A collection of 6 posts
Greece has announced plans to repay its first bailout loans a decade ahead of schedule, in a move that officials say underscores the country’s economic recovery and new fiscal credibility. The repayment strategy would see Greece pay off the remaining EUR 31bn of its initial EUR 53bn in bailout
The EU’s internal market is still falling short of its founding promise. Despite decades of integration, consumers across member states face uneven product quality and varied prices. This is due to regulatory fragmentation in two main forms: Territorial Supply Constraints and gold-plating. TSCs occur when suppliers block cross-border sourcing
Romania will not levy new taxes next year, Romanian Prime Minister Marcel Ciolacu pledged on Thursday 16 November, with parliamentary elections expected in around a year. “I said very clearly that there will be no new taxes next year,” Ciolacu said at the opening of a government meeting. “I want
Romanian Prime Minister Marcel Ciolacu declared that he was happy after holding discussions with International Monetary Fund experts after their annual visit from 25 September and 4 October. According to Romanian Finance Minister Marcel Bolos the IMF had advised the government to crack down on tax evasion. The IMF overall
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in part to encourage power saving. In the wake of Russia’s invasion of Ukraine, energy consumer prices are rising 40% year-on-year in the euro zone, drastically reducing disposable incomes,
Ukraine’s President Volodymyr Zelensky is calling Russian forces bombing on Wednesday of a 600-bed children’s and maternity hospital in the port city of Mariupol “genocide”. Ukrainian authorities say the facility has been “completely destroyed” – 17 people were wounded, writes the Guardian. “Hospitals and schools are destroyed. Churches and