Italy won’t reduce vast debt pile anytime soon, IMF warns
Italy will now still be stuck with a debt burden above 140 per cent of gross domestic product even in five years’ time, according to the International Monetary…
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Popular articles tagged "EU debt"
Polish currency at risk from proposed EU treaty changes, says central bank chief
Proposed Treaty change “would mean the liquidation of the zloty, the end of our national currency, the end of our independence and the end of our own monetary…
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…
Euro set for record run of losses as ECB seen done raising rates
The euro was headed for the longest streak of losses since its inception on bets the European Central Bank is done raising interest rates.
Ministers call for EU-wide taxes to fund green agenda, rebuilding Ukraine
European Union ministers from a number of national governments have called for the establishment of new pan-European taxes to fund the bloc's “green” agenda,…
Big spender Brussels ‘on its way to 300 per cent debt’
The Brussels-Capital Region risks being mired in enormous debt, according to a study by the University of Namur.
European Commission urges Germany not to dig in on stricter EU debt rules
European Economy Commissioner Paolo Gentiloni urged governments to set aside rigid positions on the reform of the bloc’s debt rules and seek common ground as the…
Eurozone enters recession
The Eurozone is officially in recession, according to data released by Eurostat on June 8, after the 20-nation bloc suffered two consecutive quarters of economic…