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
EU members states are strengthening ties with China by issuing "panda bonds" that are helping Beijing raise its profile on international financial markets
Italy's populist coalition has submitted its draft 2019 budget to the European Commission, forecasting an increase in the public deficit to 2.4 percent of gross domestic product.
After years of stinging austerity measures, Greece emerges from its third and last bailout, although officials warn the country still has a "long way to go".
Greece has received the final 15-billion-euro payment from its eight-year bailout programme in what creditors hailed as proof that tough austerity measures were "paying off".
The major parties and coalitions contesting Italy's March 4 election have been making some big promises to voters, plenty of which have economists looking at the country's monstrous debt and scratching their heads.
Germany's would-be coalition partners agree on the fiscal priorities of a possible new government.
3 years ago
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