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Economy

Italy stands firm against EU in budget dispute

Italy is standing firm in its plans to ramp up public spending, keeping alive a dispute with the European Union, which is worried the budget would increase the country's high debts.

Oct 22, 2018

The Latest: EU official tries to calm Italian budget dispute

The EU's budget chief says that the European Commission won't interfere with Italy's economic policies and called for disagreements over the draft budget to be resolved in an "intelligent and serene...

Oct 19, 2018

The Latest: EU voices concerns over Italy's budget deficit

The European Commission has chastised Italy for a spending plan that will triple its deficit from what was previously agreed, calling the deviation "unprecedented in the history" of the EU's...

Oct 18, 2018

European and Asian leaders to boost ties, trade, security

After failing to reach a breakthrough on Britain's divorce terms from the European Union, EU leaders are rolling straight into another summit Thursday, this one aimed at forging closer links with Asia

Oct 18, 2018

The Latest: May says UK, EU need 'courage, trust' on Brexit

British Prime Minister Theresa May has told her 27 European Union counterparts that the U.K. and the EU both need to show "courage, trust and leadership" to settle their remaining differences and...

Oct 17, 2018

US criticizes EU for moving too slowly in trade talks

U.S. Secretary of Commerce Wilbur Ross is criticizing the EU for moving too slowly in trade talks and is warning that President Donald Trump's patience with the Europeans might soon run out

Oct 17, 2018