It is a sign that the European economy is no longer in crisis-territory that tax cuts rather than bailouts dominated Monday’s (7 July) meeting of eurozone finance ministers.
Ministers at the monthly Eurogroup meeting agreed to sign off the next €1 billion tranche of Greece’s bailout programme almost as an afterthought. Instead, the main item of discussion focused on how they can cut business costs and increase the pay-packet of the average European.
In its annual set of economic r...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.