Europe round-up: Spain moving ahead with financial sector reforms, and more

20 Feb 14
A round-up of recent public finance stories from Europe you might have missed.

A round-up of recent public finance stories from Europe you might have missed.

Spain moving ahead with financial sector reforms

A new report released by the IMF says Spain’s efforts to reform its financial sector have substantially reduced the likelihood of threats spreading from banks to the rest of the economy. (IMF magazine)

Swedish government to raise taxes, woo voters with more spending on schools

Sweden's centre-Right government will raise taxes on private pension savings and cut student grants to boost public finances and free up spending for services such as schools ahead of September's election. (Swissinfo.ch)

Eurozone recovery accelerates but jobs elusive

Europe's economy is growing faster, raising hopes for a sustainable recovery, but that may not be enough to bring sky-high levels of unemployment down anytime soon. (Associated Press via Yahoo.com)

German finance chief says Europe not over-represented at G20

German finance minister Wolfgang Schaeuble has defended Europe’s strong presence at the G20, arguing that it is not over-represented despite accounting for barely 20% of the global economy. (RTE News)

Portugal counts days to end of bailout programme

The Portuguese are less than three months away from their big day — May 17 — when they expect to get financial sovereignty back after three years of being told what to do by foreign bailout creditors. (Boston.com)


 

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