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United Kingdom

Jan Strupczewski

Euro zone vows to be responsible in regulating banks' sovereign holdings

07 Nov 2019

BRUSSELS Euro zone finance ministers agreed on Thursday to take balanced and responsible decisions in the sensitive area of regulating banks' holdings of sovereign bonds, so as not to put the sector at a competitive disadvantage.

EU Commission cuts euro zone growth forecast, sees muted inflation

07 Nov 2019

BRUSSELS The euro zone economy is likely to grow slower than earlier expected this year and next, the European Commission forecast on Thursday, because of global trade conflicts, geopolitical tensions and Brexit.

EU keeps UK waiting on Brexit delay, Johnson gears for an election

23 Oct 2019

BRUSSELS EU member states on Wednesday delayed a decision on whether to grant Britain a three-month Brexit extension, while Prime Minister Boris Johnson said if the deadline is deferred to the end of January he would call an election by Christmas. | Video

EU, China, others, team up to coordinate 'green' investment financing

18 Oct 2019

WASHINGTON The European Union, China, India and several other countries teamed up on Friday to coordinate rules and standards for trillions of dollars of private and public "green" investment needed over decades to prevent irreversible climate change.

EU budget rules guardian wants them simpler, focussed on cutting debt

18 Oct 2019

WASHINGTON European Union budget rules that underpin the euro must be made simpler and focussed on cutting debt because negative yields will not last forever, the EU's Economic Commissioner Pierre Moscovici in charge of enforcing the rules said on Thursday.

Italy's draft 2020 budget may require some work, but no crisis seen - EU

18 Oct 2019

WASHINGTON The European Commission is checking if the increase in the structural deficit in Italy's draft 2020 budget can be justified under EU budget rules, but Brussels does not want to "create a crisis" over it, Economic Commissioner Pierre Moscovici said.

Italy's draft 2020 budget may require some work, but no crisis seen: EU

18 Oct 2019

WASHINGTON The European Commission is checking if the increase in the structural deficit in Italy's draft 2020 budget can be justified under EU budget rules, but Brussels does not want to "create a crisis" over it, Economic Commissioner Pierre Moscovici said.

EU ministers agree euro zone budget short of original ambitions

10 Oct 2019

LUXEMBOURG European Union finance ministers agreed on a small budget for the euro zone on Thursday, ending two years of talks that exposed their divisions over greater integration after a sovereign debt crisis that nearly destroyed the euro.

Euro zone puts pressure on Dutch, Germans to spend more

09 Oct 2019

LUXEMBOURG Germany and the Netherlands, which run budget surpluses, should invest more to help boost economic growth at home and throughout the euro zone, top euro zone officials said on Wednesday, echoing a call from the European Central Bank last month.

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