Government Business And Finance

Eurozone nations sharply criticize Italian spending plan

Oct 1, 2018

Eurozone nations put Italy under immediate pressure over what they see as budget proposals which would pile on even more debt on its own citizens and skirt the rules of good fiscal housekeeping among the 19 nations sharing the currency

EU offers an extra $46 million to Palestinian refugee agency

Sep 28, 2018

The European Union says it's offering an extra $46 million to the U.N. Palestinian refugee agency to help educate children and provide health care in the West Bank and Gaza Strip

Italian stocks slide on populist government's spending plans

Sep 28, 2018

Italy's stock market has plunged after the new populist government announced a sharp public spending increase that will push the budget deficit to 2.4 percent of gross domestic product next year

Markets unnerved by questions around Italy's public finances

Sep 27, 2018

Tensions surrounding the spending plans of Italy's new populist government are weighing on the country's stocks and bonds.

Italian budget to promote growth, not seek austerity

Sep 26, 2018

Italy's economy minister says that the first budget by Italy's new government will include a basic income scheme sought by one of the main governing parties

Czech central bank again lifts key interest rate

Sep 26, 2018

The Czech Republic's central bank has raised its key interest rate for the third time since June, by a quarter point to1.50 percent.

EU takes action against UK over customs duties

Sep 24, 2018

The European Union is taking further legal steps against Britain over its alleged failure to effectively prevent customs duties fraud, which is hurting the EU's budget.

EU opens investigation into how Amazon uses data

Sep 19, 2018

EU authorities open preliminary antitrust investigation into Amazon

EU: Luxembourg did not give selective tax deal to McDonald's

Sep 19, 2018

The European Union has ruled that Luxembourg did not give the U.S. fast food giant McDonald's a special sweet tax deal and that the non-taxation of some of its profits did not amount to illegal state aid

EU rules that Luxembourg did not give selective tax deal to McDonald's, clears it of state aid infraction

Sep 19, 2018

EU rules that Luxembourg did not give selective tax deal to McDonald's, clears it of state aid infraction

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