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20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
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31 May 22
One-third of European Union spending reported as being related to the climate was in fact irrelevant, a report has found, meaning the bloc missed its goal in the most recent budget period.
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5 May 22
The European Commission has proposed a complete ban on importing Russian oil in response to the continuing war in Ukraine, but face warnings it could harm the European economy more than Russia’s.
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11 Apr 22
Poland has blocked the European Union’s effort to adopt a minimum corporate tax rate agreed by 137 countries last year over concerns the move would risk making the tax system less fair.
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22 Mar 22
The European Union is considering setting up a fund to “provide basic services and meet citizens’ immediate needs” in the face of the ongoing invasion by Russian troops, a top official has said.
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10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
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4 Feb 22
The re-election of Sergio Mattarella as Italian president has been tipped by a ratings agency to help keep the country stable and increase the chances of unlocking EU Covid-19 recovery funding.
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13 Dec 21
Poland’s justice minister has said the government could halt contributions to the European Union budget if officials in Brussels cut funding for Warsaw amid a battle over the rule of law.
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10 Dec 21
European Union countries must be able to invest in ‘greening’ their economies under new fiscal rules, the head of the International Monetary Fund has said.
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25 Oct 21
Moldova and the International Monetary Fund have agreed a reform programme to help authorities maintain the economic recovery amid the threats of inflation and a possible resurgence of Covid-19 cases.
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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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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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15 Sep 20
Fraudsters are increasingly targeting EU climate funds, the European Union’s anti-fraud office has warned.
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28 Nov 19
The EU now meets “high standards of accountability and transparency when spending public money”, the European Court of Auditors has concluded.
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18 Nov 19
North Macedonia, which hopes to join the European Union, still has a large income gap with the EU, the IMF said.
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10 Oct 19
Auditors have issued a qualified opinion on EU expenditure for the third year running after finding errors relating to over €4bn in payments.
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2 Oct 19
Boris Johnson’s ‘two borders’ plan for Northern Ireland after Brexit appeared to be rejected by Ireland and the EU before he even made his speech.
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24 Sep 19
EU staff reforms saved billions but led to “negative consequences” that could have been mitigated, auditors have said.
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16 Sep 19
Reducing health inequality across Europe would produce financial benefits to countries of between 0.3% and 4.3% of gross domestic product, a report from the World Health Organization has said.
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2 Sep 19
Romania’s economy grew in strength last year but macroeconomic imbalances could leave it vulnerable to shocks, the International Monetary Fund has warned.
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30 Aug 19
EU finance ministers will meet to discuss energy taxes and other moves to try to fight the threat of climate change next month.
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1 Jul 19
Global efforts to reform massive state aid to farmers worth $528bn per year have largely stalled, says the OECD.
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25 Jun 19
Denmark has been praised by the IMF for the consistently strong performance of an economy that prizes social inclusion.
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25 Jun 19
The UK government has swiftly brought in measures to stop a renewable energy sector tax fraud - one of a range of scams costing EU states an estimated €50bn each year.