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Jan Strupczewski

EU finance ministers back push for simpler fiscal rules

14 Sep 2019

HELSINKI European Union finance ministers backed on Saturday a simplification of the EU's fiscal rules to make them more transparent and predictable, but more work is needed before any changes are agreed, a senior European Commission official said.

EU finance ministers eye simpler fiscal rules

14 Sep 2019

* Discussions likely to take a long time before rules changed

Euro zone plans no joint fiscal stimulus, but ready if economy gets worse

13 Sep 2019

HELSINKI Euro zone finance ministers are not planning any joint fiscal stimulus to complement the European Central Bank's monetary package, but they are ready to act if the economy takes a turn for the worse, their chairman said on Friday.

EU, Italy unlikely to clash over 2020 draft budget - officials

13 Sep 2019

HELSINKI Italy is unlikely to clash with the European Union over its draft budget for next year because the new government in Rome is more likely to play by EU fiscal rules than the previous one and Brussels does not want it to fail, officials said on Friday.

France proposes "growth compact" for euro zone after ECB stimulus

13 Sep 2019

HELSINKI, Sept 13 France proposed a "growth compact" for the euro zone economy on Friday, a day after the European Central Bank called on governments to use fiscal policy in addition to the bank's latest monetary stimulus package to support slowing growth.

European Fiscal Board proposes radical overhaul of EU budget rules

11 Sep 2019

BRUSSELS The European Fiscal Board on Wednesday proposed a radical simplification of the European Union's highly complex fiscal rules to help make public finances more sustainable while stabilising economies throughout business cycles.

Italy needs consolidation and economic growth to tackle debt: IMF

10 Sep 2019

BRUSSELS Italy can only bring down its large public debt only if it combines reasonable fiscal consolidation with economic growth, the head of the International Monetary Fund's European department Poul Thomsen said on Tuesday.

EU to help its firms, workers, farmers in case of no-deal Brexit: doc

03 Sep 2019

BRUSSELS The European Commission on Wednesday will propose financial help for European Union businesses, workers and farmers if Britain crashes out of the bloc without any agreement, a document seen by Reuters said.

Euro zone growth halves, inflation slows in spur for ECB

31 Jul 2019

BRUSSELS Euro zone economic growth halved in the second quarter and inflation slowed sharply in July, reinforcing market expectations that the European Central Bank will further ease monetary policy in September. | Video

Bank of England's Carney appears out of race for IMF top job

18 Jul 2019

CHANTILLY, France The governor of the Bank of England, Mark Carney, is unlikely to succeed Christine Lagarde as the boss of the International Monetary Fund, European officials said on Thursday, as the European Union was considering four other names for the job.

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