The former head of the ESM euro bailout fund, Klaus Regling, will receive the Federal Cross of Merit for his decades of work on the European Economic and Monetary Union. According to information obtained by Table.Media, German Finance Minister Christian Lindner (FDP) plans to award the “Euro Savior,” as Regling was fondly called by the […]
The EU Commission could present its proposals for reforming European debt rules later than previously planned. It was said in Commission circles on Tuesday that the background to this is the profound differences among the member states. The goal, however, is to present the legislative proposals before the summer.In November, the Commission presented its ideas […]
The European Court of Auditors (ECA) is taking a close look at the implementation of the multi-billion NextGenerationEU (NGEU) reconstruction and resilience program and is not ruling out improvements to the legal framework. The German member of the ECA, Klaus-Heiner Lehne, said Table.Media that the Court of Auditors will present a report on the review […]
The EU finance ministers will meet on Tuesday for the first political consultations on the realignment of the EU fiscal framework. In the run-up to the debate, diplomats were very cautious about the outcome of the meeting. There are still differing attitudes among the member states, even on central elements of the reform. This also […]
It is official now: Frenchwoman Stéphanie Riso is moving from the cabinet of Commission President Ursula von der Leyen to head the Directorate-General for Budget in the EU agency. As the EU Commission stated in a press release, the deputy Head of Cabinet and von der Leyen confidante will start her new job on Feb. […]
The call from Berlin reached EU Director General Carsten Pillath a few days before his retirement. On the other end of the line, Christian Lindner: “On behalf of the Federal Republic of Germany, I would like to make you an offer. I would like you to become my state secretary.”Pillath, who is now 66 years […]
The European Commission is realigning its capital market presence from the start of next year. “We will switch to a uniform funding strategy in 2023: In the future, there will no longer be bonds separated by individual programs, but only EU bonds,” Siegfried Ruhl, Hors Classe Adviser for the Brussels authority’s capital markets department, told […]
The finance ministers of the 19 euro countries want to give the green light for a final package of measures to relieve Greece’s debt at the next meeting of the Eurogroup on Dec. 5. According to a high-ranking EU official, this underlines the appreciation and respect of the euro partners regarding the reforms carried out […]
Former Luxembourg Finance Minister Pierre Gramegna will be the new head of the European Stability Mechanism (ESM). The board of directors appointed Gramegna, who was the preferred candidate of German Finance Minister Christian Lindner (FDP), as Managing Director of the euro rescue fund in a special meeting on Friday with broad consensus. This was announced […]
Former Luxembourg Finance Minister Pierre Gramegna is back in the race for the post of Managing Director of the European Stability Mechanism (ESM). According to information from Europe.Table after France, Italy has also given up its opposition to the Luxembourger. The reasoning was that the uncertain international situation requires a level-headed and experienced financial politician […]