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21 Jul 16
A conference to raise funds for Iraq has collected more than $2.1bn in aid pledges, according to US State Department spokesman John Kirby.
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21 Jul 16
The European Commission’s lax supervision over the biofuels used by member states risks undermining the European Union’s 2020 targets on renewable transport energy, the European Court of Auditors has...
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13 Jul 16
Public procurement by the European Union is mired in red tape and efforts should be made to help businesses identify contracting opportunities and submit tenders, auditors have said.
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12 Jul 16
A controversial bill forcing NGOs in Israel to disclose details of their overseas funding was passed in to law yesterday despite international condemnation.
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8 Jul 16
The European Commission has triggered sanctions procedures against Spain and Portugal after ruling the two nations failed to do enough to bring their budget deficits within European Union limits.
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7 Jul 16
The German finance minister Wolfgang Schäuble yesterday warned against an EU-wide “race to the bottom” on tax.
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7 Jul 16
European Union loans, guarantees and equity investments to member states are costly and often poorly implemented, the European Court of Auditors has concluded.
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6 Jul 16
The European Commission has announced plans for further measures to clamp down on tax avoidance and secretive companies in response to the publication of the Panama Papers.
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5 Jul 16
European Union governments will be able to ratify a new trade deal between the EU and Canada in their national parliaments after the European Commission bowed to pressure and scrapped plans to fast-...
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4 Jul 16
European Union aid for refugees in Africa may be “too expensive”, according to a report from the European Court of Auditors.
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1 Jul 16
Security, the refugee crisis and growth are the key priorities of the European Commission’s €134.9bn draft budget for 2017, presented to the European Parliament yesterday.
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27 Jun 16
The International Monetary Fund has called for the UK’s decision to leave the European Union to be respected and for the exit process to be conducted smoothly.
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24 Jun 16
A United Nations expert has warned that the European Union may violate international human rights standards if it attempts to push through controversial trade deals without involving national...
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23 Jun 16
Portugal will have to “step up” its efforts to reduce its budget deficit as the country’s economic recovery falls short of expectations, the European Commission and European Central Bank have warned...
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22 Jun 16
Mayors from across the globe are to come together to fight climate change after the world’s largest coalition of cities committed to environmental leadership was launched today.
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21 Jun 16
New rules to combat corporate tax avoidance by multinational companies are to be adopted across the European Union after member states agreed a package of measures today.
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20 Jun 16
The European Union has removed Cyprus, Ireland and Slovenia from excessive deficit procedures after the three nations brought their shortfalls to below 3% of GDP.
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13 Jun 16
The European economy must address some major new challenges as well as unresolved problems in order to sustain its gradual recovery, the OECD has said.
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26 May 16
European Union finance ministers yesterday failed to agree on rules to crack down on tax avoidance by multinational companies.
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24 May 16
The European Union’s €28bn effort to shift freight from road to rail has failed, with the amount of freight carried by train actually decreasing since 2011, according to the European Court of...
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19 May 16
The European Commission has deferred its decision on disciplinary action regarding Spain and Portugal’s stubborn “excessive” deficits until early July.
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18 May 16
A United Nations expert has slammed the European Union for “abandoning” Greece and treating human rights for migrants and refugees as “dispensible”.
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9 May 16
Athens lawmakers have approved a host of controversial pension and tax reforms in a bid to unlock the next tranche of Greece’s bailout cash.
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26 Apr 16
The European Commission has proposed an additional €414m to alleviate food crises sparked across the globe by a strong El Niño.
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19 Apr 16
The European Commission is not strict enough in enforcing rules intended to keep the bloc’s public finances in order, the European Court of Auditors has found.