economy Portugal tries for a budget balance between deficit and austerity Portugal's Socialist minority government has unveiled a 2017 budget intended to reduce the deficit, but also roll back some austerity measures. 14/10/2016
brussels bureau EU seeks to sanction Spain, Portugal over spending 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… 07/07/2016
economy Spain wants to slow deficit reduction 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 19/04/2016
economy France confident on deficit reduction, European Commission not convinced 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. 04/02/2016
world news [Map] How quickly does your country spend its annual budget? Today, November 11, marks the point when the United Kingdom will have spent its entire revenue for the year, 51 days early. That means, in effect 11/11/2015
Greece Greece: new round of debt talks as default looms Denying that a debt default was discussed, Greek Prime Minister Alexis Tsipras met with his negotiating team before they headed to Brussels for 12/06/2015
Unreported Europe Paying the price for Germany's economic miracle Growth heading up – unemployment and the deficit going down – 2011 was a miracle year for Germany amid the crisis in Europe. But not everybody 02/02/2012
![[Map] How quickly does your country spend its annual budget?](https://static.euronews.com/articles/316798/210x136_316798.jpg "[Map] How quickly does your country spend its annual budget?")
