Portugal's Socialist minority government has unveiled a 2017 budget intended to reduce the deficit, but also roll back some austerity measures.
Spain and Portugal could faces fines for breaching EU spending rules after the European Commission opened a sanctions procedure on Thursday over both countries failure to tackle their budget…
Spain plans to cut its government deficit this year and next at a slower pace than originally agreed with the European Commission as it struggles to bring its public debt in line with Brussels' demand
French Finance Minister Michel Sapin has said the country will meet its 2016 target for cutting its public deficit but the European Commission does not believe it can achieve that.
Growth heading up – unemployment and the deficit going down – 2011 was a miracle year for Germany amid the crisis in Europe.
But not everybody