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14 Sep 21
High-spending European governments managed the Covid-19 shock “very well”, despite suffering the worst recession in the EU era, the head of the OECD has said.
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13 Sep 21
Eight European finance ministers are preparing to push back against efforts to loosen the EU’s attitude to debt and deficits, stressing the importance of “sound public finances”.
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8 Sep 21
Poland faces the prospect of daily fines as European Union leaders step up their efforts against a controversial process to discipline judges.
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6 Sep 21
Greek officials have called for each European Union country to be given tailor-made debt targets, calling the current blanket fiscal rules “practically inapplicable”.
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31 Aug 21
Austria’s finance minister has urged his European Union counterparts to reduce their high levels of spending as the economic rebound from Covid-19 continues.
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30 Jul 21
European Union fiscal rules need to allow for stronger public investment to drive growth in the coming years, the European Commission’s economics leader has said.
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16 Jul 21
Plans for a 'green tariff' on carbon-intensive goods entering the European Union risk leaving developing countries at a disadvantage, a report has warned.
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13 Jul 21
The European Commission has put plans for an online sales tax on hold following the G20’s endorsement of a global corporation tax deal and pressure from the US.
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6 Jul 21
France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
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23 Jun 21
Huge government spending amid the Covid-19 crisis and an unambitious deficit reduction plan will leave France’s public finances lagging behind its eurozone peers, the country’s national audit body...
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22 Jun 21
Emissions in the European Union's agriculture sector stayed the same despite more than a quarter of European Union spending on the sector being allocated to environmental projects between 2014 and...
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14 Jun 21
Counterfeit or poor quality medical equipment proliferated in Europe amid the Covid-19 pandemic, according to the European Union’s anti-fraud bureau.
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8 Jun 21
Italian government debt reached a record by the end of 2020 and will only fall marginally by the end of the decade, according to rating agency Fitch’s projections.
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2 Jun 21
The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
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2 Jun 21
A newly created public prosecutor has begun work to reduce the €460m of fraud that affects European Union spending in a year.
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28 May 21
Nearly a third of the European Union’s long-term budget will likely be used to reduce economic and social inequality within the bloc, after leaders formally adopted a €330bn package of support.
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20 May 21
The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
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27 Apr 21
Portugal has become the first European Union member to officially submit its final Covid-19 recovery plan to Brussels, as the bloc’s pandemic rescue fund inches closer to fruition.
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23 Apr 21
The European Commission has a poor understanding of the value for money provided by its expensive space programmes due to flawed methodology, according to the European Union’s spending watchdog.
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19 Apr 21
Rising debts and the differing strength of public finances across eurozone countries make reforming European fiscal rules more challenging, ratings agency Fitch said in a report.
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15 Apr 21
Efficiently shifting workers from unviable parts of the economy to growth sectors will halve medium term scarring to the European economy after Covid-19, according to a leading IMF official.
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13 Apr 21
Greece’s public debt rose to 207% of GDP at the end of 2020 but remains on a sustainable footing, according to ratings agency Fitch.
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16 Mar 21
The eurozone’s relaxation of its debt and spending rules should continue into next year, the bloc's finance ministers have said.
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9 Mar 21
Italy has made Europe’s largest ever green bond debut, joining a growing trend of environmental issues on the continent as governments try to stick to their Paris Agreement commitments on reaching...
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18 Feb 21
Governments need to be on their guard against fraudulent offers of Covid-19 vaccines, the EU’s fraud watchdog has warned amid its inquiry into the illicit trade of pandemic-related goods.