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EUROPEAN COMMISSION BUDGET
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
World imbalances trouble G-7 in wake of Trump’s China encounterGlobal finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade s...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
EU lawmakers want to tax Big Tech to fund budgetEuropean Union lawmakers are pushing for a bloc-wide tax on major technology firms and online gambling businesses. This move aims to genera...
Keep buying gold on dips; 4 sectors to put your money in now: Jitendra GohilAmidst geopolitical fears, India's market faces a 'buy the dip or wait' dilemma. Expert Jitendra Gohil highlights India's underperformance ...
Israel, Iran war: Five EU finance ministers call for windfall profit tax on energy companiesUS-Israel Iran War: Five European Union nations are urging for a windfall tax on energy companies. This call comes amid soaring fuel prices...
EU to borrow around 150 billion euros annually for recovery fundThe financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current price...
EU commissioner slams Europe's 'morbid dependency' on ChinaEuropean Commission vice-president Vera Jourova on Sunday chided the EU for what she said was its "morbid dependency" on China and India fo...
Germany, EU deny report on European solidarity tax"The fact remains: we don't want tax increases in Germany or to introduce an EU tax," government spokesman Steffen Seibert said in a statem...
Germany, European Commission mull solidarity tax for refugeesThe money could be raised through a surcharge on petroleum tax or by increasing Value Added Tax (VAT), the Sueddeutsche Zeitung reported wi...
- European summit in Brussels heading for collapse
A special summit of the European Union leaders in Brussels to reach a deal on its next seven-year budget appeared heading for a collapse.
- Spanish unemployment to rise: European Commission
Spain's GDP is forecast to fall 1.8% this year and 0.3% in 2013, with the strongest economic contraction in the second half of 2012.
- EU wants more government budget cuts
European Union governments must make further cuts to their budgets, overhaul their pension systems, and make sure their banks are less vola...
- Euro zone under pressure as euphoria over bailout package dies
Euro dropped to 18-month low of 1.24 against dollar on fears that austerity measures might stifle economic growth. Greece crisis | Stocks: ...
- EU crisis fund plan ready by Sunday lunch: Official
The European Commission will "discuss and adopt" plans for a new crisis fund designed to head off market predators.
- EU keeps close eye on French deficit
The European Commission said Wednesday it was keeping a close eye on French public finances to avoid "slippage," after President Nicolas Sa...
- EU eyes 2.4 bn euros to save satellite system
The funds are to plug a budget in its satellite navigation system, Galileo.