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20 Oct 21
A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
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18 Oct 21
Poland’s constitutional court ruling that Polish law takes precedence over EU laws has “meaningful risks to growth and governance” in the eastern European country, according to rating agency Fitch.
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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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15 Oct 21
Top economists have revised down Germany’s growth forecast for this year, due to manufacturing bottlenecks and the impact of Covid-19 on services.
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8 Oct 21
The National Bank of Poland has caught economists off guard by raising interest rates to stave off inflation risks.
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28 Sep 21
A fund to help European Union member countries weather the negative impacts of Brexit will be created after getting final approval by the European Council.
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28 Sep 21
German finance minister Olaf Scholz is trying to form a government after his party narrowly won the German elections. PFF takes a look at what a Scholz premiership could mean for German fiscal policy.
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27 Sep 21
Slovenia’s budget watchdog has told the government it cannot use Covid-19 as cover for high spending ahead of the general election next year.
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27 Sep 21
The French government’s ability to reduce its debt levels – which spiked due to Covid-19 – will be a key driver in future ratings, according to agency Moody’s.
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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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23 Sep 21
Norway’s has raised its main interest rate, saying it is "likely" that further increases will come as the nation emerges from Covid-19.
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22 Sep 21
Irish leaders have spoken less harshly than usual about a planned global shake-up of corporation tax, which would see them raising the rate on the many large multinational companies with headquarters...
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21 Sep 21
The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
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20 Sep 21
Public debt in Ireland has a “one-in-four risk” of becoming unsustainable if the government runs deficits as projected, the country’s budget watchdog has warned.
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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.
20 Oct 21A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
18 Oct 21Poland’s constitutional court ruling that Polish law takes precedence over EU laws has “meaningful risks to growth and governance” in the eastern European country, according to rating agency Fitch.
18 Oct 21The 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.
15 Oct 21Top economists have revised down Germany’s growth forecast for this year, due to manufacturing bottlenecks and the impact of Covid-19 on services.
8 Oct 21The National Bank of Poland has caught economists off guard by raising interest rates to stave off inflation risks.
28 Sep 21A fund to help European Union member countries weather the negative impacts of Brexit will be created after getting final approval by the European Council.
28 Sep 21German finance minister Olaf Scholz is trying to form a government after his party narrowly won the German elections. PFF takes a look at what a Scholz premiership could mean for German fiscal policy.
27 Sep 21Slovenia’s budget watchdog has told the government it cannot use Covid-19 as cover for high spending ahead of the general election next year.
27 Sep 21The French government’s ability to reduce its debt levels – which spiked due to Covid-19 – will be a key driver in future ratings, according to agency Moody’s.
23 Sep 21Norway’s has raised its main interest rate, saying it is "likely" that further increases will come as the nation emerges from Covid-19.
22 Sep 21Irish leaders have spoken less harshly than usual about a planned global shake-up of corporation tax, which would see them raising the rate on the many large multinational companies with headquarters...
21 Sep 21The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
20 Sep 21Public debt in Ireland has a “one-in-four risk” of becoming unsustainable if the government runs deficits as projected, the country’s budget watchdog has warned.
14 Sep 21Transparency 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...
14 Sep 21High-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.
13 Sep 21Eight 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”.
10 Sep 21The 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.
6 Sep 21Greek officials have called for each European Union country to be given tailor-made debt targets, calling the current blanket fiscal rules “practically inapplicable”.
2 Sep 21Elevated asset purchasing by the European Central Bank will continue until 2025, long after its Covid-19 facility shuts, according to ratings agency Fitch.
31 Aug 21Austria’s finance minister has urged his European Union counterparts to reduce their high levels of spending as the economic rebound from Covid-19 continues.
26 Aug 21A 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.
23 Aug 21Finland’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.
