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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.
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9 Feb 21
A pilot scheme to support companies trialling a four-day week for their employees is set to begin in Spain, with €50m of backing from the government.
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2 Feb 21
The European Union must rethink its strategy for getting people out of poverty after failing to meet its own targets during the past decade, a United Nations official has said following a visit to...
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22 Jan 21
The climate credentials of the European Investment Bank, the EU financing arm, have been questioned by campaigners who say it has more to do to meet its green ambitions.
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14 Jan 21
Providing homeless people with immediate access to housing would have saved the French government vast sums of funding in recent years, a report from the country’s national audit office has found.
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6 Jan 21
Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
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17 Dec 20
Eurozone government debt as a proportion of the economy has ballooned by nearly one-fifth amid the Covid-19 pandemic, according to a statement from the group’s finance ministers.
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17 Dec 20
A €17.5bn fund for regions in the EU that are heavily dependent on fossil fuels has been agreed by negotiators from the European Council and the bloc’s parliament.
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11 Dec 20
A €1.8trn financial package intended to see the European Union through the pandemic-related economic crisis has been ‘unblocked’, after a compromise was reached with Poland and Hungary, which had...
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20 Nov 20
Germany should not let its rising debt stop it from taking “vigorous policy action” to mitigate the economic effects of Covid-19, the IMF has said after a visit to the country.
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19 Nov 20
Eurozone governments should continue spending into 2021 to help the economy recover from Covid-19, the European Commission has said – while warning that recovery “depends” on the approval of the...
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10 Nov 20
EU spending was impacted by too many errors, particularly in high-risk areas, the European Court of Auditors’ annual report for the 2019 financial year found.
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5 Nov 20
Countries that disrespect the rule of law and democracy risk losing access to EU funds, following a deal made between European Parliament and Council negotiators.
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5 Nov 20
A rare drop in corporation tax receipts in Ireland shows they cannot be relied upon in the future, the Irish finance minister has said.