# Budget

A Euro currency sculpture, part of a lifesize Game of the Goose set up in the courtyard of the Economy and Finance Ministry in Paris, on September 18, 2016. Photo: Jacques Demarthon / AFP
A Euro currency sculpture, part of a lif […]

Brexit punches 12-bln-euro hole in EU finances

When Britain leaves the EU at midnight on Friday the bloc will lose the second-biggest net contributor to its budget, leaving a 12-billion-euro ($13-billion) hole in its finances
Olaf Scholz (SPD, l), Federal Minister of Finance and Bruno Le Maire (r), French Minister of Economics, will hold a joint press conference after the Eurogroup meeting. At the meeting on Friday night, the finance ministers of the euro countries made progress on the controversial euro zone budget. Photo: Arne Immanuel Bänsch/dpa
Olaf Scholz (SPD, l), Federal Minister o […]

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.
The illuminated sculpture of the Euro currency stands in front of the office highrise of the European Central Bank (ECB) in Frankfurt Main, Germany, 8 January 2014. The monetary watchdogs of the ECB have met to discuss issues on the policy for the European currency for the first time in 2014 on 9 January 2014. Photo: Arne Dedert/dpa/archive
The illuminated sculpture of the Euro cu […]

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.