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Paolo Gentiloni

EU Commission urges Germany, others not to dig in on stricter EU debt rules

European Economy Commissioner Paolo Gentiloni urged governments to set aside rigid positions on the reform of the bloc’s debt rules and seek common ground...

Commission plans EU business tax overhaul

A planned reform of EU corporate taxation would substitute national business tax rules, EU Economy Commissioner Paolo Gentiloni announced on Monday, according to Politico. “The...

Top EU officials call for joint borrowing to deal with energy crisis

Two top European Commission officials called on Tuesday for joint borrowing by the 27-nation European Union to finance a response to the energy price...

EU slashes growth, increases inflation forecast

The war in Ukraine pushed the European Commission to slash its annual growth expectation to 2.7% for both the EU and eurozone this year,...

EU Commission to relax energy tax rules to fend off inflation

The European Commission will propose derogations to the bloc's existing energy taxation rules to protect households and businesses from inflation, Economy Commissioner Paolo Gentiloni...

EU to Consider Massive Joint Bond Sales to Fund Energy, Defense

The European Union will unveil a plan as soon as this week to jointly issue bonds on a potentially massive scale to finance energy...

EU takes Poland to court amid fears for bloc’s legal order

The European Union on Wednesday launched legal action against Poland over recent decisions by one of the country’s top courts which have raised troubling...

EU Commission raises 2021 eurozone growth forecast

The European Commission lifted its growth projection for the bloc on Thursday, while warning of mounting headwinds as the fourth wave of the coronavirus pandemic...

EU starts work on fiscal reforms after COVID-19 spending splurge

The European Union began work this week revising its fiscal rules as it considers new exceptions to allow for the massive investments needed to...

France gets first tranche of €5.1bln from EU Recovery Fund

France on Thursday secured its first tranche of money amounting to €5.1bln from the €800bln EU Recovery Fund aimed at helping the bloc bounce back...