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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.
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28 Apr 16
Nigeria has urged the World Bank to help ensure the swift repatriation of $320m in stolen Nigerian funds currently being held in Switzerland.
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26 Apr 16
The European Commission has proposed an additional €414m to alleviate food crises sparked across the globe by a strong El Niño.
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25 Apr 16
The European Union is to deliver a €105m grant to Nepal, pledged in June last year, a few months after the small Asian nation was hit by a devastating earthquake.
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25 Apr 16
Over twenty more nations will share details on the true owners of secretive companies after joining up to the anti-tax evasion initiative headed by Europe’s five largest economies.
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22 Apr 16
The historic climate change agreement reached in Paris last December has been formally ratified at the United Nations today, marking the first step towards putting the deal into practice.
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19 Apr 16
The European Commission is not strict enough in enforcing rules intended to keep the bloc’s public finances in order, the European Court of Auditors has found.
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15 Apr 16
Spain’s industry, energy and tourism minister resigned this morning after his alleged links to an offshore company were exposed in the Panama Papers.
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15 Apr 16
The five largest European economies have agreed on new “hammer blow” measures to crackdown on tax evasion in response to the Panama Papers.
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12 Apr 16
The European Commission today unveiled plans to force tax avoidance by large multinational corporations into the open, after toughening up its proposals in the wake of the Panama Papers.
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11 Apr 16
European Union aid aimed at encouraging regional integration in Africa is poorly managed and badly targeted, according to the by the European Centre for Development Policy Management.
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8 Apr 16
The European Commission has announced plans to modernise and simplify the EU-wide VAT system, make it more fraud proof, and hand greater control of the tax back to member states.
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7 Apr 16
There is “no adequate data” to demonstrate that European Union support for farmers’ incomes makes an effective or efficient contribution, the European Court of Auditors has said.
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6 Apr 16
The European Commission has announced a €100m development package to address the root causes of irregular migration and forced displacement in Sudan.