# Budget

Combination of pictures created on January 12, 2021 shows a file photo taken on October 2, 2020 of Italian PM Giuseppe Conte at The European Council Building in Brussels (L) and then former Italian PM, Matteo Renzi, on March 5, 2018 at the PD headquarters in Rome.
Combination of pictures created on Janua […]
Budget, coronavirus, Health, Infographic

Virus-hit Italy faces political crisis over EU recovery plan

Italy is facing a fresh political crisis after weeks of turmoil in the coalition government came to head in a row over how to spend billions of euros in EU coronavirus recovery funds
2 weeks ago
(L-R) Dutch PM Mark Rutte, European Council President Charles Michel, French President Emmanuel Macron and President of the European Commission Ursula von der Leyen participate in a last roundtable discussion following a four-day European summit at the European Council in Brussels, Belgium, early July 21, 2020. Photo: Stephanie Lecocq / Pool / AFP
(L-R) Dutch PM Mark Rutte, European Coun […]
Budget, coronavirus, Health, Infographic

EU leaders agree to link funds to rule of law

EU leaders have for the first time agreed to link payment of funds to a member state with respect for the bloc's legal norms -- though Poland and Hungary say they blocked tougher planned measures
6 months ago
European Commission President Ursula Von Der Leyen (L) and European Council President Charles Michel bump elbows after a news conference following a four-day European summit at the European Council in Brussels, Belgium, early July 21, 2020. Photo: Stephanie Lecocq / Pool / AFP
European Commission President Ursula Von […]
Budget, coronavirus, Health, Infographic

EU’s virus recovery plan: historic but imperfect

The 750-billion-euro coronavirus recovery deal struck by EU leaders may be a historic landmark, but analysts are already warning it comes with substantial flaws
6 months ago
Spain's PM Pedro Sanchez (L), French President Emmanuel Macron (C) and German Chancellor Angela Merkel (R) read documents during an EU summit in Brussels on July 20, 2020, as EU leaders held their first face-to-face summit over a post-virus economic rescue plan. Photo: John Thys / Pool / AFP
Spain's PM Pedro Sanchez (L), French Pre […]
Budget, coronavirus, Health

Five things to know about the EU virus recovery plan

The European Union's 27 member states emerged from an intense four-day and four-night summit brandishing a huge coronavirus recovery plan and a trillion-euro long-term budget
6 months ago
Belgium, Brussels: Ursula von der Leyen (r), President of the European Commission, takes part in a special session on the second day of the EU special summit. Photo: -/EU/XinHua/dpa
Belgium, Brussels: Ursula von der Leyen […]
Budget, coronavirus, Infographic

EU leaders cautiously optimistic deal on virus recovery fund in sight

European Union leaders are currently having major talks for a shared economic stimulus package to recoup the damage caused by the coronavirus pandemic for the fourth day in a row. An agreement seems difficult to reach.
6 months ago
European Commission President Ursula von der Leyen speaks during a plenary session of the European Parliament in Brussels on May 27, 2020, amid the Covid-19 pandemic caused by the novel coronavirus. Photo: Kenzo Tribouillard / AFP
European Commission President Ursula von […]
Budget, coronavirus, Health, Infographic

Battle ahead for EU’s 750-bn-euro recovery plan

European Union chief Ursula von der Leyen has proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it.
8 months ago
A person wearing a protective face mask walks by the EU Commission building bearing a banner that reads "Coronavirus Global Response" in Brussels on May 6, 2020, as the country is under lockdown to stop the spread of the Covid-19 pandemic caused by the novel coronavirus. (Photo by Kenzo TRIBOUILLARD / POOL / AFP)
A person wearing a protective face mask […]
Budget, coronavirus, Health, Infographic, Video

Europe’s ‘historic’ recession threatens eurozone survival

The EU has forecast that the eurozone economy will contract by a staggering 7.7 percent in 2020, warning the wreckage from the coronavirus outbreak could endanger the single currency
9 months ago
A Euro currency sculpture, part of a lifesize Game of the Goose set up in the courtyard of the Economy and Finance Ministry in Paris, on September 18, 2016. Photo: Jacques Demarthon / AFP
A Euro currency sculpture, part of a lif […]
Brexit, Budget, Infographic, Video

Brexit punches 12-bln-euro hole in EU finances

When Britain leaves the EU at midnight on Friday the bloc will lose the second-biggest net contributor to its budget, leaving a 12-billion-euro ($13-billion) hole in its finances
12 months ago