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14 Jan 21
Providing homeless people with immediate access to housing would have saved the French government vast sums of funding in recent years, a report from the country’s national audit office has found.
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8 Jan 21
Tariffs on French goods such as champagne, cheese and designer handbags will not be imposed by the US government as planned this week – a move that was intended as retaliation against France’s...
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6 Jan 21
Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
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17 Dec 20
Eurozone government debt as a proportion of the economy has ballooned by nearly one-fifth amid the Covid-19 pandemic, according to a statement from the group’s finance ministers.
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17 Dec 20
A €17.5bn fund for regions in the EU that are heavily dependent on fossil fuels has been agreed by negotiators from the European Council and the bloc’s parliament.
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11 Dec 20
A €1.8trn financial package intended to see the European Union through the pandemic-related economic crisis has been ‘unblocked’, after a compromise was reached with Poland and Hungary, which had...
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10 Dec 20
The second wave of Covid-19 has led to the European Central Bank committing to buy €500bn more bonds to help the eurozone economy cope with the continuing fallout of the pandemic.
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1 Dec 20
Sweden’s central bank has imposed sustainability criteria on a SEK200bn (US$23bn) extension to its quantitative easing programme.
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25 Nov 20
Spain’s minority coalition government may be able to pass the country’s first full-year budget since 2016, after a Catalan separatist party announced its support.
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25 Nov 20
The European Investment bank has approved an €890m loan towards the development of a high-speed rail line from Madrid to the Portuguese border.
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24 Nov 20
An Australian case shows the importance of providing complete advice to politicians.
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20 Nov 20
Germany should not let its rising debt stop it from taking “vigorous policy action” to mitigate the economic effects of Covid-19, the IMF has said after a visit to the country.
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19 Nov 20
Eurozone governments should continue spending into 2021 to help the economy recover from Covid-19, the European Commission has said – while warning that recovery “depends” on the approval of the...
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17 Nov 20
Germany’s inaction in fighting fraud in online sales has been blasted as “incomprehensible” by the country’s state audit office president – given the amount of money spent over the internet.
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10 Nov 20
EU spending was impacted by too many errors, particularly in high-risk areas, the European Court of Auditors’ annual report for the 2019 financial year found.
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5 Nov 20
Countries that disrespect the rule of law and democracy risk losing access to EU funds, following a deal made between European Parliament and Council negotiators.
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5 Nov 20
A rare drop in corporation tax receipts in Ireland shows they cannot be relied upon in the future, the Irish finance minister has said.
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3 Nov 20
France must begin establishing its medium-term fiscal plans to ensure they are ready in time to help the country recover from Covid-19, the IMF has said.
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30 Oct 20
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
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28 Oct 20
Measures protecting jobs in Europe saved the continent from an even worse recession during the pandemic, the IMF has said, while warning that support should not be withdrawn prematurely.
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27 Oct 20
Expanding basic services and increasing access will be crucial for Moldova during its recovery from the economic hit caused by Covid-19, the UN has said.
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27 Oct 20
Hikes to corporation, income and wealth taxes in Spain’s draft 2021 budget underpin the government’s “progressive” approach to public finances, the country’s president has said.
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14 Oct 20
Ireland expects its corporation tax yield to rise again this year, despite the backdrop of the global recession caused by Covid-19, an official document has revealed.
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13 Oct 20
Auditors have urged France to cut spending on health insurance payments after projecting the social security system deficit will balloon by more than 20 times its size this year.
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2 Oct 20
Three in four furloughed workers in Spain are back at work, according to figures released just days after the government committed to keep the scheme going for “as long as necessary”.