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JOINT EU BORROWING
European Union's public debt to be on unsustainable path without action, IMF saysEuropean Union nations face significant financial challenges in defence, energy, and pensions over the next 15 years. The International Mon...
EU lawmakers back blockbuster $2.3-trillion long-term budgetThe European Parliament has backed a larger EU budget for 2028-2034, proposing new taxes on digital giants and online gambling to fund a 10...
EU chief calls for defence 'surge', says 'time of illusions' overEU Commission President Ursula von der Leyen has called for a significant increase in European defence spending amid concerns over Russia a...
EU Commission proposes 800-billion-euro defence planThe European Commission has proposed a new joint EU borrowing of 150 billion euros to enhance defence capabilities, within an overall 800 b...
War, not peace: The unlikely engine of Europe's economic revivalAn era-defining week in geopolitics has heightened hopes for Europe's economic growth, driven not by peace but by significant military rear...
EU must find billions for arms within a year, defence chief saysThe EU's new defense chief is urging a massive boost in military spending by 2030 to counter a potential Russian threat. He proposes innova...
Ukraine: EU leaders to agree to set up reconstruction fund, details still vague"A Ukraine reconstruction platform should be set up, bringing together the Ukrainian government, Member States, the European Union as well ...
EU leaders to make room for more spending over Ukraine, no new joint debt seenLeaders of the 27-nation EU meet in Versailles, near Paris, to discuss more defence spending after Moscow's invasion of Ukraine, Kyiv's bid...
EU bond futures could launch in 2022: Exchange officialThe market for joint EU debt has been transformed in the past year as the bloc launched an unprecedented fiscal programme to support member...
Does Brexit free Europe to seek closer union?For some, the decision in July at a marathon EU summit to move towards joint borrowing to fund a post-coronavirus recovery plan for the uni...
EU leaders unblock 1.8 trillion euro budget, recovery fund, eye climate goals"Deal on the MFF and Recovery Package. Now we can start with the implementation and build back our economies. Our landmark recovery package...
Stimulus package breaks new ground in European unity, 27 nations to share financial burdenPushed by Merkel and Macron, leaders agreed to borrow jointly by selling bonds, using the EU's collective strong credit rating that keeps i...
EU to unveil massive stimulus plan for post-coronavirus recoveryThe aim is to help countries and sectors worst hit by the COVID-19 pandemic recover quickly and protect the EU single market of 450 million...
EU leaders to take step to joint financing of post-pandemic recoveryMany leaders see the massive joint recovery financing as a crucial tool of EU solidarity as some in the 27-nation bloc will have a harder t...
- Angela Merkel set for confrontation with other EU leaders over bonds
Merkel is heading for a confrontation with her other European counterparts as she dashed hopes for an agreement to share debt liability by ...
- Will Greek elections decide future of Greece and EU itself?
Whether the Greeks elect left-wing Alexis Tsipras or a moderate committed to austerity will decide not just the future of Greece within the...
- Europe divided over bonds, bailout fund boost
Divisions emerged over a call to launch joint eurozone bonds as finance ministers opened talks with IMF amid calls to boost their bailout w...
- Greece PM warns Berlin that EU at risk if no aid
Greek PM's comments came a day after a German official indicated that Berlin was open to the possibility of the IMF helping Greece. Top gai...
- Europe searches for way out of debt crisis
Financial mkts are betting heavily that Greece's crushing debt could drag down entire eurozone. Check out the top gainers, losers and recom...
- Europe searches for way out of debt crisis
Financial markets are betting heavily that Greece's crushing debt could drag down the entire eurozone, and that could force reluctant EU le...