Ministers fall short of finalizing eurozone budget plans
The finance ministers in the Eurozone have agreed on introducing a budget tool for the 19-member states during a lot of negotiations and discussions. However, a lot of issues remain unclear.
EU raises heat on Italy over high debt, deficit
The European Commission has formally put Italy on notice about its deteriorating deficit and snowballing debt, re-opening a political battle with populist-led Rome
Merkel urges Greece to implement refugee pact, embrace Macedonia deal
Merkel's two-day visit came four months after Greece emerged from its third and final bailout package.
EU auditors criticize bloc’s efforts to fight budget fraud
The European Court of Auditors has published a report criticizing the European Commission for their handling of the fight against fraud in EU spending.
Key measures in revised Italian government budget
Italian lawmakers have approved a revised 2019 budget after the populist government's initial plan faced stiff opposition from EU officials and a cool reception in financial markets.
European Commission accepts Italy’s revised budget
Italy and the European Commission have announced a new budget deal after weeks of wrangling over the country's 2019 spending plans.
EU waiting for ‘concrete steps’ from Italy
Italy's leaders have largely stuck to a big-spending budget that they say will produce a deficit of 2.4 per cent in 2019.
Germany, France ‘in fresh push for EU financial transaction tax’
Germany and France will reportedly seek to revive the long-delayed EU financial transaction tax by proposing that member states be allowed to use the revenues to reduce their EU budget contributions.
Brussels rejects Italy budget, paves way for sanctions
Brussels has officially rejected Italy's big-spending budget, clearing the path for unprecedented sanctions and deepening a bitter row with Rome's populist government.
European Commission ups the ante against Italy in budget row
The European Commission has rejected Italy's 2019 spending plan for contravening EU fiscal rules.