Government Business And Finance

EU asks Italy to better explain debt or face legal action

Jun 12, 2019

European Economy Commissioner Pierre Moscovici is urging Italy to quickly provide any new information it might have to explain its high debt levels and or face the prospect of imminent legal action

The Latest: European Central Bank ready to help economy more

Jun 6, 2019

European Central Bank President Mario Draghi said the bank is ready to "use all the instruments that are in the toolbox" to support the economy if needed

EU rejects claim that its car exports threaten US security

May 20, 2019

The EU is rejecting claims that Europe's car exports pose a threat to the United States after U.S. Commerce Secretary Wilbur Ross rule that imported vehicles and parts threaten national security

The Latest: Austria to see early election after scandal

May 18, 2019

Austrian Chancellor Sebastian Kurz has called for an early election after his vice chancellor resigned over a covertly shot video that showed him apparently promising government contracts to a prospective Russian investor.

Voters to pick successor of Lithuania's popular 'Iron Lady'

May 10, 2019

Nine candidates are vying Sunday to follow Lithuania's popular President Dalia Grybauskaite as head of state

Cyprus: Turkey's drilling bid off island 'second invasion'

May 6, 2019

Cyprus' president is calling Turkey's bid to drill for natural gas in waters off the island a "second invasion" and violation of international law

Cyprus: Turkey's drilling bid violates international law

May 4, 2019

Cyprus says Turkey's bid to drill for natural gas in its waters violates international law

Czech central bank lifts key interest rate to tame inflation

May 2, 2019

The Czech Republic's central bank has raised its key interest rate for the third time since June - by a quarter point to 2.00%, the highest level in more than 10 years

Japan's Abe talks trade with EU chiefs ahead of US visit

Apr 25, 2019

Japan and the European Union committed to fair and open trade and the respect of rules-based international in the face of what they see as increasing trade protectionism, particularly in the United States

Czech lawmakers approve taxation of church restitution plan

Apr 23, 2019

Czech lawmakers have approved a proposal drafted by Communist lawmakers to tax the compensation that the country's churches receive from the state for property seized by the former Communist regime

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