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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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14 Sep 21
Transparency rules, digitalisation and a code of conduct for officials sit at the heart of measures to strengthen government procurement processes, writes Ljupco Nikolovski, deputy prime minister of...
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14 Sep 21
High-spending European governments managed the Covid-19 shock “very well”, despite suffering the worst recession in the EU era, the head of the OECD has said.
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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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10 Sep 21
The European Central Bank has said it will begin to reduce its emergency Covid-19 asset purchasing in the coming months, as the region recovers from the pandemic.
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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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6 Sep 21
Greek officials have called for each European Union country to be given tailor-made debt targets, calling the current blanket fiscal rules “practically inapplicable”.
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2 Sep 21
Elevated asset purchasing by the European Central Bank will continue until 2025, long after its Covid-19 facility shuts, according to ratings agency Fitch.
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31 Aug 21
Austria’s finance minister has urged his European Union counterparts to reduce their high levels of spending as the economic rebound from Covid-19 continues.
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26 Aug 21
A group of experts in Finland has begun discussing the introduction of a ‘negative income tax’ to help support people’s incomes and encourage them to work.
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23 Aug 21
Finland’s finance ministry will assess the impact of its 2022 budget on children to help promote the interests of the next generation in the rapidly ageing country.
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23 Aug 21
An influential committee has urged the Government Pension Fund of Norway to push firms it invests in towards zero emissions to help combat climate change.
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16 Aug 21
Ireland’s economy has better weathered shocks than expected, according to rating agency Moody’s, as it raised its outlook for the country's rating from stable to positive.
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13 Aug 21
Afghanistan will miss out on the €430m of German aid it receives each year if the Taliban gains control of the country, Germany’s foreign minister has said.
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12 Aug 21
The Polish deputy prime minister has been sacked amid a disagreement over tax policy and a proposed media law, leaving the government’s future in doubt.
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10 Aug 21
The Greek government has allocated half a billion euros to help rebuild communities and woodland areas after wildfires devasted the nation.
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2 Aug 21
Disagreements between Hungary and the European Union over compliance with EU law is unlikely to “completely jeopardise” access to Covid-19 recovery funds, according to rating’s agency Fitch.
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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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23 Jul 21
Bulgaria is set to use most of its unexpectedly high revenue to increase state pensions and prepare for future waves of Covid-19 rather than run a much smaller deficit, the country’s finance minister...
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23 Jul 21
The European Central Bank will not risk harming the economic recovery from Covid-19 by withdrawing its emergency monetary support early, its president has said.
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22 Jul 21
The German government has allocated an initial €200m to help with immediate assistance to regions affected by recent floods.
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21 Jul 21
Favourable markets could see Italian local and regional governments shift to capital markets to fund capital investments, according to ratings agency Fitch.
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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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14 Jul 21
Estonia is holding back its support for the OECD-led worldwide shake-up of corporation tax despite hosting no companies that would be affected.
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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.