About: economic imbalances

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EU Priorities 2020 15-05-2013

Economic and Financial Affairs press conference – April 2013

European Union finance ministers approved a €7.3-billion increase in the bloc's spending for 2013 on Tuesday (14 May), as part of a deal to unblock talks on the EU's next long-term budget. EU ministers also negotiated agreements on updated EU-wide rules on the taxation of savings.
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Economy & Jobs 11-04-2013

EU warns Spain, Slovenia over troubled economies

Brussels has warned Spain and Slovenia to take urgent steps to address their deepening economic problems or face a fine at the end of the month. Under the current rules, the EU can punish countries that do not correct excessive imbalances with a fine of 0.1% of their GDP. The warning came after the European Commission unveiled on Wednesday its second review of economic imbalances in 13 EU countries.