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28 Oct 22
The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.
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26 Oct 22
The Ukrainian government has appealed for more support from donor countries and multilateral lenders to help fund its war response, meet budgetary needs and begin the reconstruction effort.
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25 Oct 22
European policymakers face tough decisions between supporting households and reducing inflation as weakened growth and price rises create a “toxic mix”, economists at the International Monetary Fund...
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20 Oct 22
France’s PM has signalled controversial plans to push through a budget after heated rows over tax rises.
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18 Oct 22
The World Bank has placed all development loans made to Belarus through its subsidiary lender to a non-performing status because of overdue payments.
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14 Oct 22
The Swiss government has issued its first green bond, with proceeds earmarked for investment in climate-friendly projects.
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14 Oct 22
A watchdog has found the amount of money spent not in accordance with European Union rules rose again last year, leading to it issuing an adverse opinion in its annual report.
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11 Oct 22
The plight of Ukrainian refugees has been raised by UK campaigners and local government leaders.
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10 Oct 22
Governments across the European Union have spent more than €100bn on Russian fossil fuels since the nation invaded Ukraine in February, a climate group has said.
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30 Sep 22
The German government has announced a €200bn fund to protect consumers and businesses from high gas prices.
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28 Sep 22
European Union countries should ensure their citizens are guaranteed a sufficient ‘minimum income’ to live in “dignity at all stages of life”, according to the bloc’s executive arm – but officials...
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27 Sep 22
A recent package of tax cuts announced by the UK government “doesn’t help” global economic uncertainty, a US Federal Reserve official has warned amid an overwhelmingly negative investor reaction.
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27 Sep 22
The Swiss government has lost a referendum over abolishing taxes paid by companies on domestic bonds and share sales, aimed at promoting investment in the nation.
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21 Sep 22
The Hungarian government has put forward new legislation aimed at improving public procurement and its anti-corruption measures, hours after the European Commission threatened to withhold €7.5bn of...
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13 Sep 22
The German government must meet NATO’s military spending target of 2% of GDP over the long term or risk its €100bn defence fund being spent “in vain”, the nation’s defence minister has said.
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12 Sep 22
The Greek government has unveiled plans to increase state pension payments and the minimum wage, marking the end of a period of budget scrutiny from Brussels the prime minister described as a “...
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12 Sep 22
European Union member countries will need to “assume ownership” of their compliance with the bloc’s fiscal rules under a new system with stronger enforcement from Brussels, the Czech finance minister...
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9 Sep 22
The outpouring of refugees from Ukraine following Russia’s invasion has left public services in many European countries in need of support, and economists have stressed the importance of subnational...
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9 Sep 22
The European Central Bank is set to raise interest rates by a record 0.75 percentage points in a bid to rein in rampant inflation.
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7 Sep 22
The European Commission has outlined plans for “solidarity contributions” from fossil fuel companies and price caps on low-carbon energy to support people through the energy crisis.
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6 Sep 22
The European Union must adopt “risk-based” fiscal rules and instruct member nations to strengthen financial institutions to reduce fiscal risks, economists at the International Monetary Fund have...
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5 Sep 22
The German government is set to allocate a further €65bn to help soften the blow of the cost-of-living crisis on businesses and households.
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2 Sep 22
The Irish government is set to record a larger budget surplus than initially forecast this year, due to a leap in tax income, the nation’s spending watchdog has said.
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2 Sep 22
European Union institutions have won the praise of the bloc’s watchdog for their response to Covid-19.
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30 Aug 22
German chancellor Olaf Scholz said eurozone countries need to agree how to reduce their high debt levels to help foster “trust and solidarity” within the single market.