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30 Mar 23
The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
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15 Mar 23
Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
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22 Feb 23
The Ukrainian government has requested $15bn from the International Monetary Fund to meet immediate spending needs and pay for structural reforms.
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14 Feb 23
The European Union should avoid a further suspension to the bloc’s fiscal rules at the end of this year, a senior official has said.
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17 Jan 23
The Ukrainian government will receive the first tranche of an €18bn European Union support package later this week, after agreeing to loan conditions.
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10 Jan 23
The new Italian government has signalled its intention to keep its fiscal policies aligned with the European Union amid concerns over the eurosceptic administration.
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15 Dec 22
The European Parliament has given the green light to an €18bn loan package to Ukraine, after a veto forced the proposals to be revised.
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13 Dec 22
The European Union is set to suspend more than €6bn of funding for Hungary due to the ongoing dispute over compliance with the bloc’s rule of law regulations.
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7 Dec 22
The Hungarian government has blocked an €18bn European Union package to support Ukraine’s budget and fund the war effort against Russia.
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10 Oct 22
Governments across the European Union have spent more than €100bn on Russian fossil fuels since the nation invaded Ukraine in February, a climate group has said.
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12 Sep 22
The Greek government has unveiled plans to increase state pension payments and the minimum wage, marking the end of a period of budget scrutiny from Brussels the prime minister described as a “...
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7 Sep 22
The European Commission has outlined plans for “solidarity contributions” from fossil fuel companies and price caps on low-carbon energy to support people through the energy crisis.
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6 Sep 22
The European Union must adopt “risk-based” fiscal rules and instruct member nations to strengthen financial institutions to reduce fiscal risks, economists at the International Monetary Fund have...
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1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
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30 May 22
The Polish government wants to dissolve a judiciary body at the heart of a dispute with the European Union, in the hope that doing so will help it secure funding.
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20 May 22
European Union countries must reverse years of underinvestment in defence and increase collaborative spending in response to the new security situation after Russia invaded Ukraine, the bloc’s...
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17 Mar 22
The European Council has agreed an approach for partner countries to apply carbon tariffs on good entering the bloc to help fight climate change.
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23 Feb 22
The European Union has strengthened sanctions against Myanmar, including freezing the assets of a state-owned gas company, following a military coup last year.
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18 Jan 22
The European Union has set an initial €1.5bn budget for humanitarian aid in 2022, to help support crises worsened by natural disasters and climate change.
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17 Nov 21
The European Union has agreed in principle a €170bn budget for 2022, to help fund the region’s recovery from Covid-19.
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26 Oct 21
The level of error in spending from European Union member nations is still substantial and requires more vigilant financial management, according to the organisation’s watchdog.
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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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30 Mar 21
The European Union rescue fund aimed at allocating finance to member countries funded by common debt is compatible with EU treaties, Spain’s central bank chief said this week.
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22 Mar 21
Elevated debt levels resulting from the Spanish government’s Covid-19 underwriting of business loans, could put stress on its future credit rating, according to ratings agency Standard and Poor’s.
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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.