Agree on Key Steps for Digital Euro

Eurozone finance ministers reached a key agreement on the creation of a digital euro, aiming to counter the rise of US stablecoins, with a broader agreement potentially reached by 2025, although the European Parliament remains hesitant.

Eurozone Finance Ministers Agree on Key Steps for Digital Euro

Eurozone finance ministers reached a key agreement on the creation of a digital euro, aiming to counter the rise of US stablecoins, with a broader agreement potentially reached by 2025, although the European Parliament remains hesitant.

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What immediate impact does this Eurozone agreement on the digital euro have?

The agreement establishes a framework for the digital euro, including limits on holdings. This signifies progress toward countering the influence of US-based stablecoins and reducing reliance on American payment companies like Visa and PayPal. A full agreement among member states could be reached by 2025.

elmundo.es

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Jul 8, 01:17

Spain Suffers Triple Setback in Brussels, EU Recovery Funds Reduced

The Spanish government suffered three major setbacks in Brussels on Monday: The EU warned against intervention in a bank merger, Spain failed to secure the Eurogroup presidency despite claiming "numerous supports", and the fifth EU recovery fund payment was reduced by €1.1 billion due to unmet fisca...

Spain Suffers Triple Setback in Brussels, EU Recovery Funds Reduced

The Spanish government suffered three major setbacks in Brussels on Monday: The EU warned against intervention in a bank merger, Spain failed to secure the Eurogroup presidency despite claiming "numerous supports", and the fifth EU recovery fund payment was reduced by €1.1 billion due to unmet fisca...

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What systemic issues within the Spanish government contributed to these failures?

These events reveal broader issues of Spain's international standing and its ability to meet EU commitments. The failed Eurogroup bid underscores Spain's weakened influence within the EU, while the reduced recovery funds highlight shortcomings in policy implementation and fiscal targets. The combined impact severely undermines Spain's credibility in Brussels.",

elpais.com

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Jul 7, 07:13

Spanish Minister Challenges for Eurogroup Presidency Amidst Steep Odds

Spain's Economy Minister, Carlos Cuerpo, is challenging the incumbent, Pascal Donohoe, for the Eurogroup presidency, despite facing significant political and structural obstacles, including Spain's size and the current government's fragility; a third candidate from Lithuania is also competing.

Spanish Minister Challenges for Eurogroup Presidency Amidst Steep Odds

Spain's Economy Minister, Carlos Cuerpo, is challenging the incumbent, Pascal Donohoe, for the Eurogroup presidency, despite facing significant political and structural obstacles, including Spain's size and the current government's fragility; a third candidate from Lithuania is also competing.

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What are the immediate implications of Carlos Cuerpo's unexpected candidacy for the Eurogroup presidency?

Carlos Cuerpo, Spain's Economy Minister, is vying for the Eurogroup presidency, a position previously sought unsuccessfully by his predecessors. His candidacy has surprised many European sources, given the strong favoritism towards the incumbent, Pascal Donohoe. A third candidate, Rimantas Sadzius from Lithuania, also competes.",

fr.euronews.com

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Jul 6, 19:13

Three Candidates Vie for Eurogroup Presidency

Three candidates—Paschal Donohoe (Ireland), Carlos Cuerpo (Spain), and Rimantas Šadžius (Lithuania)—are competing for the Eurogroup presidency on Monday; the winner will lead the group for the next two and a half years and will need at least 11 out of 20 votes to win.

Three Candidates Vie for Eurogroup Presidency

Three candidates—Paschal Donohoe (Ireland), Carlos Cuerpo (Spain), and Rimantas Šadžius (Lithuania)—are competing for the Eurogroup presidency on Monday; the winner will lead the group for the next two and a half years and will need at least 11 out of 20 votes to win.

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Who will win the Eurogroup presidency and what immediate implications will their victory have on eurozone economic policy?

Ireland, Lithuania, and Spain are vying for the Eurogroup presidency, a key role in coordinating eurozone economic policy. Paschal Donohoe of Ireland currently holds the position, but faces challenges from Carlos Cuerpo of Spain and Rimantas Šadžius of Lithuania. The vote will be held on Monday, requiring 11 out of 20 votes to win.

elpais.com

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Jun 17, 13:17

Five Eurozone Powers Demand Major Eurogroup Reforms

Five major Eurozone nations—France, Germany, Italy, Netherlands, and Spain—demand significant Eurogroup reforms from its next president, focusing on improved efficiency, clearer division of labor with Ecofin, faster implementation of the savings and investment union, banking union, and the euro digi...

Five Eurozone Powers Demand Major Eurogroup Reforms

Five major Eurozone nations—France, Germany, Italy, Netherlands, and Spain—demand significant Eurogroup reforms from its next president, focusing on improved efficiency, clearer division of labor with Ecofin, faster implementation of the savings and investment union, banking union, and the euro digi...

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How do the demands for changes in the Eurogroup's working methods and agenda reflect the evolution of economic crises and the Eurogroup's role within the EU?

The five countries' demands focus on improved work methods, including better preparatory materials for ministers and a clearer division of labor between the Eurogroup and Ecofin. They also seek to accelerate the savings and investment union, advance stalled projects like the banking union, and expedite the euro digital project to enhance autonomy from US-dominated payment systems. This reflects a need for more decisive leadership and efficient decision-making within the Eurogroup.

elmundo.es

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May 13, 07:09

Cuerpo Weighs Eurogroup Presidency Bid Amidst Spain's Economic Strength and Political Headwinds

Spain's Economy Minister, Carlos Cuerpo, is considering running for the Eurogroup presidency, leveraging Spain's strong economic growth and improved relations with other ministers. However, the rise of conservative governments and potential competition from a fellow socialist candidate pose signific...

Cuerpo Weighs Eurogroup Presidency Bid Amidst Spain's Economic Strength and Political Headwinds

Spain's Economy Minister, Carlos Cuerpo, is considering running for the Eurogroup presidency, leveraging Spain's strong economic growth and improved relations with other ministers. However, the rise of conservative governments and potential competition from a fellow socialist candidate pose signific...

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How does Spain's economic performance compared to other Eurozone countries affect Cuerpo's chances?

Cuerpo's candidacy benefits from Spain's economic strength and his improved relations within the Eurogroup. However, the decline of socialist parties in Europe, coupled with the potential candidacy of Rimantas Sadzius from Lithuania, poses a challenge as it could split the socialist vote and favor a conservative candidate like the incumbent.",

elmundo.es

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Jul 13, 04:09

Donohoe Wins Eurogroup Presidency Amidst Political Maneuvering

Paschal Donohoe won reelection as Eurogroup president on Monday, securing 13 votes out of 20 against rivals Carlos Cuerpo and Rimantas Sadzius who lacked sufficient support, highlighting the strategic maneuvering and political implications within the EU.

Donohoe Wins Eurogroup Presidency Amidst Political Maneuvering

Paschal Donohoe won reelection as Eurogroup president on Monday, securing 13 votes out of 20 against rivals Carlos Cuerpo and Rimantas Sadzius who lacked sufficient support, highlighting the strategic maneuvering and political implications within the EU.

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Peace, Justice, and Strong Institutions

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How did political strategies and alliances among member states influence the election result?

Donohoe's victory highlights the strategic maneuvering within the Eurogroup. Cuerpo's candidacy, backed by Pedro Sánchez, was perceived as a political move to project stability amid Spanish corruption scandals, ultimately proving unsuccessful. The lack of Iberian unity, a departure from past practice, further contributed to Cuerpo's defeat.

euronews.com

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Jul 7, 13:14

Three Contenders Vie for Eurogroup Presidency"

On Monday, Ireland's Paschal Donohoe faces challenges from Spain's Carlos Cuerpo and Lithuania's Rimantas Šadžius for the Eurogroup presidency, a role crucial for coordinating eurozone economic policy; the winner needs 11 of 20 votes.

Three Contenders Vie for Eurogroup Presidency"

On Monday, Ireland's Paschal Donohoe faces challenges from Spain's Carlos Cuerpo and Lithuania's Rimantas Šadžius for the Eurogroup presidency, a role crucial for coordinating eurozone economic policy; the winner needs 11 of 20 votes.

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Who will win the Eurogroup presidency, and what immediate implications will their victory have on the eurozone's economic policy?

Ireland, Lithuania, and Spain are competing for the Eurogroup presidency. The winner, decided by secret ballot, needs 11 of 20 votes. Current president Paschal Donohoe seeks re-election.

politico.eu

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Jul 7, 19:15

Donohoe Wins Third Term as Eurogroup President Unopposed

Irish Finance Minister Paschal Donohoe won a third term as Eurogroup president unopposed after Spanish and Lithuanian candidates withdrew their bids due to lack of support, prioritizing Eurogroup unity over further competition.

Donohoe Wins Third Term as Eurogroup President Unopposed

Irish Finance Minister Paschal Donohoe won a third term as Eurogroup president unopposed after Spanish and Lithuanian candidates withdrew their bids due to lack of support, prioritizing Eurogroup unity over further competition.

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Why did the rival candidates withdraw their bids, and what does this reveal about the dynamics within the Eurogroup?

Cuerpo and Šadžius, while advocating for a more proactive Eurogroup, lacked the necessary 11 votes for victory. Their withdrawal prioritized unity within the Eurogroup, preventing potential fragmentation. Donohoe's re-election, despite calls for a more dynamic approach, reflects the current balance of power among eurozone finance ministers.

elpais.com

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Jun 20, 19:16

Donohoe Seeks Reelection as Eurogroup President Amidst Potential Spanish Challenge

The race for the Eurogroup presidency is underway, with incumbent Paschal Donohoe receiving EPP support and Spain's Carlos Cuerpo considering a challenge, creating a potential two-candidate race with the election set for July 7th.

Donohoe Seeks Reelection as Eurogroup President Amidst Potential Spanish Challenge

The race for the Eurogroup presidency is underway, with incumbent Paschal Donohoe receiving EPP support and Spain's Carlos Cuerpo considering a challenge, creating a potential two-candidate race with the election set for July 7th.

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How does the previous performance of the current Eurogroup president, Paschal Donohoe, impact the upcoming election?

Donohoe's five-year tenure has been met with mixed reactions, with some dissatisfaction expressed by larger Eurozone economies regarding his progress on issues like banking union. A recent document from five major Eurozone countries outlined needed improvements, indirectly criticizing Donohoe's performance. Despite this, Donohoe's recent endorsement from the EPP could give him a substantial advantage.

it.euronews.com

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May 15, 22:13

EU Faces Uncertainty Amidst Renegotiation of Post-WWII Global Order

Ireland's finance minister and Eurogroup president Paschal Donohoe warns that the post-World War II global order, established under US leadership, is being challenged, requiring Europe to strengthen its military resources while managing existing financial commitments and upcoming budget negotiations...

EU Faces Uncertainty Amidst Renegotiation of Post-WWII Global Order

Ireland's finance minister and Eurogroup president Paschal Donohoe warns that the post-World War II global order, established under US leadership, is being challenged, requiring Europe to strengthen its military resources while managing existing financial commitments and upcoming budget negotiations...

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Peace, Justice, and Strong Institutions

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How is the renegotiation of post-WWII global rules impacting European defense and the EU budget?

The post-WWII global order, established under US leadership, is being renegotiated, impacting European defense and the EU budget. This challenges established trade and fiscal rules, creating uncertainty for the EU's future. Ireland's finance minister, Paschal Donohoe, highlights this, echoing concerns from Macron and Draghi about Europe's vulnerability.

Showing 1 to 11 of 11 results