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…
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EU budget
Popular articles tagged "EU budget"
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…
EC defends decision to double its communications budget to €60 million
Politicians from both the Left and Right of the European Parliament have expressed anger at the move, especially since the EC appears to be reducing spending in…
Italy unveils tax-cutting 2024 budget amid debt worries
Italy's government on Monday approved a budget for next year with measures worth around 24 billion euros in tax cuts and increased spending, despite market concerns…
Italy battles for flexible EU budget rules as bond spreads widen
Italy is lobbying its European Union partners with increasing urgency to approve more flexible budget rules, according to government sources, as bond spreads widen…
EU debt now Euro 344 billion: auditors
In its latest report, the European Court of Auditors (ECA) said that errors in the spending of funds taken from the European Union budget "increased significantly…
Inside the EU wallet: Which nations foot the bill and which benefit?
The Cologne Institute for Economic Research has published figures revealing how much cash Member States gave to or received from the European Union in 2022.
EU budget increase will not fuel inflation, EC insists
The decision to increase the European Union's multiannual budget will not fuel inflation within the bloc, the European Commission has insisted.
EU ban on payment for sperm, blood and breast-milk donations moves forward
The European Parliament has approved a draft regulation banning payments for breast milk, sperm, blood and other "substances of human origin" (SoHO).
European Commission hands Turkey €800 million in latest refugee payment
On September 6 and 7, the European Commissioner for Neighbourhood and Enlargement Olivér Várhelyi will visit Turkey to discuss bilateral relations and cooperation,…
Poland presents EU with €1 billion bill for transit of Ukrainian grain
Poland is demanding €1 billion to pay for the infrastructure it says it requires to facilitate the export of Ukrainian grain and other produce through the Polish-Ukrainian…
Italy strikes deal with EU to unlock third tranche of recovery fund
Italy and the European Union have agreed on a deal that will unlock a long overdue third instalment of Recovery Fund cash, with some of the money and targets pushed…