-
19 Jan 17
The European Commission has called on Italy to reduce its 2017 deficit by around €3.4bn ($3.64bn) to avoid potential sanctions for breaking European Union spending rules.
-
19 Jan 17
The European Union’s response to recent disasters around the world has been “broadly effective”, according to the European Court of Auditors.
-
18 Jan 17
With UK prime minister Theresa May putting flesh on the Brexit bones, here's what a host of EU leaders had to say
-
17 Jan 17
The European Union’s executive is failing to tackle food waste, which amounts to around 88 million tonnes per year, auditors have found.
-
13 Jan 17
“Management weaknesses” in the European Commission have contributed to reducing the effectiveness of recent EU aid to Honduras, according to a report published yesterday by the European Court of...
-
12 Jan 17
UK aid cash transfer programmes that have been excoriated in the British press have been found to deliver strong value for money and reduce poverty by the country’s aid watchdog.
-
11 Jan 17
The UK has edged further toward what critics decry as a move to privatise its aid budget after MPs passed a controversial bill through the country’s House of Commons yesterday.
-
9 Jan 17
An NGO that uses multimedia to champion girls’ rights has lost UK aid funding after being targeted with criticism by the country's press.
-
9 Jan 17
The independence of central banks in Europe could undergo significant changes in the future, according to a survey of economists on the continent.
-
6 Jan 17
The Greek government’s decision to pay out over €600m to the country’s pensioners in the form of a Christmas bonus shows up the weaknesses of its financial management system
-
5 Jan 17
Unemployment in Spain fell by the largest amount ever recorded last year, the country’s ministry of employment and social security has announced.
-
4 Jan 17
Finland has begun delivering unconditional payments to unemployed citizens to test whether providing a universal basic income can help boost employment.
-
3 Jan 17
Information on cross-border tax rulings issued within the European Union will now be automatically shared between member states.
-
21 Dec 16
The Italian government is preparing to request €20bn from the country’s parliament in order to rescue Monte dei Paschi, the oldest surviving bank in the world.
-
21 Dec 16
Plans for increased tax transparency across the European Union, which would have seen the details of the true owners of secretive companies made public have been watered down by national governments...
-
21 Dec 16
Eurozone governments should start plugging a “wide and deep” gap in public investment gap by taking advantage of low interest rates, the European Commission has suggested.
-
20 Dec 16
International Monetary Fund chief Christine Lagarde has been found guilty of negligence linked to the misuse of public funds during her time as French finance minister.
-
19 Dec 16
Ukraine is to nationalise its largest lender, PrivatBank, in order to prevent a potential financial system meltdown triggered by the collapse of an institution deemed too big to fail.
-
16 Dec 16
Construction cartels and firms with links to organised crime could benefit from billions in European public money after winning contracts to build a pipeline carrying gas from Azerbaijan to Europe,...
-
15 Dec 16
Debt relief measures for Greece have been frozen just weeks after they were agreed because of a series of social welfare measures announced by the government, a move that has angered creditors.
-
14 Dec 16
Greeks are unhappier with their lives than citizens in a host of post-communist and less developed nations across Europe and central Asia, according to a survey.
-
14 Dec 16
The International Monetary Fund has congratulated Spain on an “impressive” economic recovery.
-
13 Dec 16
Claims the International Monetary Fund is demanding more austerity in Greece amount to ‘turning the truth upside down’, the fund has argued.
-
12 Dec 16
International Monetary Fund managing director Christine Lagarde is due before court in France today to face charges of negligence relating to her time as the country’s finance minister.
-
9 Dec 16
European Union protections against pandemics that could spread quickly throughout the bloc suffer from “significant weaknesses”, the European Court of Auditors has found.