According to the study commissioned by SOLIDAR, a European network of Civil Society Organisations, and published on Wednesday (13 November) social inequalities have increased in the aftermath of the crisis and unemployment rates are still too high.
While the public finances of all EU member states are now officially out of the “red zone”, the European Commission on Wednesday (5 June) still had tough economic policy recommendations for Spain, Italy, Belgium, Greece and Germany.
Greek lawmakers approved on Tuesday (18 December) the country's first post-bailout budget which projects a high primary surplus next year and sees a pick-up in economic growth.
Italy has done a deal with the European Commission over its contested 2019 budget, a spokeswoman at the Economy Ministry said on Tuesday (18 December), signaling an end to weeks of wrangling that had shaken financial markets.
Reforming the rules for coordinating budgetary and economic policies in the eurozone is a necessity to conciliate economic, social and climate objectives, write Olivier Bodin and Michael Vincent.
The German Bundestag adopted the national 2019 budget with the votes of the 'Grand Coalition' last Friday (23 November), with expenditure reaching a record €356 billion and a particular rise in defence spending. Nevertheless, Finance Minister Olaf Scholz has managed to avoid creating any new debt. EURACTIV Germany reports.
The European Commission has no plan to starting a war with Italy over its budget, Commission president Jean-Claude Juncker said the day after a working dinner with Italian prime minister Giuseppe Conte on Saturday (24 November). But Rome confirmed that...
Italy and the European Commission will work in the coming days to bring closer their positions on Italy's 2019 draft budget, which the EU executive says breaks EU laws by not reducing the country's huge public debt.
The Commission hedged its bets and called for the opening of an excessive deficit procedure against Italy on Wednesday (21 November) as Rome refused once again to revise its draft budget plan. The bloc's top finance chief said that "dialogue and cold b...