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28 Nov 16
Diverse systems, narrow focus and a lack of capacity or experience are some of the key challenges in developing financial management and harmonised accounting standards highlighted by speakers at the...
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22 Nov 16
European Union spending on climate change may fall short of target, with a lacklustre effort to channel funds towards climate action throwing spending off schedule, auditors have found.
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21 Nov 16
The International Monetary Fund has told Ukraine to knuckle down on reforms in order to secure the next tranche of its $17.5bn bailout.
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15 Nov 16
The Greek economy has clawed its way out of recession for the first time in two years, registering two consecutive quarters of growth.
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15 Nov 16
The project to introduce European Public Sector Accounting Standards, a set of harmonised standards across the EU, continues with the current focus on technical issues
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14 Nov 16
Plans to increase the size of the fund underpinning the EU’s so-called Juncker Plan by €12bn are premature and not supported by evidence, the European Court of Auditors has argued.
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10 Nov 16
Public finances across the EU are set to continue improving in the coming years, the European Commission has predicted, despite another cut to growth forecasts.
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9 Nov 16
The European Union’s tax blacklist is to focus on countries that fail to take part in global tax transparency and anti-corporate tax avoidance initiatives, it was decided yesterday.
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7 Nov 16
Greek prime minister Alexis Tsipras has purged his government of leftist ministers resistant to the unpopular reforms demanded by the country’s creditors.
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1 Nov 16
The World Bank has appointed the European Commission’s vice president for budget and human resources to the newly created role of chief executive.
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31 Oct 16
The European Union and Canada have signed a long-delayed trade deal after all EU member states managed to reach consensus on the controversial and widely opposed agreement.
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27 Oct 16
The European Commission cannot ensure the Common Agricultural Policy cross-compliance system is effective, the EU Court of Auditors has warned.
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26 Oct 16
The European Union is to plough more than €74m in sustainable development in Latin America and the Caribbean.
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24 Oct 16
The fall in the value of the pound has created a hole in the EU’s budget for next year, according to the chief negotiator from the European Parliament.
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21 Oct 16
Luxembourg has launched a climate finance platform in collaboration with the European Investment Bank to mobilise funding for projects that will help manage climate risks, it was announced yesterday.
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19 Oct 16
Around 119 million people or 23.7% of the population of the European Union are at risk of poverty or social exclusion, official figures have shown.
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13 Oct 16
Spending rules for European Union resources have become so complex that they encourage errors and lack transparency, the president of the European Court of Auditors has warned.
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11 Oct 16
European Union unemployment is at its lowest level since 2009, according to figures published by the European Commission today.
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11 Oct 16
Greece is set to receive €2.8bn ($3.1bn) from its European creditors after the country passed a number of required reforms relating to pensions, the energy sector and the privatisation of state...
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6 Oct 16
Governments around the world pledged $15.2bn in aid for Afghanistan until 2020 at an EU-hosted conference in Brussels yesterday.
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6 Oct 16
The world will need another 69 million teachers if every child is to have the opportunity to go to school by 2030, the United Nations has warned.
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5 Oct 16
The speed with which anti-corruption laws are being implemented in Afghanistan must be increased in order to safeguard aid from the international community and alleviate the suffering of citizens, a...
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4 Oct 16
European Union member states are breaking the state aid rules of the bloc’s major investment policy at a much higher rate than thought, according to the European Court of Auditors.
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29 Sep 16
MEPs have rejected all the cuts to the union’s draft 2017 budget proposed by the European Council earlier this month.
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29 Sep 16
The European Union’s budget chief Kristalina Georgieva has entered the race to become United Nations secretary general after fellow Bulgarian Irina Bokova failed to win the needed support.