Page 2 - Stability Pact News Today

On Wednesday, major European stock exchanges close in positive territory, on a day when information on US and Eurozone PMIs, the Bank of Canadas decision on rates and forecasts on the European...

New European Union fiscal rules are more lenient than the old ones and grant highly-indebted Italy a budget leeway of around 35 billion euros , Prime Minister Giorgia Meloni said on... -January 24, 2024 at 11:59 am EST - MarketScreener

Germany's gross domestic product (GDP) shrank by 0.3% in 2023, according to preliminary figures from the Federal Statistical Office, confirming that Europe's largest economy spent the year in a recession. The agency estimated on Monday that the economy also had a poor finish to the year and shrank by 0.3% in the fourth quarter. "Overall economic development faltered in Germany in 2023 in an environment that continues to be marked by multiple crises," Ruth Brand, the head of t...

Germany's gross domestic product (GDP) shrank by 0.3% in 2023, according to preliminary figures from the Federal Statistical Office, confirming that Europe's largest economy spent the year in a recession. The agency estimated on Monday that the economy also had a poor finish to the year and shrank by 0.3% in the fourth quarter. "Overall economic development faltered in Germany in 2023 in an environment that continues to be marked by multiple crises," Ruth Brand, the head of t...

This Monday 1 January 2024, Belgium takes over the rotating presidency of the Council of the European Union from Spain. The small nation will face the challenge of organising its own national elections…

While the rightist’s accession last year to prime minister ‘sent a shiver down the spines of centrists across the Continent,’ Politico recently anointed…

Economy Minister Giancarlo Giorgetti said Friday that a rift had not developed between Italy and the rest of the EU after the Lower House voted to reject ratification of the reform of the European Stability Mechanism (ESM). (ANSA)

Premier Giorgia Meloni considers the new European Union rules for public finance agreed at an extraordinary ECOFIN meeting on Wednesday to be for Italy an improvement on the past, according to a statement issued by her office at Palazzo Chigi. (ANSA)

The new European Stability and Growth Pact agreed at an extraordinary ECOFIN meeting on Wednesday is a "bad compromise" for Italy, centre-left opposition Democratic Party (PD) Secretary Elly Schlein has said. (ANSA)

ROME :Italy's lower house of parliament voted on Thursday against a long-awaited reform of the euro zone bailout fund, throwing into doubt ratification of a European Union treaty that is designed to provide help for failing banks. The vote confirmed the deep hostility within Prime Minister Giorgia Meloni's ru