About: budget

Economy & Jobs 22-01-2019

Eurogroup kick off race for ECB chief economist, Ireland’s Lane puts name forward

Ireland presented Philip Lane’s candidacy as chief economist at the European Central Bank on Monday (21 January), as the Eurogroup opened calls for nominations in a relaxed first session of the year. 
Economy & Jobs 27-12-2018

Macron had ‘lost authority’ by exceeding deficit limit, Oettinger said

France president Emmanuel Macron "lost authority" by releasing a budget draft which would exceed the EU's 3% deficit limit, Budget Commissioner Günther Oettinger said on Thursday (27 December) in an interview.
Economic governance 19-12-2018

EU freezes budget disciplinary procedure against Italy

The solution offered to the European Commission is not ‘ideal’ but Italy's efforts are sufficient to avoid the launch of the excessive deficit procedure, the EU executive announced on Wednesday (19 December).
Economic governance 30-11-2018

Italy one step closer to EU budget procedure

Italy’s deputy Prime Minister Luigi Di Maio said he was confident about ongoing talks with the European Commission over the country’s budget, despite a fresh recommendation by EU government representatives on Thursday (29 November) to open an excessive deficit procedure against Italy.
Economic governance 25-11-2018

Commission ‘not at war’ with Italy, Juncker says

The European Commission has no plan to start a war with Italy over its budget, Commission President Jean-Claude Juncker said a day after a working dinner with Italian Prime Minister Giuseppe Conte on Saturday (24 November). But Rome confirmed that the main reforms included in the disputed budget will stay unchanged.
Brexit 23-11-2018

Katainen on Brexit: We have to take Spain’s concerns very seriously

Member states share Spain's concerns over the future relationship with Gibraltar after Brexit, Vice-President of the European Commission for Jobs, Growth, Investment & Competitiveness Jyrki Katainen told EURACTIV.com in a long interview where he addressed all the pressing challenges the EU is currently facing.
Economy & Jobs 19-11-2018

Eurozone budget to be ready by 2021 say France and Germany

France and Germany's finance ministers on Monday (19 November) presented their proposal on establishing a eurozone budget by 2021, describing it as a "major political breakthrough".
Economy & Jobs 14-11-2018

Parliament urges Council to start negotiating on next EU long-term budget

The European Parliament laid down funding priorities for the next long-term EU budget on Tuesday (13 November) and urged the Council to agree on a common position so that talks be completed before next May. But differences still remain about the level of member states' contributions.
Economy & Jobs 24-10-2018

Wealth researcher: ‘GDP growth doesn’t affect French people’s happiness’

As the debate on the French finance bill for 2019 kicks off, the discussion will focus on growth. Once again, the French government has failed to publish its assessment of the new wealth indicators on time. EURACTIV France reports.
Economy & Jobs 18-10-2018

Italy’s ‘unprecedented’ breach of fiscal rules clouds euro summit

Euro-area leaders agreed on Thursday (18 October) to accelerate the work to bolster the monetary union as the European Commission questioned half a dozen member states’ efforts to balance their public accounts, particularly Italy.
Politics 26-09-2018

Moscovici: Eurozone needs a budget to counter populism’s ascent

The European Union's answer to stop a rise of populist politics within its borders must start with a budget to help bind its members closer together and address economic inequality that tears at its seams, one official said on Tuesday.
Economy & Jobs 18-06-2018

German politics risks affecting eurozone reform

The leaders of France and Germany’ will meet in Berlin on Tuesday (19 June) for a preparatory summit ahead of the European Council at the end of the month. But the two countries continue to hold different views on the subject of the economy. EURACTIV.fr reports.
24-05-2018

Commission proposes 3% EU budget hike for 2019

With negotiations on the next long-term financial framework around the corner, the European Commission presented on Wednesday (23 May) its draft proposal for the 2019 EU budget with a 3% increase compared to 2018, a proposal backed by Parliament.
Economic governance 14-03-2017

French economist: ‘German trade surplus responsible for eurozone inequity’

The economic imbalances of the eurozone are undermining citizens’ confidence in the European project. Cutting Germany’s trade surplus could help redress the balance, Jérôme Creel said in an interview with EURACTIV France.
Brexit 23-11-2016

Brexit slams brakes on British growth

Brexit will cause Britain's economic growth to slow sharply and blow a hole in government finances that will require it to borrow an extra £122 billion [€143 billion] over five years, a gloomy budget update revealed today (23 November).
Euro & Finance 09-11-2016

Italy and Spain: A tale of two deficits

While Italy has opted for a confrontational approach to clinch budget spending leeway from the European Commission, Spain is hoping that better-than-expected growth will placate EU demands.
16-08-2016

Italy to seek new EU deal to keep economy on track

Italy is to seek a new deal with the European Union to allow it to kickstart its stalling economy with an expansionary 2017 budget, a government minister said on Saturday (13 June).
Digital 24-03-2016

Cash-strapped EU cybersecurity agency battles Greece to close expensive second office

The EU cybersecurity agency ENISA just won support from MEPs in a drawn-out battle with the Greek government over its costly division between two offices in Athens and Crete.
Euro & Finance 04-02-2016

Portugal bows to EU pressure to lower budget deficit

Portugal has agreed to lower its 2016 budget deficit and growth forecasts following pressure from the European Commission, a government official told AFP Wednesday (3 February). 
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Euro & Finance 09-12-2015

Targeted spending and checks with performance-based budgeting

The EPP Group votes on a position paper in Prague this week on how to better spend and verify effectiveness with Performance-based Budgeting.
Euro & Finance 17-11-2015

Spain overtakes France as the eurozone’s problem child

France’s budget deficit is unlikely to fall below 3% of GDP by 2017. But the deterioration of Spain's public finances may save Paris the worst criticisms. EURACTIV France reports
Euro & Finance 06-11-2015

Germany set to face difficult financial year in 2016

Wolfgang Schäuble is hopeful that his country will be able to stay in the black for 2016, despite the current “uncertain environment”. EURACTIV’s partner Tagesspiegel reports.
Euro & Finance 13-10-2015

Commission calls on Rajoy to meet deficit targets before elections

The Spanish government is “somewhat optimistic” about its growth forecast for 2016. Therefore, Madrid should make additional efforts to meet its deficit targets for 2015, as well as next year, the European Commission said on Monday (12 October).
Richard Ashworth, UK MEP for the European Conservatives and Reformists (ECR)
Euro & Finance 02-12-2014

EU spending needs an independent watchdog

You will not find many people in Brussels arguing that the EU's budgetary procedure works well. The latest collapse of talks between the parliament and council on the 2015 budget highlight the need for reform, writes Richard Ashworth.

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