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28 Jun 16
The leaders of France, Germany and Italy have called for Brexit negotiations to begin soon in order to avoid an impasse following the vote of the UK to leave the European Union.
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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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24 Jun 16
Shockwaves from the UK’s vote to leave the European Union are reverberating throughout the global economy and politics this morning as the fallout of Brexit spreads across the world.
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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
Croatian lawmakers have voted to dissolve parliament, a move that will trigger snap elections and is likely to hamper progress in fixing the country’s public finances.
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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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8 Jun 16
A G8 initiative to facilitate corporate investment in African agriculture has benefited big companies while smallholder farmers have lost land and money, the European Parliament has concluded.
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7 Jun 16
The world is about to undergo a “transition to a new order” in global trade with the Asian and African regions accruing increasing power while Europe declines, a joint-report by the Dubai Multi...
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2 Jun 16
Tunisia has secured more than $8bn in loans from the European Union, the International Monetary Fund and the World Bank over the past month as the country seeks to revive its fragile economy.
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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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25 May 16
Greece’s European creditors have agreed to release €10.3bn in bailout cash and some debt relief for the country following a tense, 11-hour Eurogroup meeting in Brussels yesterday.
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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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24 May 16
The International Monetary Fund has called for “unconditional” debt relief for Greece and said the current fiscal targets imposed on the country by the Eurogroup are unrealistic.
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23 May 16
Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
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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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17 May 16
Poland’s plan to lower the retirement age is a “step in the wrong direction” and the government should reconsider, according to the International Monetary Fund.
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10 May 16
Greece has edged closer to unlocking the next tranche of much-needed bailout funds as eurozone finance ministers commit to look into how to ease the country’s debt burden.
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9 May 16
Germany should step up its public and private investment to meet infrastructure needs and reduce the country’s large account surplus, the International Monetary Fund has said.
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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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28 Apr 16
A $2bn and rising funding gap threatens to hamper the global response to the El Niño weather pattern, the United Nations warned ahead of an appeal meeting earlier this week.