The European Council has just finished the longest meeting that it has had since the Nice, France gathering in 2000 and agreed upon a €750 billion recovery package. The package consists of grants and loans to counter the economic impact...
In a desperate attempt to mitigate the economic effects that the coronavirus has had on the EU’s economy, the European Central Bank’s (ECB) President Christine Lagarde announced on Thursday that the central bank will increase its Pandemic Emergency Purchase Program...
The EU’s economic woes are set to continue, with Euronews confirming that both Italy and France entered a recession in the first three months of this year while Spain’s GDP fell sharply. The Worst GDP Numbers in a Decade France...
The Financial Times said that under Christine Lagarde’s leadership, the European Central Bank (ECB) is the only EU institution that can ‘save the eurozone’ in the midst of the economic impact that the coronavirus is having on Europe’s economy. This...
As the coronavirus continues to impact upon the global economy, the President of the European Central Bank (ECB) Christine Lagarde has launched an emergency €750 billion package to ease the impact of the pandemic. It will buy government and company...
Concerns about an economic crisis affecting the eurozone have reignited after it hit a seven-year low on Friday, which will have an impact on the EU. Germany’s economy stagnated while both France and Italy contracted in the last quarter. The...
In 2011, the eurozone survived a crisis that threatened its existence. Portugal, Ireland and Greece were provided with rescue packages and the President of the European Central Bank (ECB), Mario Draghi, was praised as a hero. In 2012, he said...
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