Europe round-up: Francois Hollande calls for Eurozone government, and more

24 Jul 15

A round-up of recent public finance stories from Europe you might have missed.

Francois Hollande calls for Eurozone government  

French President Francois Hollande has called for the creation of a eurozone government and for people to renew their faith in the European project. (Sky News)

Greece faces recession warning as bailout talks set to open

Greece’s most influential think-tank warned of a sharp drop back into recession in a report that came hours after parliament approved a second package of reform measures aimed at securing a new bailout from international lenders. (Reuters)

Italy to list €4bn stake in post office on Milan stock exchange

Italy’s government will fire the starting gun on the flotation of its 153-year-old national post office in the first week of August, kicking off a widely anticipated €12bn privatisation programme. ( Financial Times)

EU takes on Asia, BRIC infrastructure banks

The European Commission launched a financial counter-strike against efforts outside the EU to fuel investment in infrastructure and critical networks. (Politico)

Eurozone borrowing rises to record as recovery remains weak

Debt in the eurozone has reached a record high despite an incipient economic recovery, underlining the challenges governments face in tackling the legacy of the sovereign debt crisis. ( Financial Times)

Spain’s jobless rate drops as government eyes elections

Statistics said Spain's unemployment rate dropped to 22.4%  in the second quarter, welcome news for the governing Popular Party as it prepares for upcoming general elections. (AP)

 

Did you enjoy this article?

Related articles

Have your say

CIPFA latest

Related jobs