SOFIA – Bulgaria is set to be placed under the EU’s excessive deficit procedure on Wednesday, just months after joining the eurozone, Prime Minister Rumen Radev said on Friday. Radev accused the ...

Italy’s cabinet approved a budget with a 3% deficit this year, allowing more funds for tax cuts and defense.

ROME, March 2 (Reuters) - Italy's budget deficit last ⁠year ⁠failed to fall inside the European Union's ⁠ceiling as targeted by the government, data showed on Monday, casting a shadow over Rome's ...

The country's currency falls to a record low against the euro as concerns mount about the state of its finances.

The Romanian government's political implosion this week in a no-confidence vote has cast a shadow over a region grappling with rising debt, defence spending and energy costs that are unsettling ...

Romania’s government collapsed after losing a no-confidence vote, triggering challenging talks over a new cabinet that’s needed to safeguard efforts to rein in the European Union’s widest budget ...

PRAGUE - The Czech parliament gave its initial nod to the 2023 state budget bill, setting the deficit at 295 billion crowns ...

Italian Foreign Minister Antonio Tajani called on Monday for ‌the European Commission to grant member states the same budget ...