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7 Nov 24
Sweden’s success in boosting productivity while cutting public debt could serve as a template for other European nations, according to a leading economist.
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7 Nov 24
Auditors have issued a warning over “high levels of irregular spending” in the EU budget, with the rate of error rising to over 5%.
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4 Oct 24
A €5bn fund aimed at curbing migration from Africa to Europe has been criticised by auditors for lacking focus, exaggerating achievements and failing to address risks to human rights.
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23 Jul 24
An in-principle agreement between Ukraine and many of its creditors will see the nominal value of its debt decrease and the maturity extended, and help the government continue to fund its defence in...
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16 Jul 24
A policy area covering more than €400bn of European Union spending is affected by too many errors, and governments at the national and union levels need to step up their efforts to stop them, the...
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9 Jul 24
Eurozone countries have been urged to show greater fiscal restraint in an effort to shrink budget deficits across the bloc.
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9 Jul 24
The European Commission has launched a finance hub to try to attract €650bn to help 112 cities reach net zero by 2030.
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27 Jun 24
Bloc ‘determined’ to reduce sources of revenue but governance for members now critical
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25 Jun 24
Taxation and corruption reform part of negotiations
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19 Jun 24
Snap election could spook investors and hit growth
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10 Jun 24
Focus shifts to delivering budget post elections
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14 May 24
Regular payments to Ukraine can now begin to flow from the European Union, with most money set to shore up the government’s budget as the country tries to recover from the Russian invasion.
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7 May 24
Billions of euros of irregular spending are taking too much time for the European Union to claw back, the bloc’s auditors have said.
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30 Apr 24
Brexit boosted revenue but focus now on e-commerce taxation
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20 Mar 24
Finland respectfully celebrates seventh Happiest Country win, UN urges income to be lower policy priority
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12 Mar 24
Finance ministers have agreed that cutting deficits in the euro area should remain the priority amid a sluggish global economy, as they set out their priorities for next year’s budgets.
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11 Mar 24
Negotiations and more elections likely after repeat of Spanish polls
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6 Mar 24
Targeting welfare payments to the most vulnerable and providing more funding for schools in deprived areas will reduce poverty and inequality across Hungary, the OECD has said.
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27 Feb 24
Low debt and a resilient economy have contributed to Sweden keeping its AAA credit rating from Moody’s, despite 2024 being tipped to see GDP decline for a second consecutive year.
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23 Feb 24
Ukraine’s strong performance on economic reforms despite the ongoing war has prompted the International Monetary to move towards releasing $880m of concessional support.
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15 Feb 24
The reconstruction and recovery of Ukraine is expected to cost close to $500bn, experts have warned – much higher than an initial estimate made last year.
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2 Feb 24
Finance ministers agreed to the first ever revision of the European Union’s long-term budget to provide €50bn of support to Ukraine.
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30 Jan 24
Billions of euros of research and innovation funding in the 2010s were a “significant driver” of economic growth across Europe, with tangible benefits for future productivity, the European Commission...
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26 Jan 24
Rising inflation has prompted the Turkish central bank to raise interest rates to 45% as the country continues to reverse its controversial loose monetary policy approach.
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25 Jan 24
Pressures from rising pension commitments and higher interest costs could threaten Italy’s public finances if it does not reduce spending or raise taxes, the OECD has warned.