-
30 Jan 17
Greece faces an “explosive” surge in public debt by 2030, even with the relief measures promised by its European creditors, the International Monetary Fund has said.
-
27 Jan 17
Time is running out to break an impasse over the next stage of the €86bn Greek bailout deal, French finance minister Michel Sapin warned after a Eurogroup meeting yesterday.
-
24 Jan 17
Euro-area government debt fell to its lowest level since 2012 in the third quarter of 2016 according to figures released yesterday by the bloc’s statistic office.
-
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.
-
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...
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
8 Dec 16
The European Union’s support for improved financial management and governance in Ukraine has been only partially effective, and the limited results achieved so far remain “fragile”, the bloc’s...
-
8 Dec 16
The Federation of European Accountants has rebranded as Accountancy Europe and elected a fresh leadership team to mark its 30th anniversary.
-
6 Dec 16
Eurozone finance ministers have agreed on short-term debt relief measures for Greece, but remain divided on the country’s fiscal targets and the reforms needed to reach them.
-
5 Dec 16
Italian prime minister Matteo Renzi has resigned after suffering a decisive defeat in a referendum to alter the country’s constitution, fiercely resisted by anti-establishment parties on the far...
-
2 Dec 16
The European Union is set to crack down on overseas firms illegally shipping small items to customers within the bloc without charging VAT.
-
30 Nov 16
The European Commission has announced proposals to restrict subsidies for coal and cut the European Union’s energy usage by 30% by 2030.
-
29 Nov 16
European governments need to pick up the slack in fiscal policy in order to support growth in the eurozone, European Central Bank president Mario Draghi has said.
-
29 Nov 16
Public-private partnerships across the European Union often fail due to weak political commitment, the absence of a strong legal framework, and a lack of public funding, according to the European...