Belgium, without a government, asks EC for another budget plan delay
Belgium has asked the European Commission for a new delay on its obligation to present a budget plan as coalition talks drag on.
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Popular articles tagged "EU budget"
Hungary loses €1 billion in EU funds for ‘political reasons’
Hungary will permanently lose €1 billion in European Union funds that had to be allocated by the end of 2024 or be lost.
Reynders gets double pension, gross worth €12,629 per month
Former European Commissioner of Justice Didier Reynders, being investigated for alleged possible money laundering, earns a double pension, it has been revealed.
No longer a peace project: EU approves first collective arms purchase
The European Union announced on November 14 it had for the first time financed the joint purchase of weapons.
EC rejects Poland’s plea to exclude defence spending from budget-deficit figures
The European Commission has rejected Poland’s request for defence spending to be excluded from calculations in relation to the country’s budget deficit.
Cities and regions on warpath against Brussels over EU funds centralisation
Local governments across the European Union are on the warpath amid attempts by Brussels to further centralise its control over cities and regions in the EU.
Auditors scold EU spiralling error rate in spending and EU debt of €458.5 billion
While the allowable threshold is 2 per cent, the error rate has risen to almost three times this number, namely 5.6 per cent.
Pot, black: Germany’s dodgy infrastructure leaves no space to attack Hungary’s spending
Germany's dodgy infrastructure spending has been put under the spotlight after politicians in the country used similar examples to claim Hungary was corrupt.
Von der Leyen plans power grab via EU funding mechanism reform
The commission would lay out goals and reforms. Only when these are sufficiently adhered to would the countries receive their money.
Italy sees ‘beach-umbrella protest’ as licence row resurfaces
Italy's balneari (beach managers) closed their umbrellas for a few hours on August 9 in a symbolic protest against the government's failure to resolve a dispute…
Macron calls for doubling EU budget amid plummeting support
The union needs "between €650 and 1,000 billion per year more" a year to invest in defence and decarbonisation, Macron said, arguing that "we must succeed in doubling…
European Council adopts fiscal reform with new rules for budgets and debts
The European Council has adopted three pieces of legislation designed to reform the European Union’s economic and fiscal governance framework.
Head of EU’s EIB lending arm calls for spending cap to be scrapped
The head of the European Union's EIB lending arm has called on the bloc's member states to scrap a spending cap currently imposed on the development bank.
EC set to target Poland over excessive debt, Warsaw warns
The Polish finance ministry said it expected the European Commission to initiate a so-called excessive deficit procedure (EDP) against the country.
‘Opaque’ EU debt mountain growing, German study warns
“EU debt is politically attractive. Economically, however, it creates the wrong incentives, especially for highly indebted Member States,” researchers say
Can the EU’s strategic ambitions survive its looming fiscal cliff? Without something giving, Europe won’t be able to fund and arm Ukraine
The leaders of Poland, Germany and France met earlier this month in an attempt to revive the Weimar Triangle, an attempt to coordinate defence policies that previously…
EC withholds some UN funds for Palestine but ups overall aid budget
The European Commission will hold back part of a payment of €82 million for the United Nations Palestinian refugee agency (UNRWA) - but increase overall aid…
EU shifts budget priorities from climate to defence as Ukraine takes centre stage
The European Union's budget priorities are shifting rapidly away from solar cells to bullets as the Ukraine conflict replaces the stalled Green Deal in leaders'…
‘EU will hurt Hungary if it blocks further Ukrainian aid’
Secret documents show the European Union is planning to intentionally damage Hungary's economy if the country decides to reject more funding for Ukraine at an upcoming…
Hungary won’t amend asylum, LGBTQ laws for EU funds
Hungary won’t meet European Union demands to amend controversial laws on asylum seekers and on restricting LGBTQ content, a senior minister said, making it less…
EU budget clampdown risks ‘economic and democratic suicide’ Green Group leader warns
Splits in the pro-EU European Parliament coalition are emerging after the Green Group broke ranks to oppose the bloc's proposed budget reforms.
Bitter pill: EU faces possible €465 million hit for empty London offices
This year alone the EU is liable to take a £27 million (€31.
After a top EU job, Mr De Croo?
De Croo, one of the bloc's key leaders since his country took over the rotating EU Presidency, says the EU cannot keep up with increasing demands for funding and…
EU strikes fiscal rules deal with gradual path to cut debt
European Union finance chiefs ended months of wrangling over fiscal rigour to agree on new rules that will aim to rein in debt and define the bloc’s ability to…
Ukraine joining EU may cost bloc up to €190bn, think-tank says
Ukraine joining the European Union would set the bloc's finances back by up to €190 billion over its budgetary term, a German think-tank has claimed.
EU ‘not adequately monitoring potential Ukraine aid fraud’
The European Union has not been properly monitoring the potentially fraudulent use of cash sent to Ukraine, MEPs have said
Just seven Member States meet EU budget rules
Only seven of the European Union's 27 Member States have budgets that meet the bloc's financial probity guidelines, according to the European Commission.
EU lost €5 billion-plus in misused funds, bloc’s chief prosecutor reports
The European Public Prosecutors Office (EPPO) said that the European Union budget lost more than €5 Billion in misused funds.
Council summit: EU budget risks derailment over Ukraine aid
Hungary and Slovakia are opposing the bloc’s proposed €50 billion in financial aid, which is being tied in with the EU's entire budget, known as the Multi-Annual…
Majority of MEPs skip committee meeting on EU spending in Palestine
The majority of MEPs sitting on the European Union's Committee on Budgetary Control (CONT) failed to show up to a meeting with the European Commission's Olivér…