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10 Jan 23
The new Italian government has signalled its intention to keep its fiscal policies aligned with the European Union amid concerns over the eurosceptic administration.
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6 Jan 23
Croatia joining the eurozone and the Schengen area marks the culmination of more than a decade of effort – and shows the way for other countries desperate to integrate into the EU.
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22 Dec 22
An emotional appeal by the Ukrainian president in the US secured more than $2bn in new aid for his country amid continued Russian aggression.
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15 Dec 22
The European Parliament has given the green light to an €18bn loan package to Ukraine, after a veto forced the proposals to be revised.
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13 Dec 22
The European Union is set to suspend more than €6bn of funding for Hungary due to the ongoing dispute over compliance with the bloc’s rule of law regulations.
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7 Dec 22
The Hungarian government has blocked an €18bn European Union package to support Ukraine’s budget and fund the war effort against Russia.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
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29 Nov 22
Interest rates at the European Central Bank will keep going up, according to its president Christine Lagarde, but a leading economist has questioned whether advanced economies should loosen their...
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18 Nov 22
Security spending and policies aimed at shielding people from inflation will leave Finland’s public finances in a weaker position, according to the International Monetary Fund.
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18 Nov 22
An overreliance on unsustainable corporation tax receipts could pose problems for Ireland in the future, and the country should look at raising other revenues, the national spending watchdog has said...
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14 Nov 22
Stated priorities such as gender equality and economic development are not fully incorporated into the European Union’s budget, potentially slowing the bloc’s progress, the European spending watchdog...
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10 Nov 22
New European Union fiscal rules should get rid of the current system’s complexity and allow governments more “ownership” of their spending plans, Brussels has said, also promising stronger...
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9 Nov 22
A tax on Germany’s highest earners could help to reduce the national deficit after public spending soared to support households during the cost-of-living crisis, an independent council has said.
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4 Nov 22
Spain’s proposed windfall tax on commercial banks could end up doing more harm than good to the nation’s economy, the European Central Bank has warned.
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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...