Reduction of public debt should be the main priority for France, Italy, and Spain, which have "failed to put their finances in order" during the economic upswing of recent years, the European Commission warned on Wednesday (20 November) at the presenta...
The European Commission concluded on Wednesday (3 July) that Italy was no longer breaching the EU’s fiscal rules after the government reduced public spending by €7.6 billion in a last-minute effort to escape a sanction procedure.
The next European Commission should make curbing aviation emissions a priority in its work programme for the next five years, according to lawmakers at a special summit on Thursday (20 June) dedicated to taxing flights.
Group of 20 finance ministers agreed on Sunday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final communique issued by the bloc showed on Sunday (9 April).
European Commission will urge finance ministers on Friday (17 May) to agree on a floor to corporate taxation, as part of a strategy to shape the ongoing global debate on tax matters, according to documents seen by EURACTIV.com
As the deadlock over the UK's exit from the EU continues, the bloc has stepped up its preparation for a no-deal Brexit, in particular in the customs area, as border checks will become necessary "overnight" if the UK crashes out without a deal.
The targets of budget surpluses imposed by lenders on Greece as part of its bailout terms were not realistic and will have to be changed, EU economics affairs Commissioner Pierre Moscovici said on Thursday (28 February). EURACTIV Greece reports.
Euro area economy is expected to slow down more markedly than initially expected, because of the impact of increasing risks, including a disorderly Brexit, and external tensions primarily driven by the US-China trade war.