Eu Budget

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  EU Takes Action Against France, 5 Nations Over Budget Rule Violation

  France, Italy and five other EU countries were placed in a formal procedure on Friday for violating the bloc's budget rules, a step that could lead to unprecedented penalties unless they take corrective measures.

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  EU to Speed Up Space Ambitions, Commissioner Breton Says

  The European Union will plough more money into rocket launches, satellite communication and space exploration to preserve its often unsung successes in space and keep up with US and Chinese ambitions, its space chief said on Sunday.

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  Britain Doubles 2019 Budget As It Prepares To Leave EU

  Britain will provide an extra £2.1 billion ($2.6 billion, 2.3 billion euros) to prepare for leaving the European Union, with or without a deal, doubling its current 2019 budget, the government announced Wednesday.

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  Northern EU States Urge Caution In Euro Reforms

  Eight northern European countries said on Tuesday that euro zone reforms should focus on completing the banking union, improving compliance with budget rules and setting up a European Monetary Fund, with more ambitious plans left for later.

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  Google Antitrust Fine Will Benefit EU Citizens, Says Commissioner Vestager

  Vestager said each of these countries would see its contribution to the EU budget reduced in the following year, "pro rata, based on this fine".

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  Britain Braces For First Budget Since Brexit Vote

  Britain on Wednesday delivers its first budget since the Brexit referendum, with economists expecting a slight shift away from years of austerity as the nation readies its EU exit strategy.

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  Tech Firms Add Lobby Strength as EU Gets Tough

  A review by Reuters of EU lobbying budgets of a handful of leading US firms showed Google among the biggest spenders of all corporations.

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  UK Warns May Miss 2020 Budget Surplus Target On Brexit

  British finance minister George Osborne warned Friday that the government would likely scrap its promise to achieve a budget surplus by 2020 owing to fallout from Brexit.

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  What Would It Cost To Leave EU? UK Slaps A Price Tag On It

  Britain's Treasury chief has put a price tag on it: Leaving the European Union would cost Britain the equivalent of $6,100 per household.

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  Cipla Completes $550 Million Acquisition of Two US Firms

  Cipla acquired InvaGen Pharmaceuticals and Exelan Pharmaceuticals.

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  Italy's PM Matteo Renzi Ready to Fight European Union on 2016 Budget

  Italy's Prime Minister Matteo Renzi said today that Europe was not "a teacher with a red pen" which could send back the country's 2016 budget like homework to be corrected.

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  Italy to Get Cash Boost with PM Matteo Renzi's Giveaway Budget

  Buoyed by a major breakthrough in his wide-ranging reform programme, Italian Prime Minister Matteo Renzi today unveils an expansionary 2016 budget designed as a shot in the arm for a still-sickly economy.

• EU Launches Subsidy Investigation Over Indian Iron Pipes

  The complaint was lodged at the end of January by the pipe and drainage units of French construction group Saint-Gobain.

• European Union Gives France, Italy Last Chance to Fix Budgets

  The EU on Friday gave France, Italy and Belgium an extra three months until March to fix their bloated budgets, but warned it would still enforce humiliating sanctions if they fail to curb spending.

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  Anger Mounts in Hungary Over Internet Tax

  Economy Minister Mihaly Varga said the tax was needed to plug holes in the 2015 budget of one of the EU's most indebted nations.