A round-up of recent public finance stories from the Europe you might have missed.
OPINION: The euro zone’s 0.7% October inflation reading convinced the European Central Bank to cut interest rates last week. It also spurred a lot of nervous talk that low inflation and slow growth mean Europe is entering a Japanese-style “lost decade”. (Wall Street Journal)
Report outlines path for greater EU Influence on IFRS
A special adviser appointed to review the European Union’s role in formulating international accounting standards was scheduled to make recommendations this week on how the EU can boost its influence in the standards setting process. (Compliance Week)
Ireland to exit Europe's emergency room
Three years after turning to the European Union and International Monetary Fund for €85bn in aid, Ireland is poised to become the first bailed-out euro zone country to make a full return to financial markets. (CNN Money)
Eurosceptics in Finland drop exit talk as debt crisis eases
The political group that tripled its support in Finland’s latest election on an anti-euro platform says the northernmost member of the currency bloc can’t exit monetary union on its own. (Bloomberg)
EU withdraws report that criticised Spanish budget data
Eurostat, the European Union’s statistics agency, withdrew a report criticising Spain’s processes for reporting budget data after consultations with the country’s government. (Bloomberg)
