About: budgetary instrument for convergence and competitiveness (BICC)

Draghi’s farewell demand: the eurozone budget

Outgoing European Central Bank President Mario Draghi stressed in his farewell press conference on Thursday (24 October) that a truly eurozone budget “with an adequate size" would be the number one issue to fix in the eurozone. 

Gentiloni wins broad approval with ‘ambitious’ EU economic and social agenda

Paolo Gentiloni won the European Parliament's approval on Thursday (3 October) to become EU Commissioner for the Economy, with ambitious plans to unblock tax proposals and to design the European unemployment reinsurance  scheme.

Growing pressure on eurozone economies to launch stimulus

The European Commission and some member states including France followed the ECB in pressing Germany and other countries with fiscal space to invest more to counter the risk of recession.