Jean-Claude Juncker

Juncker says German deal 'significant, positive' for EU future

Sofia - Muslimchronicle

European Commission chief Jean-Claude Juncker on Friday hailed as "positive" plans for Europe in a deal that brings German Chancellor Angela Merkel a step closer to forming a coalition government. "I am very satisfied with the content," Juncker told a press conference in Bulgaria, describing the deal's section on the future of the EU as a "very significant, positive, constructive,Read more

Bulgaria pushes to enter euro 'waiting room'

Sofia - Muslimchronicle

Bulgaria, the EU's poorest member state, on Thursday said it wants to enter the "waiting room" to join the euro as it marked the start of the bloc's presidency. European Commission chief Jean-Claude Juncker has called for the eurozone to expand beyond its current 19 members. But any country that, like Bulgaria, wants to gain access to the single currency clubRead more

Juncker seeks bigger EU budget after BrexitGMT 06:49 2018 Tuesday

Brussels - Muslimchronicle

European Commission chief Jean-Claude Juncker called Monday for nations to pay more into the EU budget after 2020 to fill a Brexit void and meet growing needs on defence, migration and climate change. Brussels proposed increasing contributions from one percent of GDP (gross domestic product) in the 2014-2020 budget to 1.1 percent of GDP in the next multi-year budget following Britain'sRead more

EU compromise on migrants 'very hard'

Brussels - Muslimchronicle

European leaders will find it "very hard" to reach a compromise in talks on a new policy for admitting refugees by a June deadline, EU President Donald Tusk said at a summit Friday. Tusk and European Commission chief Jean-Claude Juncker nonetheless tried to defuse a row that had even divided them when they opened talks with the bloc's 28 leaders on Thursday. "Mandatory quotasRead more

Brexit breakthrough boosts European stock markets, pound

london - Muslimchronicle

U.S. stocks rose on Friday, with both the Dow and the S&P 500 ending at records after the November jobs report came in much stronger than expected, underlining the economy’s strong fundamentals. Both the Dow and the S&P also closed out their third straight weekly advance, though the Nasdaq ended in slightly lower on the week. What are indexes doing?Read more

Brexit deal guarantees 'no hard border' in Ireland: May

Brussels - Muslimchronicle

A deal on Brexit divorce terms guarantees there will be "no hard border" between EU member Ireland and British-ruled Northern Ireland, Prime Minister Theresa May said Friday. "In Northern Ireland we will guarantee there will be no hard border," May told a press conference with European Commission chief Jean-Claude Juncker after the two sides reached agreement during talks in Brussels.Read more

May, Juncker 'likely' to hold Brexit talks at 0600 GMT: EU

Brussels - Muslimchronicle

British Prime Minister Theresa May is set for a possible meeting with European Commission chief Jean-Claude Juncker in Brussels early on Friday in a bid to seal a Brexit divorce deal, the EU said. EU Commission spokeswoman Mina Andreeva said on Twitter that they were "likely to meet this morning at 7:00 AM (0600 GMT)" with a probable press conferenceRead more

Brussels defends eurozone overhaul despite divided EU

Brussels - Muslimchronicle

The European Commission unveiled its vision of a rebooted eurozone on Wednesday, including the creation of a European version of the IMF, but stepped back from its more ambitious ideas amid misgivings from powerful Germany. The ideas to be implemented by 2019 follow the heavily trailed state of the union speech by European Commission head Jean-Claude Juncker in September andRead more

Portugal's Centeno is new eurozone 'Ronaldo'

Brussels - Muslimchronicle

Portuguese Finance Minister Mario Centeno was elected as the new head of the Eurogroup on Monday, with the key job of pushing through much-needed reforms across the single currency bloc. The little-known economist and former central banker will replace outgoing Eurogroup chief Jeroen Dijsselbloem in January, and beat out his counterparts from Luxembourg, Slovakia and Latvia to win one ofRead more