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Channel: budget deficit – Euractiv
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Spain to return to polls in June as economic pressure mounts

Spain's King Felipe yesterday (26 April) said he would not put forward a new candidate to seek the confidence of parliament and become Prime Minister, a move which de facto paves the way for a new...

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Moscovici wants to make EU deficit rules more flexible

Pierre Moscovici, has said he hopes that all the EU’s excessive deficit procedures will be over by 2017. A change in the European deficit rules may be on the horizon. EurActiv France reports.

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Dijsselbloem berates Juncker for failing to apply EU pacts

Eurogroup President Jeroen Dijsselbloem has criticised European Commission President Jean-Claude Juncker for saying that the European Commission has given France leeway on fiscal rules "because it is...

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Decision-making and disarray in the EU

The EU’s complex bureaucracy has prevented it from dealing with crises effectively, writes Antonia Colibasanu.

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Correcting the eurozone’s imbalances could save the EU

The eurozone’s problems are not just caused by poor management in the South, but by its asymmetrical architecture and unfair implementation of the rules. A fiscal capacity would level the playing field...

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Has the Juncker Plan really boosted investment in Europe?

The Juncker Plan has put an end to Europe’s “investment breakdown”, according to the European Commission President. But many of its projects are no different to those normally financed by the European...

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French right plans to deepen the deficit in 2017

During François Hollande's five years as president, France has tightened its belt and brought its budget deficit down to within EU limits, Michel Sapin said on Tuesday (20 September). But the...

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Sarkozy and Europe: Separating the half-truths from the lies

EurActiv has analysed the positions of French presidential candidate Nicolas Sarkozy on the major European issues and found that his rhetoric is dominated by falsehoods and contradictions. EurActiv...

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Spain admits it will miss deficit targets

Spain, mired in political deadlock just as it emerges from a six-year recession, has admitted it will overshoot its budget deficit target next year.

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Belgian PM defends budget ahead of confidence vote

Belgian Prime Minister Charles Michel on Sunday (16 October) defended his budget and vision for the future after tensions within the fractious coalition government nearly sank his programme earlier in...

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Italy presents 2017 budget, seeks compromise with Brussels

Italian Prime Minister Matteo Renzi announced his 2017 budget plan on Saturday (15 October), hoping to persuade the European Commission to approve its minimal reduction in the budget deficit next year...

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Italy warns of disaster if Europe rejects its budget

Italy's economy minister said yesterday (23 October) the European Union must choose between allowing Rome to raise its deficit to cope with a recent earthquake and the migrant crisis, or the "Hungarian...

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Renzi threatens EU budget veto over migrants

Italian Prime Minister Matteo Renzi yesterday (25 October) threatened to veto the EU's budget over a lack of solidarity from the rest of Europe as the bloc struggles to manage the refugee crisis.

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EU questions budgets of seven eurozone countries

The European Commission yesterday (25 October) demanded "clarifications" from seven eurozone countries over their draft budgets, expressing particular concern that Italy, Cyprus and Finland are not...

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Spanish crisis gives way to new political battles

When conservative political survivor Mariano Rajoy takes control of Spain once again this week he will be faced with unprecedented opposition as he grapples with painful economic reforms and resurgent...

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Stop attacking Commission on fiscal policy, Juncker tells Renzi

Italy should stop attacking the European Commission over its fiscal policy, the EU executive's president said on Monday (7 November), as Rome and Brussels quarrel over an expansionary budget proposed...

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Italy row with Brussels escalates, Renzi lashes out at EU ‘diktats’

Italian Prime Minister Matteo Renzi lashed out yesterday (8 November) over Brussels' "diktats" in the latest attack on the European Commission ahead of a referendum that could decide his political future.

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Romania’s parliament approves tax relief for pensioners

Romania's lower house of parliament yesterday (5 January) approved tax breaks for pensioners, making good on a government promise to loosen fiscal policy as the economy picks up pace.

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Germany’s Gabriel says EU breakup no longer unthinkable

Germany's insistence on austerity in the euro zone has left Europe more divided than ever and a break-up of the European Union is no longer inconceivable, German Vice Chancellor Sigmar Gabriel told Der...

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Moscovici: Progress on deficit reduction must not be reversed

Pierre Moscovici spoke to EurActiv's partner Ouest-France about France's left-wing primary, the impact of Donald Trump's election, the 3% deficit rule, the Commission's March white paper and the...

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