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19 Jun 17
French president Emmanuel Macron’s newly formed party has won a clear majority in the country’s parliament.
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16 Jun 17
Critical bailout funds for Greece have been agreed at the eleventh hour after months of wrangling amongst creditors, with the International Monetary Fund offering conditional backing to the package.
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13 Jun 17
Italy must press ahead with reforms to its public sector in order to foster stronger growth, the International Monetary Fund has stressed.
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13 Jun 17
MEPs have been urged to close a “dangerous loophole” recently introduced into draft transparency legislation meant to prevent corporate tax avoidance by large multinationals.
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12 Jun 17
French president Emmanuel Macron's party looks set to secure a landslide victory in the country’s parliamentary elections, based on results from the first round of voting.
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9 Jun 17
The risk of deflation in the eurozone has “definitely disappeared”, president of the European Central Bank Mario Draghi announced yesterday.
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9 Jun 17
Local government finances face very different fortunes in Australia than they do in the UK. But in both, common challenges have prompted the same fundamental questions
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8 Jun 17
The German government could have to fork out billions of euros in tax rebates after the country’s constitutional court ruled that a nuclear fuel levy it imposed on energy companies was illegal.
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8 Jun 17
The European Commission has launched the bloc’s first shared fund for defence, which it said would ensure spending is more efficient and improve value for money.
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1 Jun 17
Brussels has opened the door to Italy rescuing one of its largest banks with state aid after the two reached an agreement “in principle” today.
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1 Jun 17
The European Union’s negotiating hand in Brexit talks may be weaker than often thought because of a number of serious threats to the union’s future stability.
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30 May 17
Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
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30 May 17
Read the October 2016 special edition of PFI Magazine
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26 May 17
The International Monetary Fund has again urged Ukraine to press ahead with its reform efforts in order to unlock growth and the next round of bailout funding.
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23 May 17
The European Commission has called on member states to pursue structural reforms, boost investment and strengthen public finances.
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23 May 17
Greece and the European Commission must conclude a new agreement on a bailout next month after talks failed this week, economic and financial affairs commissioner Pierre Moscovici has said.
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19 May 17
Greek lawmakers have backed further controversial austerity measures in a vote that could end a more than six-month delay to the country’s bailout programme.
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17 May 17
Greek civil servants are joining workers across the country in a general strike today to protest against the latest austerity measures agreed under Greece’s bailout deal.
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15 May 17
Germany should look to refine its revenue projection models, which are repeatedly off the mark and encourage overly tight purse strings, the International Monetary Fund has said.
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15 May 17
The Greek economy has slipped back into recession, while the government has shaved almost one percentage point from its growth forecasts for 2017.
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15 May 17
China has pledged to spend over $120bn in support of its ambitious development plan centred on building trade and connectivity infrastructure across Asia, Africa and Europe.
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12 May 17
UK Aid’s chief civil servant and CIPFA member Sir Mark Lowcock has been appointed as the next head of the United Nation’s humanitarian operations.
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12 May 17
German tax revenues are to overshoot estimates by €7.9bn according to finance minister Wolfgang Schäuble, who promised to cut tax in light of the better-than-expected figures.
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11 May 17
New French president Emmanuel Macron should meet his pledge to bring the country’s deficit back in line with European Union spending rules this year, according to the European Commission.
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9 May 17
The UK’s emphasis on serving its own interests through its aid spending takes away from its effectiveness in reducing global poverty, according to a British economics think-tank.