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  • Euro zone inflation sees sharp rise in July

    Annual inflation in the 16-member euro zone has increased from 1.4% in June to 1.7% last month – a 20-month high. On a monthly basis, prices fell 0.3% in July. According to the EU statistics agency Eurostat, inflation was driven by higher fuel costs. Meanwhile, across the 27 nations in the European...
    Posted to Finance on 08-16-2010
    Filed under: All Financial News, euro zone, Economy News, inflation, rise, growth, VAT, Eurostat, July, European Union, fuel costs, 20-month high
  • Greece makes ‘considerable progress’

    International Monetary Fund (IMF) and European Union (EU) auditors have today said Greece has made “considerable progress” in dealing with its public deficit. For many months now, Greece has been making big cuts to public spending. However, this has met with strong opposition from unions. Greece’s two...
    Posted to Finance on 08-05-2010
    Filed under: All Financial News, Economy News, Debt News, deficit, IMF, International Monetary Fund, loan, EU, strike, European Union, September, cuts, Greece, protests, instalment, audit, progress
  • Farewell to Brussels

    For better or worse, my time is up as Brussels bureau chief for the Financial Times, so this is my last post on this blog. My successor, Peter Spiegel, will arrive in September. I wish him, and all the readers and contributors to the Brussels Blog, the very best. Leaving Brussels after three years feels...
    Posted to Comment on 07-22-2010
    Filed under: European Union, eu, Financial Times
  • EU keeps economic targets firmly in its sights

    The European Union is nothing if not addicted to targets. Promises to achieve particular goals by specific dates are part and parcel of the EU’s daily business. Sometimes the objectives are met, sometimes they are not met, and sometimes it’s hard to tell either way. European monetary union...
    Posted to Comment on 06-16-2010
    Filed under: European Union, euro, European monetary union, 2020 strategy, Lisbon Agenda, Europe 2020, Economic governance, EU unemployment, EU labour market, EU Parliament
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