English

European Commission Vice-President Valdis Dombrovskis and European Commissioner Paolo Gentiloni presented the fiscal guidance on Wednesday afternoon.

Economy

Video. Brussels to delay fines for excessive deficit until 2024

Updated: 08/03/2023 - 14:40 GMT+1

Under current fiscal rules, member states are bound to keep their deficit levels under 3%, a figure that many currently exceed.

Read full article

Top stories

Now playing Next

Latest news bulletin | April 4th, 2026 – Midday

Now playing Next

The Central Asian airport quietly becoming a global freight hub

Now playing Next

Musk’s path to $1 trillion: SpaceX files for IPO, reports say

Now playing Next

The Central Asian airport quietly becoming a global freight hub

Now playing Next

Pope Leo XIV bares cross for full Good Friday procession, a feat not seen in decades

Now playing Next

Fifteen dead in 'massive' Russian attack while Kyiv signals readiness for Easter ceasefire

Now playing Next

Simply the best: A connoisseurs guide to the finest Belgian chocolate this Easter

Now playing Next

Can brain cells run computers? This startup powers data centre using human neurons

Now playing Next

The new spring detox? How to eat like a Greek monk over Lent

ADVERTISEMENT

ADVERTISEMENT

More from Economy

Economy

Iran war pushes Germany's deficit to 4.2% as growth outlook is cut by 50%

Economy

EU warns oil and gas prices will not immediately return to normal even if the Iran war ends

Economy

Iran war energy shock puts ECB on alert — Lagarde says this is no repeat of 2022

Economy

IEA: Global economy faces ‘major, major threat’ because of Iran war

Latest video

No Comment

Ukraine’s Zhytomyr region reels after missile and drone strike

No Comment

Nigeria worshippers mark Easter with Lagos street procession

No Comment

Iran reeling after B1 bridge strike as Trump threatens further attacks

The Cube

Fact check: How can a country actually withdraw from NATO?

Iran

US launches rescue operation after state TV says American fighter jet downed in Iran

France

New Paris mayor vows to end all sexual violence in schools with €20m action plan

Finland

Finnish conscripts train for all-out war with Russia

Euronews investigates

Dangerous lignite: Bosnia and Herzegovina has problems with its energy transition

ADVERTISEMENT

Culture news

Marine archaeologists discover Danish warship destroyed by Nelson’s fleet 225 years ago

Ukraine

Kyiv region under 'massive' daytime drone and missile attack by Russia, officials say

Europe Today

Romanian foreign minister in Kyiv on Bucha anniversary to witness 'moment of resilience'

Greece

Three members of Greek government quit over EU farm subsidy scandal, state TV says

Focus

When climate action pays: how Europe’s top companies are turning sustainability into billions

Space

Artemis II astronauts describe 'breathtaking views' in space as they rocket toward the Moon

No Comment

Ukraine’s ancient Easter egg art helps preserve national identity

Iran

Tehran fires at Israel as Trump warns US has not started 'destroying what is left' in Iran

ADVERTISEMENT

ADVERTISEMENT