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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Belgium has asked the European Commission for a new delay on its obligation to present a budget plan as coalition talks drag on.
Hungary will permanently lose €1 billion in European Union funds that had to be allocated by the end of 2024 or be lost.
Former European Commissioner of Justice Didier Reynders, being investigated for alleged possible money laundering, earns a double pension, it has been revealed.
The European Union announced on November 14 it had for the first time financed the joint purchase of weapons.
The European Commission has rejected Poland’s request for defence spending to be excluded from calculations in relation to the country’s budget deficit.
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.
While the allowable threshold is 2 per cent, the error rate has risen to almost three times this number, namely 5.6 per cent.
Germany's dodgy infrastructure spending has been put under the spotlight after politicians in the country used similar examples to claim Hungary was corrupt.
The commission would lay out goals and reforms. Only when these are sufficiently adhered to would the countries receive their money.
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…
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…
The European Council has adopted three pieces of legislation designed to reform the European Union’s economic and fiscal governance framework.
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.
The Polish finance ministry said it expected the European Commission to initiate a so-called excessive deficit procedure (EDP) against the country.
“EU debt is politically attractive. Economically, however, it creates the wrong incentives, especially for highly indebted Member States,” researchers say
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…
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…
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'…
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 meet European Union demands to amend controversial laws on asylum seekers and on restricting LGBTQ content, a senior minister said, making it less…
Splits in the pro-EU European Parliament coalition are emerging after the Green Group broke ranks to oppose the bloc's proposed budget reforms.
This year alone the EU is liable to take a £27 million (€31.
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…
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 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.
The European Union has not been properly monitoring the potentially fraudulent use of cash sent to Ukraine, MEPs have said
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.
The European Public Prosecutors Office (EPPO) said that the European Union budget lost more than €5 Billion in misused funds.
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…
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…