-
25 Aug 22
Finland’s municipalities will begin work on “child-oriented budgeting”, which officials hope will promote policies that improve childrens’ lives in the country whose population is ageing faster than...
-
23 Aug 22
Ukraine has continued to urge European governments to send arms as its invasion by Russia looks set to enter its seventh month.
-
19 Aug 22
The German government has announced plans to cut VAT on gas sales by more than half, to help cushion the impact of the cost-of-living crisis.
-
11 Aug 22
The end of increased budget scrutiny on the Greek government closes a “difficult chapter” in its history and recognises the sacrifices made to reach financial stability, its finance minister has said...
-
11 Aug 22
The United Nations has nearly doubled its request for donations to help its aid workers continue to assist those displaced by the Russian invasion.
-
10 Aug 22
French energy giant EDF is set to sue its own government for £7bn, after legislation imposed to cushion the impact of the cost-of-living crisis forced the company to sell energy at a loss.
-
9 Aug 22
Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
-
5 Aug 22
The Italian government is set to spend a further €17bn this year to help soften the blow of inflation on families and businesses.
-
5 Aug 22
European governments should end sweeping support measures keeping fuel prices down and allow prices to rise to encourage people to use less fossil fuels, IMF economists have said.
-
4 Aug 22
Transatlantic slavery has left such long-lasting damage on Africa and Africans that the continent deserves an apology and financial reparations from the European powers responsible, according to...
-
1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
-
26 Jul 22
The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.
-
25 Jul 22
A complete and permanent shutoff of Russian gas into Europe would take close to 3% off Germany’s forecast economic activity next year, the International Monetary Fund has said.
-
22 Jul 22
The European Central Bank has ended eight years of negative interest rates, increasing its deposit rate for the first time since 2011 in response to high inflation.
-
20 Jul 22
The Ukrainian government has reached an agreement with more than 20 developed countries to suspend debt and interest repayments to help the country pay for its war effort.
-
19 Jul 22
The French government is set to spend close to €10bn on purchasing shares of energy giant EDF after the country outlined plans to renationalise the company.
-
19 Jul 22
Does Russia’s invasion of Ukraine mean that governments around the world are set to spend more on defence over coming years? And, if they do, what are the implications for public spending in other...
-
19 Jul 22
Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
-
19 Jul 22
A senior International Monetary Fund official has warned it could be economically unwise to cut taxes, amid calls by many of the prospective new prime ministers to do so.
-
18 Jul 22
The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
-
15 Jul 22
As the war in Ukraine continues, local authorities throughout Europe face unique challenges as more than 12 million refugees seek sanctuary.
-
8 Jul 22
The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
-
7 Jul 22
The French government is set to take full control of energy giant EDF, which it said will enable the country to make “radical decisions” on its future energy plans.
-
5 Jul 22
Ukraine has said it will need $750bn of investment to rebuild its economy in the wake of Russia’s invasion, suggesting that more than half of it could be funded with seized Russian assets.
-
4 Jul 22
European Union auditors have identified risks that the bloc’s executive arm’s increasing use of external consultants does not provide value for money.