Edition:
India

Jan Strupczewski

EU, China, others, team up to coordinate 'green' investment financing

19 Oct 2019

WASHINGTON The European Union, China, India and several other countries teamed up on Friday to coordinate rules and standards for trillions of dollars of private and public "green" investment needed over decades to prevent irreversible climate change.

EU budget rules guardian wants them simpler, focussed on cutting debt

18 Oct 2019

WASHINGTON European Union budget rules that underpin the euro must be made simpler and focussed on cutting debt because negative yields will not last forever, the EU's Economic Commissioner Pierre Moscovici in charge of enforcing the rules said on Thursday.

Italy's draft 2020 budget may require some work, but no crisis seen - EU

18 Oct 2019

WASHINGTON The European Commission is checking if the increase in the structural deficit in Italy's draft 2020 budget can be justified under EU budget rules, but Brussels does not want to "create a crisis" over it, Economic Commissioner Pierre Moscovici said.

Italy's draft 2020 budget may require some work, but no crisis seen: EU

18 Oct 2019

WASHINGTON The European Commission is checking if the increase in the structural deficit in Italy's draft 2020 budget can be justified under EU budget rules, but Brussels does not want to "create a crisis" over it, Economic Commissioner Pierre Moscovici said.

UPDATE 2-EU ministers agree euro zone budget short of original ambitions

10 Oct 2019

* It will pay for investment and reforms, co-financed nationally

UPDATE 2-Euro zone puts pressure on Dutch, Germans to spend more

09 Oct 2019

* Euro zone wants cash-rich states to spend more to boost growth German, Dutch ministers say they are spending more already

EU ministers close to deal on small euro zone budget

09 Oct 2019

LUXEMBOURG European Union finance ministers are discussing the final details of a pool of money that would be earmarked for the euro zone and would support investment and reforms.

Euro zone needs pre-emptive fiscal stimulus or may face protracted low growth - document

07 Oct 2019

BRUSSELS, Oct 7 The slowing euro zone economy needs pre-emptive fiscal stimulus from cash-rich countries like Germany and the Netherlands or it will face a long period of low growth, the European Commission will tell euro zone ministers next week.

EU report to lay out options for development financing overhaul: sources

05 Oct 2019

LONDON/BRUSSELS A European Union review of how to deploy the bloc's international lending firepower will be delivered to finance ministers next week, sources have told Reuters, with three options for a major overhaul of its current set-up.

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