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United States

Jan Strupczewski

Franco-German proposal a 'breakthrough' in euro zone reform plan: Eurogroup head

6:38am EST

BRUSSELS The Franco-German proposal of a euro zone budget could represent a "breakthrough" for reaching a deal on a euro zone reform package next month, said the chairman of the zone's finance ministers, though Italy quickly distanced itself from the plan.

EU states offer Britain 'ambitious' ties after Brexit, but no frictionless trade

Nov 16 2018

BRUSSELS European Union states said on Friday that they wanted an "ambitious" future relationship with Britain but that this would not mean frictionless trade, as they met to prepare a text by Nov 25 to accompany the draft Brexit deal.

EU executive to launch action over Italy budget on Wednesday - sources

Nov 16 2018

BRUSSELS The European Commission will take the first step next week to discipline Italy over its 2019 budget, three officials close to the process said, after Rome defied EU objections to its plans to borrow and spend more next year.

UPDATE 2-EU executive to launch action over Italy budget on Wednesday -sources

Nov 16 2018

BRUSSELS, Nov 16 The European Commission will take the first step next week to discipline Italy over its 2019 budget, three officials close to the process said, after Rome defied EU objections to its plans to borrow and spend more next year.

Bemused EU eyes options for British Brexit meltdown

Nov 16 2018

By Gabriela Baczynska, Jan Strupczewski and Alastair Macdonald

Bemused EU eyes options for British Brexit meltdown

Nov 16 2018

By Gabriela Baczynska, Jan Strupczewski and Alastair Macdonald

Defiant Italy sets stage for budget showdown with EU

Nov 14 2018

BRUSSELS Italy re-submitted its draft 2019 budget to the European Commission with the same growth and deficit assumptions as a draft rejected for breaking European Union rules, stepping up its showdown with the EU over its fiscal policy. | Video

EU to adopt laws by end-Dec to safeguard against Brexit no deal - document

Nov 13 2018

BRUSSELS The European Commission said on Tuesday it intended to adopt by the end of December all the legislation necessary to prepare the EU for a British exit without a divorce agreement should it be necessary by Brexit day on March 29.

EU less optimistic than Italy on growth, sees jump in deficit, yields rise

Nov 08 2018

BRUSSELS The European Commission forecast on Thursday the Italian economy would grow more slowly in the next two years than Rome thinks, making government budget deficits much higher than assumed by Italy while public debt would be stable rather than decline.

EU cuts Italian growth forecast, sees jump in deficit, debt stable

Nov 08 2018

* EU forecasts show Italian growth assumptions are optimistic

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