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16 Jun 23
The US Federal Reserve and European Central Bank have announced their new rates
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13 Jun 23
The European Union has agreed a package of more than €1bn with Tunisia containing significant support for the latter’s border controls, as well as finance linking to other areas of reform.
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9 Jun 23
The wide scope of European Union development spending in other countries could limit the programme’s impact, the bloc’s spending watchdog has warned.
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2 Jun 23
Last year governments in Western Europe saw revenue grow much faster than spending, but that is unlikely to be the case again in 2023, according to analysts.
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31 May 23
The International Monetary Fund announced the funding allocation, which forms part of a $15.6bn programme for the war-torn nation.
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23 May 23
Industry gets more support as Ukraine war continues.
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23 May 23
Support for Polish farmers struggling with higher costs associated with Russia’s invasion of Ukraine has been approved in Brussels.
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16 May 23
Regulating crypto assets should help European Union member states close avenues for tax avoidance and tax fraud, leaders have said following an agreement.
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12 May 23
Saving bumper corporation tax receipts now could help Ireland face future challenges such as its ageing population, the country’s finance minister has said.
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11 May 23
The Swedish government has spent too much money on widespread energy support that failed to encourage reduced consumption, the nation’s spending watchdog has said.
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2 May 23
Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
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25 Apr 23
Stricter rules and stronger enforcement of the European Union fiscal framework would protect the bloc’s economy better than if those rules were loosened, according to Germany’s finance minister.
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19 Apr 23
A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
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18 Apr 23
Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
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14 Apr 23
Economic disruption caused by Russia’s invasion saw the Ukrainian economy contract by almost 30% last year, the nation’s statistics agency has revealed.
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30 Mar 23
Switzerland will provide immediate support of almost $120bn to prevent the collapse of Credit Suisse and “avert an international financial crisis”.
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30 Mar 23
The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
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24 Mar 23
Raising the French retirement age could benefit the government’s fiscal balance in the medium term after an initial negative impact, but the political fallout could hurt the president’s chance of...
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24 Mar 23
The reconstruction and recovery of Ukraine is expected to cost more $400bn and take almost a decade to complete, researchers have said.
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23 Mar 23
The Ukrainian government has received preliminary approval of a $15.6bn package from the International Monetary Fund to support the nation through its war with Russia and help adopt reforms to reduce...
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21 Mar 23
The devastation caused by last month’s earthquakes in Turkey have led the European Union lending arm to override its years-long ban on providing finance to the country.
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17 Mar 23
French president Emmanuel Macron has tried to bypass the National Assembly to raise the retirement age – a move he sees as vital to fixing public finances – sparking countrywide protests.
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15 Mar 23
Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
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7 Mar 23
Greece will regain an investment grade credit rating this year after more than a decade in junk territory, the country’s central bank governor has said.
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3 Mar 23
Italy has been forced to recognise a much larger budget deficit in each of the past three years, pushing it even further away from currently suspended European Union rules.