-
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.
-
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...
-
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.
-
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.
-
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.
-
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.
-
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.
-
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...
-
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continent from an even worse recession during the pandemic, the IMF has said, while warning that support should not be withdrawn prematurely.
-
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.
-
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.
-
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.
-
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.
-
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”.
-
1 Oct 20
Hungary’s right-wing prime minister Viktor Orban has suggested his country will opt out of the European Union’s €750bn Covid-19 recovery fund in a row over democracy and the rule of law.
-
29 Sep 20
The economic and health crises caused by Covid-19 led Germany’s overall public debt to its highest ever level in the first half of 2020, the country’s official statistics bureau Destatis has...
-
22 Sep 20
The European Central Bank will allow itself to buy bonds with coupons linked to sustainability performance targets from next year, it has said, also announcing that these bonds will be eligible as...
-
15 Sep 20
Fraudsters are increasingly targeting EU climate funds, the European Union’s anti-fraud office has warned.
-
11 Sep 20
European leaders have approved a €6.2bn increase to this year’s EU budget to fund the development of Covid-19 vaccines and address other effects of the pandemic.
-
11 Sep 20
Finland hopes to make public procurement more responsible, increasing its positive impact on the environment, society and the economy.
-
7 Sep 20
The Netherlands is launching a national growth fund to help boost the country’s future prosperity and fortify the economy against future downturns.
-
7 Sep 20
Sweden plans to invest billions of kronor in healthcare and help for the elderly, along with giving local governments large cash boosts, as the country recovers from the Covid-19 pandemic.
-
4 Sep 20
Just one-quarter of recommendations made by the EU to member states were fully or substantially implemented in seven years, leading to slow progress in areas such as poverty alleviation, auditors...
-
2 Sep 20
The UK will reform the body that scrutinises its aid spending as it merges its international development department with the Foreign Office, the government has announced.
-
27 Aug 20
The Swedish Government is set to spend an “historic” SEK 100bn ($11.5bn) in its upcoming budget, in bid to help the country’s economic recovery from Covid-19.