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5 May 22
The European Commission has proposed a complete ban on importing Russian oil in response to the continuing war in Ukraine, but face warnings it could harm the European economy more than Russia’s.
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6 Apr 22
The European Commission has begun the formal process of keeping money from Hungary over “corruption” issues, announcing the move two days after the reelection of prime minister Viktor Orban.
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11 Mar 22
The European Union has vowed to end its reliance on Russian fossil fuels in response to the ongoing invasion of Ukraine and is planning new measures to help governments support their economies amid...
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2 Mar 22
A Court of Justice Decision to allow the European Union to withhold money from countries that fail to meet democratic standards has been named as a threat to Hungary and Poland.
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17 Feb 22
A Polish and Hungarian legal challenge against the European Union has failed, allowing the bloc to withhold billions of euros of funding if member countries fail to meet democratic standards.
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10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
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7 Feb 22
Poland has started to row back on some of its actions that have angered the European Commission and held up billions of euros of Covid-19 recovery funds.
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13 Dec 21
Poland’s justice minister has said the government could halt contributions to the European Union budget if officials in Brussels cut funding for Warsaw amid a battle over the rule of law.
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10 Dec 21
European Union countries must be able to invest in ‘greening’ their economies under new fiscal rules, the head of the International Monetary Fund has said.
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1 Dec 21
The European Union hopes to mobilise €300bn of infrastructure investment around the world, rivalling China’s massive Belt and Road initiative whose momentum has slowed.
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24 Nov 21
The European Commission’s estimates of irregularities in EU cohesion policy spending represent only “a minimum level” of error and cannot be considered final figures, the bloc’s fiscal watchdog has...
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12 Nov 21
The European Union has been told it should come up with “genuine reform” for its fiscal rules ahead of their reintroduction in 2023 following the Covid-19 economic crisis.
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10 Nov 21
Poland could withhold its financial contributions to the European Union if the bloc does not back down over a rule-of-law dispute delaying EU Covid-19 recovery funding from Brussels to Warsaw, a...
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29 Oct 21
The European Union should relax its debt expectations for member states to allow them to support the economic recovery from Covid-19, economists from the bloc’s bailout fund have said.
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22 Oct 21
Poland risks missing out on funding from the European Union after a court ruled national law takes precedence over those made in Brussels.
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18 Oct 21
The European Union’s budget rules on debt levels for member states are "nonsensical" and need to be updated, the head of the EU’s bailout fund has said, ahead of new reform efforts.
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24 Sep 21
A Polish regional government scrapped an anti-LGBT resolution, becoming the first such authority in the country to do so amid rising tensions between Poland and the European Union that could see...
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16 Sep 21
The EU’s oversight of the five countries it gave financial support to in the wake of the 2008 global financial crisis “needs streamlining” according to the bloc’s fiscal watchdog.
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13 Sep 21
Eight European finance ministers are preparing to push back against efforts to loosen the EU’s attitude to debt and deficits, stressing the importance of “sound public finances”.
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8 Sep 21
Poland faces the prospect of daily fines as European Union leaders step up their efforts against a controversial process to discipline judges.
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30 Jul 21
European Union fiscal rules need to allow for stronger public investment to drive growth in the coming years, the European Commission’s economics leader has said.
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16 Jul 21
Plans for a 'green tariff' on carbon-intensive goods entering the European Union risk leaving developing countries at a disadvantage, a report has warned.
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13 Jul 21
The European Commission has put plans for an online sales tax on hold following the G20’s endorsement of a global corporation tax deal and pressure from the US.
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6 Jul 21
France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
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20 May 21
The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.