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    1. July 12, 2016

      Spain set for corporate tax rise as Madrid tackles deficit

      The private sector in Spain is set to shoulder most of the burden as the government moves to bring its wayward deficit...

    2. Fast FT

      July 12, 2016

      Spain, Portugal get 10 days to avoid deficit fine

      EU finance ministers confirmed on Tuesday that Spain and Portugal have failed to take “effective action” to rein in...

    1. Brussels Blog

      July 7, 2016

      Brussels Briefing: Zero intolerance

      To get the Brussels Briefing into your inbox, sign up here. One of the major legacies of the euro area debt crisis has...

    2. July 5, 2016

      Brussels set to fine Spain and Portugal for deficit breaches

      Spain and Portugal are on course to become the first ever eurozone countries to be sanctioned for breaching EU fiscal...

    3. July 5, 2016

      Britain be warned: Juncker is going nowhere

      In Berlin and other EU national capitals, some politicians and government officials speak openly of their...

    4. July 4, 2016

      EU budget: the post-Brexit challenges for London and Brussels

      As the EU and the UK prepare for divorce, it is the £47.5bn question. How will Britain settle its budget affairs with...

    5. June 29, 2016

      France warned over 2017 deficit target

      France’s national auditor has warned the government it is at risk of not meeting its deficit target for 2017 and...

    6. June 14, 2016

      European Commission lambasted on policing of national budgets

      One of the eurozone’s leading officials has lambasted the European Commission over how it polices national budgets,...

    7. May 19, 2016

      Flexible budget rules are in the eurozone’s interest

      Spain and Portugal are off the hook — at least for the time being. Wary of fuelling public resentment against austerity...

    8. May 18, 2016

      Spain and Portugal win reprieve over breaking EU fiscal rules

      Spain and Portugal have won a reprieve from Brussels after breaking EU fiscal rules, as the European Commission...

    9. May 17, 2016

      Italy wins Brussels’ ‘flexibility’ on debt reduction targets

      Brussels has granted Italy “unprecedented” flexibility in meeting EU debt reduction targets, using its political leeway...

    10. May 17, 2016

      Mariano Rajoy risks Brussels showdown with tax-cut vow

      Spain’s Mariano Rajoy is promising a fresh round of tax cuts if he is re-elected prime minister next month, risking a...

    11. April 27, 2016

      Canadian rating agency holds key to Portugal’s future

      A Canadian rating agency will decide on Friday whether to maintain or cut off life support to Portugal’s fragile...

    12. April 19, 2016

      Spain poised to breach deficit targets for ninth consecutive year

      Spain is on course to post an excessive budget deficit for the ninth year in a row in 2016, after the government...

    13. April 8, 2016

      Italy downgrades forecasts for 2016

      Italy expects to keep a pledge to reduce its debt ratio in 2016 for the first time in eight years, but only just,...

    14. March 31, 2016

      Spain falls short in battle to close yawning defict

      Spain has veered sharply off course in its long-running effort to reduce the budget deficit, unveiling a 5.2 per cent...

    15. March 25, 2016

      France trims budget deficit but unemployment hits record

      France’s budget deficit narrowed last year but unemployment hit a record, highlighting the patchy recovery of the...

    16. Fast FT

      February 24, 2016

      Portuguese bonds jump after parliament agrees budget

      After the brutal early February sell-off, investors in Portuguese government bonds have finally been given something to...

    17. February 14, 2016

      Yawning budget hole awaits Spain’s new PM

      The name of the next Spanish prime minister will remain unknown for at least several more weeks. The first challenge...

    18. February 12, 2016

      Portugal agrees ‘Plan B’ deficit cuts

      Investors continued to penalise Portugal’s government bonds on Friday despite an agreement by the new Socialist...

    19. February 5, 2016

      Portuguese budget narrowly avoids rejection by Brussels

      Portugal narrowly avoided becoming the first eurozone country to have its budget rejected by Brussels after it made an...

    20. Brussels Blog

      February 5, 2016

      Brussels Briefing: The Italian job

      This is Friday’s edition of our new Brussels Briefing. To receive it every morning in your email in-box, sign up here....

    21. November 29, 2015

      Twin emergencies spur collective opening of the EU’s public purse

      It took terrorists and refugees to do what scores of unemployed could not manage. After years of collective...

    22. November 17, 2015

      France slams European Commission on budget deficit warning

      The EU’s annual scolding of eurozone governments for budget overruns was eclipsed by France’s shift to a war footing on...

    23. November 11, 2015

      Italy’s finance minister defends Rome against budget criticism

      Pier Carlo Padoan, Italy’s finance minister, defended his government against criticism that its 2016 budget is too...

    24. November 5, 2015

      Brussels sounds alarm on Spain and France budget deficits

      Spain will miss its budget deficit target by an even wider margin than previously thought, the European Commission...

    25. November 4, 2015

      Eurozone needs independent fiscal oversight, says Dijsselbloem

      The eurozone needs an independent committee to ensure members stick to its fiscal rules, the head of the bloc’s finance...

    26. November 3, 2015

      The eurozone’s fiscally lax nations are at it again

      It is Groundhog Day in the eurozone. Some governments are displaying the same artful disregard for budget rules that...

    27. October 5, 2015

      Spain faces Brussels rebuke over 2016 budget

      Spain’s 2016 budget proposal falls short of the EU’s tough new spending rules and must include additional cuts if it is...

    28. June 9, 2015

      De Guindos fights for eurogroup job, with Spanish pride at stake

      Spain’s economy minister is set to formally declare his candidacy for the presidency of the powerful eurogroup, setting...

    29. May 29, 2015

      IMF criticises EU debt and deficit rules

      The EU’s system for monitoring the fiscal health of its members has become too complex and its budget and debt targets...

    30. April 15, 2015

      France risks Brussels ire with reduced structural budget cuts

      France has targeted lower structural budget cuts than those requested by Brussels, at the risk of reigniting tensions...

    31. March 10, 2015

      France wins two-year reprieve from EU budget rules

      The French government won two more years to bring its budget deficit under the EU ceiling of 3 per cent of economic...

    32. March 9, 2015

      Coeuré calls for respect for EU budget rules

      Since the outset of the eurozone debt crisis five years ago, there has been one institution more than any other...

    33. March 8, 2015

      Olli Rehn slams EU successors for failing to punish France

      The chief architect of the EU’s tough budget rules has slammed his successors in the European Commission for failing to...

    34. February 27, 2015

      MPs dismiss chancellor’s claim over cut in UK’s Brussels bill

      George Osborne’s claim that he had “halved” a £1.7bn surcharge presented to Britain by Brussels has been dismissed by...

    35. February 25, 2015

      France and Italy granted reprieve for breaching budget limits

      Brussels has granted a reprieve to France and Italy after they broke EU budget rules, underlining the bloc’s readiness...

    36. January 13, 2015

      Brussels signals more flexibility on French and Italian budgets

      The European Commission signalled it may show leniency towards Italian and French spending plans by unveiling new...

    37. December 14, 2014

      A topsy-turvy EU world of power, money and politics

      One of the more peculiar characteristics of the EU is an inverse relationship between political power and control over...

    38. December 8, 2014

      Watch your words or feed populism, French minister warns Germany

      France’s finance minister has called on the German establishment to watch its words when criticising his country’s...

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