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15 Mar 23
Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
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14 Feb 23
The European Union should avoid a further suspension to the bloc’s fiscal rules at the end of this year, a senior official 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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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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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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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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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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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.
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17 Jun 22
The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
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31 May 22
One-third of European Union spending reported as being related to the climate was in fact irrelevant, a report has found, meaning the bloc missed its goal in the most recent budget period.
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23 May 22
The European Commission’s proposals to reduce its reliance on Russian gas could push the continent into recession if supply fails to keep up with demand, according to one ratings agency.
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20 May 22
European Union countries must reverse years of underinvestment in defence and increase collaborative spending in response to the new security situation after Russia invaded Ukraine, the bloc’s...
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5 May 22
The European Commission has proposed a complete ban on importing Russian oil in response to the continuing war in Ukraine, but face warnings it could harm the European economy more than Russia’s.
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6 Apr 22
The European Commission has begun the formal process of keeping money from Hungary over “corruption” issues, announcing the move two days after the reelection of prime minister Viktor Orban.
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11 Mar 22
The European Union has vowed to end its reliance on Russian fossil fuels in response to the ongoing invasion of Ukraine and is planning new measures to help governments support their economies amid...
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2 Mar 22
A Court of Justice Decision to allow the European Union to withhold money from countries that fail to meet democratic standards has been named as a threat to Hungary and Poland.
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17 Feb 22
A Polish and Hungarian legal challenge against the European Union has failed, allowing the bloc to withhold billions of euros of funding if member countries fail to meet democratic standards.
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10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
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7 Feb 22
Poland has started to row back on some of its actions that have angered the European Commission and held up billions of euros of Covid-19 recovery funds.
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13 Dec 21
Poland’s justice minister has said the government could halt contributions to the European Union budget if officials in Brussels cut funding for Warsaw amid a battle over the rule of law.
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10 Dec 21
European Union countries must be able to invest in ‘greening’ their economies under new fiscal rules, the head of the International Monetary Fund has said.
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1 Dec 21
The European Union hopes to mobilise €300bn of infrastructure investment around the world, rivalling China’s massive Belt and Road initiative whose momentum has slowed.
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24 Nov 21
The European Commission’s estimates of irregularities in EU cohesion policy spending represent only “a minimum level” of error and cannot be considered final figures, the bloc’s fiscal watchdog has...
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12 Nov 21
The European Union has been told it should come up with “genuine reform” for its fiscal rules ahead of their reintroduction in 2023 following the Covid-19 economic crisis.