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
The European Union Commission has planned to pay out billions of euros as loans for workers affected by the corona virus pandemic, as part of the EU's recession recovery plan.
One of the biggest gambles of the 750 billion-euro coronavirus recovery package agreed by the EU is the idea that Brussels will be able to raise new taxes and levies across Europe to pay for it
The European Union's 27 member states emerged from an intense four-day and four-night summit brandishing a huge coronavirus recovery plan and a trillion-euro long-term budget
Normally perceived as team players, Sweden and Denmark have found themselves playing the unaccustomed role of outliers in EU politics, blocking the widely backed COVID-19 recovery plan
Irish finance minister Paschal Donohoe has been picked as the new president of the Eurogroup, a key role as Europe sits in the depths of its deepest recession since World War II