Tag: Finance ministers

European Union finance ministers are unlikely to decide to cut the number of European seats at the executive board of the International Monetary Fund any time soon, according to EU sources, despite pressure from the United States.

Eurozone finance ministers will put pressure on Greece today (15 February) to fully implement planned budget deficit cuts and avoid any bailout.

The financial and economic crisis pushed EU finance ministers to agree on a deal to apply reduced sales tax on local services such as meals, haircuts and home repairs yesterday (10 March), ending a decade of haggling to help local businesses.

Member states have spoken out in favour of a voluntary code of conduct and a self-regulatory approach towards the hedge-fund industry, but shied away from imposing any further regulation at a meeting on 8 May.

MEPs have approved the EU's budget for 2004 ahead of next year's enlargement, increasing the budget by 2.28 per cent by comparison with 2003.

A new Financial Services Sector Supplement to the Sustainability Guidelines of the Global Reporting Initiative has been issued, containing a set of social performance indicators for the industry.