By Krisztina Than BUDAPEST, Sept 5 : Hungary’s ruling Fidesz party is strongly committed to the mainstream conservative group in the European Parliament for elections next year, a top official said, but will still pursue common causes with the likes of Italy’s far-right League. Right-wing Prime Minister Viktor Orban agreed last week with League leader […]
Category: Eu
EU should adopt common cryptocurrency rules, report for ministers says
By Francesco Guarascio and Peter Maushagen BRUSSELS, Sept 4 : The European Union should adopt common rules on cryptocurrencies and scrutinise how new digital units are distributed to investors and subsequently traded, according to a report prepared for EU finance ministers. In the report, the Brussels-based think tank Bruegel argues for EU-level regulation of crypto […]
Italy’s bond yields tumble on hopes of EU-friendly budget
By Dhara Ranasinghe and Virginia Furness LONDON, Sept 5 : Italian bond yields fell to their lowest in almost a month on Wednesday, as hopes grew that the country’s anti-establishment coalition would respect European Union rules on fiscal discipline in upcoming budget talks. Deputy Prime Minister Luigi Di Maio said on Wednesday the forthcoming Italian […]
EU aims at deal on digital tax by year end – document
By Francesco Guarascio BRUSSELS, Sept 4 : European Union finance ministers will this week discuss proposals to adopt a tax on companies’ digital turnover by the end of the year, a document prepared by the Austrian presidency of the bloc said. EU governments agree that tax rules should be changed to increase levies on digital […]
Italy on collision course with EU over budget deficit
By Steve Scherer ROME, Sept 3 : Party leaders in the Italian coalition government signalled they will seek leeway from the EU to increase next year’s budget deficit, heading on a collision course with the European Commission and investors who want it cut. Following Fitch agency’s decision to lower the outlook on Italy’s debt rating […]
Defiant Kaczynski says Poland must avoid EU’s “social diseases”
By Pawel Sobczak and Pawel Florkiewicz WARSAW, Sept 2 : Poland belongs in the European Union but should be careful not to be “infected by social diseases” that dominate the bloc, ruling Law and Justice (PiS) party leader Jaroslaw Kaczynski said on Sunday. Speaking at a party convention ahead of local elections in October, Poland’s […]