After Brexit, EU plans ‘offer you cannot refuse’ to expand euro zone: Moscovici – Reuters
BRUSSELS The European Commission aims to make adopting the euro more attractive to European Union members currently outside the currency bloc, the economics commissioner said on Tuesday, in a bid to make the union more tight-knit after Britain's vote to leave.
The proposals will be unveiled next week in a blueprint on the future of the euro zone, which is part of a wider plan launched by the EU executive on how to revamp the union after Brexit and amid a surge of euroskeptic sentiment.
"We will try to make a framework that is attractive enough, that is like, as they say in the movies, an offer you cannot refuse," Pierre Moscovici told reporters seeking details on his proposals for "completing the Economic and Monetary Union by 2025".
European Union states except Britain and Denmark are obliged to adopt the euro but there is no deadline set for ditching their own currencies.
Moscovici underlined that states should move gradually toward adopting the euro as their currency but he said the Commission has no power and no will to force countries to adopt the euro by a certain date.
Public opinion in EU states outside the euro zone is often against joining the common currency area.
In Poland, 57 percent of interviewees were against the euro, according to a Eurobarometer poll published last December. Opposition was also strong in Britain, the Czech Republic, Sweden, Denmark and Bulgaria, while Hungarians, Croatians and Romanians were mostly favorable to the currency bloc.
Moscovici noted that Brexit meant the euro zone will dominate the EU economy providing a further incentive for countries to adopt the common currency.
(Reporting by Alastair Macdonald and Francesco Guarascio; Editing by Hugh Lawson)
WASHINGTON U.S. President Donald Trump asked lawmakers on Tuesday to cut $3.6 trillion in government spending over the next decade, taking aim at healthcare and food assistance programs for the poor in an austere budget that also boosts the military.
VIENNA OPEC and non-member oil producers could deepen output cuts or extend them for a year at a meeting in Vienna this week, Kuwait said on Wednesday, as they seek to clear a global stocks overhang and prop up the price of crude.
MILAN Any potential fines Fiat Chrysler (FCA) may need to pay to settle a U.S. civil lawsuit over diesel emissions will unlikely top $1 billion, analysts said, adding the case appeared less serious than at larger rival Volkswagen .
Continued here:
After Brexit, EU plans 'offer you cannot refuse' to expand euro zone: Moscovici - Reuters
- European Commission Approves BRINSUPRI (brensocatib) as the First and Only Treatment To Date Approved for Non-Cystic Fibrosis Bronchiectasis in the... - November 18th, 2025 [November 18th, 2025]
- President of Slovakia before ambassadors: Slovakia co-creates the rules of the game in the European Union - European Newsroom - November 18th, 2025 [November 18th, 2025]
- Secretary-General of ASEAN meets with the European Union Heads of Missions based in Jakarta - ASEAN Main Portal - November 18th, 2025 [November 18th, 2025]
- European Union Military Assistance Mission participates in the closing Ceremony of ISEDEF 2025 Courses - EEAS - November 18th, 2025 [November 18th, 2025]
- European Union and Vietnam: A joint path to poultry farming based on immunity and prevention - Laotian Times - November 18th, 2025 [November 18th, 2025]
- Implications of Free Trade between Mercosur and the European Union - PotatoPro - November 14th, 2025 [November 14th, 2025]
- However difficult to sell, the EU must get bigger - European Union Institute for Security Studies | - November 14th, 2025 [November 14th, 2025]
- European Union's Corrugated Paper Box Market Set for Growth to 30 Million Tons in Volume and $57 Billion in Value - IndexBox - November 14th, 2025 [November 14th, 2025]
- Red Cross and the European Union call for increased and local humanitarian investment in Latin America and the Caribbean in response to rising crises... - November 14th, 2025 [November 14th, 2025]
- RUBIO: "I don't think that the European Union gets to determine what international law is. They certainly don't get to determine is how the... - November 14th, 2025 [November 14th, 2025]
- Yes, there are political refugees from the European Union - Washington Times - November 7th, 2025 [November 7th, 2025]
- Kallas: The European Union will not allow a security vacuum in Bosnia and Herzegovina - European Newsroom - November 7th, 2025 [November 7th, 2025]
- The Presidency of Bosnia and Herzegovina Evaluated as Very Successful with the European Union Strategy for the Danube Region - European Newsroom - November 7th, 2025 [November 7th, 2025]
- Transforming Local Economic Opportunities: The European Union-funded ILO PROSPER Project Officially Launched in Southern Belize - EEAS - November 7th, 2025 [November 7th, 2025]
- The European Union supports strengthening cooperation between Bulgaria and the Republic of North Macedonia, said Valentina Superti from the EC -... - November 7th, 2025 [November 7th, 2025]
- The European Union is forging a new strategic alliance with Latin America - Peterson Institute for International Economics - November 7th, 2025 [November 7th, 2025]
- UNDP, DPPA and European Union Renew Partnership to Build National Capacities for Conflict Prevention - Unric - November 7th, 2025 [November 7th, 2025]
- Red Hat introduces confirmed sovereign support for European Union - telecomtv.com - November 7th, 2025 [November 7th, 2025]
- Private security firm says European Union vessel reaches ship raided by pirates off Somalia, all 24 crew on board safe - Yahoo - November 7th, 2025 [November 7th, 2025]
- Progress in Implementing the European Union Coordinated Plan on Artificial Intelligence (Volume 1) - OECD - November 7th, 2025 [November 7th, 2025]
- European Union restricts visas for Russian nationals over Ukraine war - The Hindu - November 7th, 2025 [November 7th, 2025]
- Jumptuit Awarded Trademarks in the European Union (EU) - PR Newswire - November 5th, 2025 [November 5th, 2025]
- Romania welcomes the publication of the Annual Package on the Enlargement of the European Union - European Newsroom - November 5th, 2025 [November 5th, 2025]
- US partners with unexpected ally in faceoff with European Union: 'Could jeopardize existing and future investments' - Yahoo - November 5th, 2025 [November 5th, 2025]
- Exclusive: Zelenskyy says 'Ukraine's future is in the European Union' - Yahoo News UK - November 5th, 2025 [November 5th, 2025]
- Kaja Kallas: Trkiye remains a key partner of the European Union - AnewZ - November 5th, 2025 [November 5th, 2025]
- European Union's SAN and ABS Copolymers Market to Reach 1.2M Tons and $2.6B by 2035 - IndexBox - November 5th, 2025 [November 5th, 2025]
- European Union tries to forge new climate targets before the COP30 summit in Brazil starts next week - The Daily Reporter - Greenfield Indiana - November 5th, 2025 [November 5th, 2025]
- Navigating the grey zone: Readiness, solidarity and resolve - European Union Institute for Security Studies | - October 30th, 2025 [October 30th, 2025]
- European Union's Metal Permanent Magnet Market Poised for Steady Growth with a 3.1% CAGR in Value - IndexBox - October 30th, 2025 [October 30th, 2025]
- European Union's Refined Rapeseed Oil Market Poised for Steady Growth With a 2.3% CAGR in Value - IndexBox - October 30th, 2025 [October 30th, 2025]
- European Union slaps a 1,600-crore fine on luxury brands Gucci, Loewe, and Chlo - Know why - ET BrandEquity - October 30th, 2025 [October 30th, 2025]
- 30th European Union Film Festival in Europe: A Global Cinematic Showcase Promoting European Art, Culture, and Tourism for Audiences Worldwide - Travel... - October 30th, 2025 [October 30th, 2025]
- European Union helps Ukrainian community of Vysoke open its first preschool - Agenparl - October 30th, 2025 [October 30th, 2025]
- European Union's Plastic Tubes and Pipes Market Set for Steady Growth with a 2.4% CAGR in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- Bulgaria, as a member of Schengen, will continue to contribute to the overall security of the European Union, said the Bulgarian interior minister -... - October 28th, 2025 [October 28th, 2025]
- European Union's Flexible Plastic Tubes and Hoses Market Set for Steady Growth with 3.3% CAGR in Value Through 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Bridge and Tower Market Set for Steady Growth with 2.8% CAGR in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Yoghurt and Fermented Milk Market Set to Reach 9.8M Tons and $21.2B by 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- Flags of China and the European Union together at some event or fair. Flags of the two countries as a symbol of cooperation between the two states.... - October 28th, 2025 [October 28th, 2025]
- European Union's Fruit and Berry Market Set for Steady Growth with 2.5% CAGR in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Frozen Fish and Seafood Market Poised for Steady Growth with a 3.2% CAGR in Value Through 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Lithium-Ion Battery Market Set for Growth to 944 Million Units and $32 Billion by 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Frozen Dried and Smoked Fish Market Set for Steady Growth With a 1.6% CAGR - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Paper and Paperboard Market Set to Reach 80 Million Tons and $96 Billion by 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Jewelry Market Forecast to Expand With a 1.6% CAGR Through 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Meat Market Set for Modest Growth to 30 Million Tons in Volume and $132 Billion in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union finally approves 19th package of sanctions against Russia: what it entails - - October 26th, 2025 [October 26th, 2025]
- European Union's Coated Arc-Welding Electrode Market to See Modest Growth With a +0.6% CAGR Through 2035 - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union considers banning ethanol used in hand sanitizers over cancerous fears: What this means - Times of India - October 26th, 2025 [October 26th, 2025]
- Jordanian Exports to the European Union Register Notable Growth - - October 26th, 2025 [October 26th, 2025]
- European Union's Dry Bean Market Set for Growth to 1.2 Million Tons in Volume and $1.3 Billion in Value - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union's Narrow Woven Fabric Market Poised for Steady Growth with a 2.3% CAGR in Value Through 2035 - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union among top three trade partners of Russia - Report.az - October 26th, 2025 [October 26th, 2025]
- European Union's Woven Carpet Market Set for Growth to $1.7B and 145M Square Meters by 2035 - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union Shatters Tourism Ties with Russia by Imposing Total Ban on Travel, Striking a Powerful Blow to Operators and Shaping New Travel... - October 24th, 2025 [October 24th, 2025]
- Kazakhstan and European Union continue to strengthen co-operation, marking the 10th anniversary of strategic partnership - EU Reporter - October 24th, 2025 [October 24th, 2025]
- "We have noted the recent restrictions announced by the European Union, United Kingdom and the United States on crude oil imports from Russia and... - October 24th, 2025 [October 24th, 2025]
- European Union to support Ukraine financially over next two years Zelensky - Ukrinform - October 24th, 2025 [October 24th, 2025]
- European Union agrees on new sanctions against Russia targeting its shadow oil fleet and LNG imports - Newsday - October 23rd, 2025 [October 23rd, 2025]
- Uzbekistan Deepens Partnership With European Union Turning Tourism Into A Powerful Engine For Economic Growth And Cross-Cultural Dialogue - Travel And... - October 23rd, 2025 [October 23rd, 2025]
- The European Union agrees on new sanctions against Russia targeting its shadow fleet and banning LNG imports - Yahoo - October 23rd, 2025 [October 23rd, 2025]
- The European Union agrees on new sanctions against Russia targeting its shadow fleet and banning LNG imports - Citizen Tribune - October 23rd, 2025 [October 23rd, 2025]
- European Union's Household Hand Tools Market Set to Reach 87K Tons and $1.1B by 2035 - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- 2025 UNODC and European Union Launch Regional Program to Strengthen Criminal Justice Responses to Terrorism in West Africas Coastal States - United... - October 23rd, 2025 [October 23rd, 2025]
- European Union's Rusks and Toasted Bread Market Set for Steady Growth with 2.7% CAGR in Value - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Plum and Sloe Market Forecast to Expand With a 0.7% CAGR Through 2035 - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Pneumatic Elevator Market Set to Reach 379K Units and $6.6B in Value - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Urea and Thiourea Resins Market Set for Modest Growth with 1.5% CAGR in Value - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Concrete-Mixer Lorry Market Forecast to Expand With a 0.6% CAGR in Value Terms - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union agrees on new sanctions against Russia targeting its shadow oil fleet and LNG imports - Times Colonist - October 23rd, 2025 [October 23rd, 2025]
- European Union to phase out Russian gas imports by end of 2027 - France 24 - October 21st, 2025 [October 21st, 2025]
- European Union's Wine Market Forecast to Expand at 0.7% CAGR Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Wood-Based Panels Market Set for Steady Growth With 1.1% CAGR Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Sugar Market Set for Growth to 17 Million Tons in Volume and $15.4 Billion in Value - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Brakes and Servo-Brakes Market Set to Reach 3.5M Tons and $21.7B by 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Wine Market Forecast to Expand at 0.6% CAGR Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Capacitor Market Poised for Steady Growth with 5.1% CAGR in Value - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Nitrogenous Fertilizer Market to Expand with 3.4% CAGR in Value Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Graphic Papers Market Forecast to Grow with a 2.5% CAGR in Value Terms - IndexBox - October 21st, 2025 [October 21st, 2025]