EU to keep budget rules looser for longer amid war falloutMay 23, 2022 GMT
BRUSSELS (AP) — The European Union has moved to prolong looser limits on spending by member countries for an extra year in a bid to counter the economic fallout from Russia’s war in Ukraine.
The European Commission recommended on Monday suspending the EU’s regular rules on national budget discipline through 2023.
EU takes aim at Poland amid fears for bloc’s legal orderDecember 22, 2021 GMT
BRUSSELS (AP) — The European Union on Wednesday launched legal action against Poland over recent decisions by one of the country’s top courts which have raised troubling questions about the 27-nation bloc’s legal order.
EU proposes rules against shell companies to fight tax abuseDecember 22, 2021 GMT
BRUSSELS (AP) — The European Union's executive arm proposed measures Wednesday to better detect shell companies that do not carry out any real economic activities to prevent them from receiving tax advantages and crack down on their tax abuse.
EU says economic recovery threatened by COVID-19 resurgenceNovember 24, 2021 GMT
BRUSSELS (AP) — The massive spike in COVID-19 cases in recent weeks is threatening the European Union's recovery from the deep economic slump caused by last year's onset of the pandemic, the bloc's economy chief said Wednesday.
Polish PM to EU: Don’t lecture us Poles about democracySeptember 3, 2021 GMT
WARSAW, Poland (AP) — Polish Prime Minister Mateusz Morawiecki said Friday that nobody has the right to lecture his country on democracy, after the European Union said talks were still ongoing over the payment of billions of euros to bloc member Poland due to rule of law issues.
EU puts digital levy plans on hold in face of US criticismJuly 12, 2021 GMT
BRUSSELS (AP) — In a gesture of goodwill to the United States, the European Union on Monday put work on plans for a digital tax levy on hold for the moment to concentrate on finalizing the historic tax decision endorsed by the Group of 20 nations over the weekend.
EU economy to expand, bouncing back from pandemic crisisMay 12, 2021 GMT
BRUSSELS (AP) — The European Union economy is set to bounce back strongly this year after the deep coronavirus recession and member states are forecast to regain the ground lost by the end of next year...
EU: Pandemic measures to total about $5.85 trillionMay 10, 2021 GMT
BRUSSELS (AP) — The European Union's top economy official said Monday that the recovery measures the EU and its 27 member states have in the works to emerge from the pandemic total around $5.85 trillion...
EU forecasts ‘recession of historic proportions’ this yearMay 6, 2020 GMT
BRUSSELS (AP) — The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy...
EU signals willingness to ease Greek budget targetsFebruary 6, 2020 GMT
ATHENS, Greece (AP) — The European Union's new economy commissioner says Greece's bailout lenders are willing to discuss a request by Athens to ease strict budget targets that would help speed up the country's recovery...
Irishman set to lead EU future trade talks with UK, USSeptember 10, 2019 GMT
BRUSSELS (AP) — The incoming president of the European Union's powerful executive arm on Tuesday nominated Irishman Phil Hogan to lead future EU trade talks, which could put him in charge of negotiations with Britain after Brexit.
Migrant pressures grow; Italy presses EU nations to do moreJune 29, 2017 GMT
ROME (AP) — Italy's leader pressed his European Union allies Thursday to take in more migrants, saying the relentless arrival of tens of thousands on Italy's shores is putting his country under enormous strain.
What if US quits climate deal? Doesn’t look good for EarthMay 27, 2017 GMT
WASHINGTON (AP) — Earth is likely to reach more dangerous levels of warming even sooner if the U.S...
Berlin attack suspect slain in shootout with Italian policeDecember 24, 2016 GMT
MILAN (AP) — A routine request for ID papers outside a deserted train station in a Milan suburb at 3 a...
Italy’s new government wins 1st of 2 confidence votesDecember 13, 2016 GMT
ROME (AP) — Premier Paolo Gentiloni easily won a vote of confidence Tuesday night from the Italian Parliament's lower chamber for his new government, overcoming opposition outrage that his cabinet and agenda essentially mirror those of his humiliated predecessor...