Valdis Dombrovskis

EU members may soon be forced into the euro

Even though Denmark has already voted against dropping the krone for the euro, the European Commission may coerce the country to adopt the European single currency, reports German newspaper Frankfurter Allgemeine Zeitung.

The notes leaked from last week's meeting in Strasbourg revealed the EU Commission wants all 27 members of the bloc to adopt the euro by 2025.

EU Launches Legal Action Against Hungary Over Education Law

The EU launched legal action against Hungary on Wednesday over a law that could shut a university founded by US billionaire George Soros, the European Commission said, AFP reported.

"We have decided to take legal action on the higher education law by sending a letter of formal notice to the Hungarian government," EU vice president Valdis Dombrovskis told a news conference.

Dombrovskis sees progress in talks with Greece

European Commission Vice-President Valdis Dombrovskis expressed optimism Friday that a meeting of euro area finance ministers in Malta will produce a breakthrough in Greece's months-long bailout talks with creditors.

Speaking ahead of the meeting, Dombrovskis said he expected good progress in talks with Greece that will enable the return of the institutions to Athens.

Dombrovskis: Greece, lenders risk euro zone instability if review talks drag on

Greece and its lenders should quickly approve a review of reforms the indebted country must take in return for unlocking new loans, a senior European Union official said on Sunday, warning of financial instability in the eurozone if the issue lingers.

Kyriakos Mitsotakis briefs EU officials on his program of reforms in Brussels (photos)

Kyriakos Mitsotakis, leader of Greece’s major opposition party New Democracy (ND) presented his plans for Greece to exit the current economic crisis during a series of contacts in Brussels with European officials on the sidelines of the EU Summit. Mr.

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