Government Budgets
Greece: Creditors approve U-turn on pension cuts
Nov 21, 2018
Greece's bailout creditors approve request to scrap pension cuts planned in 2019 following strong budget performance
Italy faces higher borrowing costs, sanctions on budget
Nov 14, 2018
Italy's borrowing costs have soared after the populist government resubmitted its draft budget without the sort of significant changes sought by the European Commission
IMF warns Italy's spending plan makes country vulnerable
Nov 13, 2018
The International Monetary Fund is warning that Italy's plan to sharply increase spending carries "substantial" risks and would leave the country vulnerable to market turmoil
IMF: Mideast oil producers buoyed by higher prices, for now
Nov 13, 2018
IMF: Higher oil prices help offset increases in public spending by Mideast oil exporting heavyweights like Saudi Arabia
With split Congress, prospect for economic deals looks dim
Nov 7, 2018
With a divided Congress, prospects for legislative breakthroughs on the economy look dim
Italian bank Intesa weathers EU budget storm, profits up
Nov 6, 2018
Italian bank Intesa SanPaolo says its third-quarter profits rose 28 percent, mostly due to accounting changes to reflect the acquisition last year of two failing regional banks.
Catalan separatists indicted for rebellion as trial nears
Nov 2, 2018
Spanish prosecutors have called for former Catalan Vice President Oriol Junqueras to be imprisoned for 25 years on charges of rebellion and misuse of public funds, the highest prison term sought for separatist leaders who pushed for Catalan independence
Global shares mixed after Wall Street tumble
Oct 29, 2018
Global stock markets mixed after Wall Street slide fuels concern about global market outlook
Clashes as Argentina Congress debates budget amid crisis
Oct 24, 2018
Demonstrators and police are clashing outside of Argentina's Congress as lawmakers discuss next year's budget
Trump wants to push middle-income tax cut through Congress
Oct 22, 2018
President Donald Trump wants to push a new middle-income tax cut through Congress after the midterm elections, though he's not offering specifics on the plan.
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