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).
EU finance ministers are likely to let Britain pay a hefty new bill to Brussels in interest-free installments, but rule out any reduction in the surcharge, triggered by historic revisions to national income data, officials said on Wednesday (5 November).
Pierre Moscovici and Jyrki Katainen painted a picture of a weakened European economy yesterday. Their economic forecast for France is significantly less optimistic than that provided by the French government: they expect France to be the EU's most indebted member state in 2016. EURACTIV.fr reports.
The eurozone is struggling to revive itself, and may slip into recession in the next two years, slowing down the global economic recovery, according to the French Economic Observatory (OFCE). EURACTIV.fr reports.
The Bundestag's 2015 budget plan includes a €1.8 million increase in funds for development cooperation. However, civil society organisations are criticising the sum as being marginal, calling for a considerably larger increase. EURACTIV Germany reports.
The German aid organisation World Vision fears that newly-escalating conflicts threaten to overshadow growing need in Syria, following German government plans to spend less on humanitarian aid in the region. EURACTIV Germany reports.
Between 2009 and 2011, health spending per capita fell in one out of three OECD countries, with those hardest hit by the crisis most affected, according to a new report by the influential Paris-based think tank, published today (21 November).
France has tried to find a common approach with the European Commission on budgetary issues at a meeting with several EU and national officials earlier this week in Paris, in preparation for next year's budget.
Several eurozone countries are likely to miss deficit cutting targets because of a weak economy, the European Commission is expected to forecast today (22 February), but they may be granted extra leeway rather than face disciplinary action.
EU staff members went on strike on Wednesday (21 November) to protest against proposals to axe €80 billion from the EU's proposed budget for the period 2014-2020. The protest was especially targeted at British Prime Minister David Cameron's role in the negotiation, ahead of a special EU summit dedicated to the bloc's long-term budget.
MEPs are urging EU ministers to prepare a roadmap for ending the European Parliament's costly shuttle between its seats in Brussels and Strasbourg, in a resolution on the 2013 budget adopted Tuesday (23 October).
Thousands of demonstrators marched through Paris yesterday (30 September) against a European fiscal pact, the first major display of public anger to face President François Hollande since his May election.
Danish prime minister Helle Thorning-Schmidt might have to call an election later this year as her centre-left government has lost support from the Red-Green Alliance, whose votes are needed to keep her in power.
The European Parliament approved yesterday (13 June) an economic governance package that foresees setting up a redemption fund to help countries in financial trouble and gives more power to the EU to control national budgetary and economic policies. That gives a clear mandate to start negotiations with EU ministers that are expected to last for months.
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