Fiscal reform

Europe News

EU formally opens deficit proceedings against eight member states

France, Italy, Belgium and five others were targeted by fellow member states after the European Commission warned of ballooning budget shortfalls.

26/07/2024

Europe News

Commission warns France, Italy over budget deficit

The EU has identified fiscal irregularities in eight members, as France prepares for landmark elections, and Brussels reshuffles its top jobs.

19/06/2024

Economy

New EU fiscal rules in force, what are the next steps?

After being suspended due to the Covid-19 pandemic and a long political battle within the euro area, the revised economic governance framework aims to ensure a better balance between debt reduction and investments and reforms across the EU.

02/05/2024

Economy

MEPs green light new EU fiscal rules

The landslide vote heralds a return to fiscal responsibility after the pandemic era – but some worry new norms could kill vital green investment

23/04/2024

Economy

Euroviews. Misdiagnosing Ukraine's economy in the past requires a policy rethink

If Ukraine never emerged as an economic powerhouse after three decades of faithfully following standard Western recommendations, perhaps it is time to try a different approach, Dmytro Boyarchuk writes.

15/03/2024

Green News

Fiscal rules could block essential spending on green transition

The co-president of the Greens in the European Parliament has warned the EU's transition to net-zero greenhouse gas emissions is doomed to fail unless the bloc relaxes rules on government debt and deficit spending, as he presented a new report highlighting the scale of investment needed.

30/01/2024

Europe News

Europe scrambles to finalise new fiscal rules after lawmaker vote

Twitchy bond markets and upcoming elections mean the clock is ticking for controversial new EU deficit laws.

17/01/2024

Brussels, My Love?

Brussels, my love? Furious farmers bring Germany to a standstill

In this edition, we look at the root causes of farmers' fury in Germany and break down the recently agreed EU fiscal rules reform.

12/01/2024

Europe News

Euroviews. The proposed EU fiscal rules fall short of the changes we need

The extraordinary nature of the pandemic led to unprecedented acts; today, similarly, the impending threat of the climate crisis on our planet, and its consequences on the very foundations of our society, require responses that rise to the occasion, Eleonora Volpe writes.

29/12/2023

Europe News

Franco-German compromise prompts EU deal to reform fiscal rules

Economic and finance ministers of the European Union sealed on Wednesday a deal to reform the bloc's fiscal rules, a breakthrough made only possible after Germany and France found a middle ground.

20/12/2023

Economy

EU fiscal deal: France and Germany at odds on investment spending

After a long night in Brussels, EU finance ministers haven't sealed the deal on a new fiscal framework.

08/12/2023

Economy

Euroviews. Some debts are necessary to make Europe stronger

The decisions policymakers make now will determine whether or not Europe can invest in solutions to the environmental, economic, geopolitical and social challenges we’re facing, Ludovic Suttor-Sorel writes.

07/12/2023

Economy

EU urges France, Germany to slash energy crisis spending

A European Commission report spells the return of belt-tightening after years of crisis-driven largesse

21/11/2023

Europe News

EU makes progress on new fiscal rules pending Franco-German deal

Economic and finance ministers of the European Union made on Thursday significant progress on the reform of the bloc's fiscal rules. But the final push depends on a Franco-German compromise.

09/11/2023

Economy

Inside the political fight to reform the EU fiscal rules

The European Union is racing to reform its fiscal rules, with a self-imposed deadline to wrap up work before the end of the year. But getting there won't be an easy ride as political discrepancies remain deep and wide.

23/10/2023

Economy

EU aims for deal on fiscal rules in November as final deadline nears

The highly anticipated deal on the reform of the European Union's fiscal rules will not arrive until November at the very least, pushing the bloc closer to its end-of-the-year deadline.

17/10/2023

Economy

Back to work: the EU's to-do list between now and the 2024 elections

After a month-long summer break, the European Union is back to work.

04/09/2023

Economy

EU fiscal rules couldn't reduce debt in the last 25 years: Gentiloni

Paolo Gentiloni, the European Commissioner for the economy, offered on Friday a candid assessment of the European Union's fiscal framework.

28/07/2023

Economy

Spain pitches new approach to EU fiscal reform, aiming for autumn deal

The Spanish presidency of the EU Council has put forward a new approach to the ongoing negotiations of the bloc's fiscal rules.

14/07/2023

Economy

Germany and France still at odds over reform of the EU fiscal rules

Germany and France, the largest economies of the European Union, continue to be at odds over the reform of the bloc's fiscal rules.

16/06/2023