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Budget

Article | February 13, 2012 - 8:35pm

US President Barack Obama has submitted a new budget before Congress, and hopes to achieve $4 trillion in deficit reduction over the next ten years through tax increases for the wealthiest and infrastructure projects.

Article | February 8, 2012 - 3:51pm

By funding environmental programmes, the European Union can create more jobs at a lower cost, according to a new report by an alliance of environmental non-governmental organisations.

Article | February 2, 2012 - 11:03am

Belgium became the first Eurozone country to fall formally into recession, opening the year for the struggling currency bloc on  a negative note.

Article | January 23, 2012 - 4:41pm

The European Commission has urged all EU institutions to show restraint in drafting their administrative budgets for 2013, marking the second consecutive year for which the Commission has opted for a public call for caution by the institutions.

Article | December 19, 2011 - 3:03pm

On 19 December, the European Commission adopted the proposal endorsed by the Standing Committee of the Food Chain and Animal health held on 6th December 2011 to reallocate €236 million between member states to control and eradicate animal diseases in 2011.

Article | December 14, 2011 - 11:23am
Article | December 13, 2011 - 4:30pm

On 13 December, the European Commission adopted a package of proposed staff reforms that would deliver €1 billion in savings by 2020, and more than €1bn every year in the longer term, allowing the EU to freeze operational expenditure for administration until 2020.

Article | December 13, 2011 - 1:58pm

On 13 December, the European Parliament endosed the plan under which the international nuclear fusion research project ITER will receive €1.3 billion from the EU budget for 2012 and 2013.

Article | December 2, 2011 - 4:58pm

On 2 December, the European Commission adopted a financial package worth €105 million to support public administration, regional development, energy efficiency and environment in Ukraine.

Article | December 2, 2011 - 3:13pm

While European banks are being bailed out by the billions, laid off workers will cease to receive support from the European Globalisation Adjustment Fund (EGF) that was first promised in 2009. Originally intended for workers made redundant by globalisation, millions of euro had been promised to help workers who have lost their jobs during the...

Article | December 2, 2011 - 2:08pm

The trilogue of the European Council, Parliament and Commission have reached full agreement on the funding of the experimental reactor 'ITER' for the next two years.

Article | December 2, 2011 - 1:32pm

The European Commission has proposed a new fund for the EU's maritime and fisheries policies for the fiscal period 2014-2020: the European Maritime and Fisheries Fund (EMFF). The Fund aims to deliver the ambitious objectives of the reform of the Common Fisheries Policy and help fishermen, as well as coastal communities.