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Moving the TEF forward: Reactions to the Expert Group Report
Despite some disappointment over the (mandated) inconclusiveness of the Report, it could mark a big step towards the issuing of eurobills. However, before Treaty change might happen in the "medium term", as advocated by Germany and others, an ESM-style intergovernmental agreement would be required.
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EIM Political - March 2014
With the European Parliament elections around the corner, the composition of the next European Parliament, the new Commission President and future shape of Europe are widely debated.
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EIM Financial - March 2014
EP negotiators reached a deal with their Member State counterparts on the SRM to deal with failing banks, ensuring that the system cannot become a hostage to political power games, and can deliver swift and credible decisions.
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EIM Economic - March 2014
In a number of key areas, the implementation of Council recommendations are positively progressing and impacting on public deficits, competitiveness and economic imbalances. Some Member States need to step up fiscal consolidation if their deficit targets are to be reached.
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EIM Member States – Budgets and Economics: March 2014
The GCC's final ruling states that both the ESM and fiscal compact are constitutional. Concern about Italy and Spain (and partly Greece)'s ability to respond to adjustment process.
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