-
21 Mar 23
The devastation caused by last month’s earthquakes in Turkey have led the European Union lending arm to override its years-long ban on providing finance to the country.
-
30 Jan 23
Boosting welfare and access to services should provide all European Union citizens with a level of income that keeps them out of poverty, bloc officials have said.
-
17 Jan 23
The Ukrainian government will receive the first tranche of an €18bn European Union support package later this week, after agreeing to loan conditions.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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...
-
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...
-
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...
-
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.
-
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.
-
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.
-
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...
-
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...
-
30 Aug 22
German chancellor Olaf Scholz said eurozone countries need to agree how to reduce their high debt levels to help foster “trust and solidarity” within the single market.
-
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.
-
24 Jun 22
The president of the European Parliament has suggested the EU’s seven-year budget cycle might leave the bloc unable to respond to challenges.
-
24 Jun 22
Moldova and war-torn Ukraine have made a step towards becoming members of the European Union, as bloc leaders agree to give them ‘candidate’ status.
-
20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
-
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.
-
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.
-
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.
-
29 Apr 22
The European Central Bank has blamed soaring energy prices for its misjudgement of inflation, after its projections for the beginning of 2022 turned out to be the least accurate it has ever made.