#Budget

US Treasury Secretary Janet Yellen (L) meets President of the Eurogroup, Paschal Donohoe, during the G7 finance ministers meeting in London on June 5, 2021. Photo: Alberto Pezzali / Pool
US Treasury Secretary Janet Yellen (L) m... […]

Global minimum tax still far from becoming reality

After the accolades, an agreement among the world's wealthiest countries to set a global minimum tax on the biggest companies now faces a long, bumpy road to implementation
Combination of pictures created on January 12, 2021 shows a file photo taken on October 2, 2020 of Italian PM Giuseppe Conte at The European Council Building in Brussels (L) and then former Italian PM, Matteo Renzi, on March 5, 2018 at the PD headquarters in Rome.
Combination of pictures created on Janua... […]

Virus-hit Italy faces political crisis over EU recovery plan

Italy is facing a fresh political crisis after weeks of turmoil in the coalition government came to head in a row over how to spend billions of euros in EU coronavirus recovery funds
ILlUSTRATION - Eine Euro-Münze. Die Euro-Finanzminister haben ihre Gespräche zum umstrittenen Eurozonenbudget vorerst abgeschlossen. Es gebe Fortschritte, hieß es in der Nacht zum Donnerstag (10.10.2019) aus Verhandlungskreisen in Luxemburg.
ILlUSTRATION - Eine Euro-Münze. Die Eur... […]

Hungary, Poland veto EU budget decision

The two countries have blocked approval of the EU's long-term budget. The spending plans also include a €750-billion coronavirus rescue package.
A shopper wearing a protective mask buys fruits in a Paris' district market on May 12, 2020, after France eased lockdown measures taken to curb the spread of the COVID-19 pandemic, caused by the novel coronavirus. (Photo by FRANCK FIFE / AFP)
A shopper wearing a protective mask buys... […]

Eurozone GDP up 12.7% in Q3, biggest quarterly rise

Eurozone output soared by 12.7 percent in the third quarter as the bloc bounced back from the depths of the coronavirus lockdown, according to the Eurostat statistics agency
Thousands of Spanish flags, representing the Spanish victims of COVID-19, are pictured on Patacona beach in Valencia, on October 4, 2020. - Spain has so far claimed more than 32,000 lives and 790,000 infected in the highest infection rate in the European Union. (Photo by Jose Jordan / AFP)
Thousands of Spanish flags, representing... […]

Spain hopes to create 800,000 jobs with economic rescue plan

Spain's government has unveiled an EU-funded recovery plan aimed at creating over 800,000 new jobs and yanking the country out of its worst economic slump in decades