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3 weeks ago | 
wiadomosci.onet.pl | Johanna Treeck |Ben Munster
Komisja Europejska i Europejski Bank Centralny zatwierdziły decyzję, dzięki której Bułgaria stanie się 21. członkiem strefy euro, uznając jej sukces w spełnieniu wymaganych kryteriów gospodarczych, mimo utrzymujących się obaw dotyczących takich kwestii, jak pranie brudnych pieniędzy i korupcja na wysokim szczeblu politycznym. "Gospodarcza gwiazda UE" zrobiła krok w tył.
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3 weeks ago | 
politico.eu | Johanna Treeck |Ben Munster
BRUSSELS — Bulgaria will officially adopt the euro as its currency at the start of next year, cementing its place in the heart of the EU at a time of ongoing upheaval on Europe’s eastern flank. The European Commission and the European Central Bank have both approved a move that will make Bulgaria the 21st member of the eurozone, recognizing its success in meeting the required economic criteria even as concerns linger over issues such as money laundering and high-level political corruption.
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2 months ago | 
subscriber.politicopro.com | Carlo Martuscelli |Johanna Treeck
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Mar 6, 2025 | 
politico.eu | Nette Nöstlinger |Johanna Treeck |Chris Lunday
BERLIN — Chancellor-in-waiting Friedrich Merz is promising a constitutional revolution to allow Germany to become Europe’s unlikely big spender — on arms and infrastructure — to contend with a new world order in which America is no longer a dependable ally.
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Feb 16, 2025 | 
politico.eu | Johanna Treeck |Carlo Martuscelli
For most of the last 20 years, the labor market reforms of ex-Chancellor Gerhard Schröder have ensured near-full employment in Germany. But the model is creaking ever more loudly, due to a broad-based industrial crisis and a widening skills gap. It’s just a matter of months until the number of unemployed people in Germany hits 3 million for the first time in a decade, as companies either go bankrupt or give up waiting for a turnaround that just refuses to arrive.
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Dec 18, 2024 | 
politico.eu | Carlo Giovanni Boffa |Johanna Treeck
POLITICO spoke to five people and reviewed dozens of documents relating to two contentious hiring processes, both of which took place earlier this year: one for an adviser position in the directorate general of market operations and the other involving multiple supervisory roles in the directorate overseeing on-site inspections of banks. Staff representatives accuse management of twisting selection criteria after the process had been completed, to favor preferred candidates.
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Dec 15, 2024 | 
politico.eu | Johanna Treeck |Ben Munster
Only, some in the boat are baling and paddling more vigorously than others. As Bank of France Governor François Villeroy de Galhau told a radio interviewer recently, France is alone in not having made the reforms that many of its neighbors (“even the Italians!”) have made since the last crisis.
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Dec 12, 2024 | 
politico.eu | Johanna Treeck
The ECB also refrained from offering new guidance on the expected speed and scope of interest rate cuts next year, repeating that it will stick to a “data-dependent and meeting-by-meeting approach.” However, it removed a sentence from its “Most measures of underlying inflation suggest that inflation will settle at around the Governing Council’s 2 percent medium-term target on a sustained basis,” the ECB said.
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Dec 10, 2024 | 
politico.eu | Carlo Giovanni Boffa |Johanna Treeck
FRANKFURT — The European Central Bank is gearing up for another interest rate cut on Thursday and may also take a stronger line on signaling future rate cuts, at a time when political chaos in Europe’s two biggest economies is overshadowing an already grim economic outlook. The ECB is expected to cut its key deposit facility rate by a quarter point for a fourth time this year, bringing it down to 3 percent.
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Dec 2, 2024 | 
politico.eu | Johanna Treeck
The political turmoil in France has drawn speculation that Europe might be about to return to the bad old days of sovereign debt crises. Even the European Central Bank itself has admitted the possibility. The ECB has added to its armory since the markets last challenged its will to keep the eurozone together. But will it activate its newest crisis tool — the untested “Transmission Protection Instrument,” or TPI — to keep French borrowing costs down?
