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10 Jul 20
A €5bn ‘Brexit reserve’ has been proposed by the European Council to deal with disruption caused to other members states when the UK’s transition phase ends in 2021.
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10 Jul 20
France must look to spending cuts rather than tax increases to help cap public debt during its economic recovery from the pandemic, the country’s central bank head has said.
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7 Jul 20
Global poverty is rising despite “triumphalism” about its perceived decline, according to a global report from a former United Nations official, who also released specific reports on Malaysia and...
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3 Jul 20
The EU risks overstating its climate spending without a reliable tracking method, the EU’s fiscal watchdog has warned.
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30 Jun 20
France should undertake an “in-depth review” of its public spending policies in order to rebuild its economy and stop government debt spiralling, the country’s state auditor has said.
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24 Jun 20
EU leaders have just three weeks to find common ground on a €750bn post-coronavirus recovery programme, with wrangling continuing over whether countries should be paid in grants or loans.
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16 Jun 20
Development organisations have criticised the UK government’s decision to merge its Department for International Development with its Foreign Office, especially amid the Covid-19 pandemic.
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11 Jun 20
A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
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9 Jun 20
EU members failed to meet their international aid targets in 2019, and the European Council has confirmed that greater efforts are now needed in light of the Covid-19 pandemic’s economic impact on...
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5 Jun 20
Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
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5 Jun 20
The US government has taken a step towards introducing tariffs to retaliate against digital taxes on ‘internet giants’ that are being pursued by several other countries as well as the European Union.
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29 May 20
The European Commission has proposed a €750bn recovery fund to help drag EU economies out of the slump caused by the Covid-19 pandemic.
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29 May 20
Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
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20 May 20
France and Germany have proposed that a €500bn EU recovery fund be distributed to the member nations worst affected by the Covid-19 pandemic.
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4 May 20
The EU is sending billions of euros to the Western Balkans to help the region through the challenges of the Covid-19 pandemic.
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1 May 20
EU countries are losing around €24.5bn in corporation tax each year from US businesses shifting their profits to low-tax countries such as the UK and Switzerland, analysis by the Tax Justice Network...
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1 May 20
The UK government’s efforts to foster gender equality through international aid are being hampered by “inaccuracy”, a watchdog has found.
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28 Apr 20
The Russian government has been urged to spend half of its National Wealth Fund of saved oil and gas revenues to deal with the Covid-19 crisis.
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28 Apr 20
Emmanuel Macron’s “expensive” response to the ‘yellow vest’ movement is partly to blame for France’s public deficit rising in 2019, the country’s court of auditors has found.
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21 Apr 20
IMF support is “like blood for the human body” during the coronavirus pandemic, the president of Ukraine has said as his country prepares to deal with the economic fallout of the crisis.
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20 Apr 20
European economies will need at least €500bn from EU institutions to tackle the Covid-19 financial crisis, the head of the EU’s bailout body has said.
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6 Apr 20
CIPFA member Peter Welch has been appointed chair of an Accountancy Europe expert group that pushes for sustainability and transparency for the continent’s public finances.
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2 Apr 20
The coronavirus crisis has shown the EU’s fiscal rules to be in immediate need of reform, senior economists at Finland’s national audit office have claimed.
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27 Mar 20
The European Central Bank has waived the current limit on the amount of a government’s bonds it can buy in response to the Covid-19 outbreak.
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24 Mar 20
Germany has announced €156bn of new spending to fight the economic effects of the coronavirus.