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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,...
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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.
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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.
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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.
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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...
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8 Dec 16
The Federation of European Accountants has rebranded as Accountancy Europe and elected a fresh leadership team to mark its 30th anniversary.
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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.
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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...
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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.
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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.
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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.
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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...
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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.