Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «budget»

November 19, 2018 5:54 PM 'EU is LOST!' EU Commission candidate warns Italy clash could cause second euro CRISIS

GERMAN MEP Manfred Weber warned Italy's controversial budget plans could cause a second big financial crisis in Greece and Spain unless the founder member state accepts to make a U-turn on its political direction. Speaking to France24, the EPP candidate for the European Commission Presidency after Jean-Claude Juncker said Italy should reconsider its position 8

November 16, 2018 2:58 PM Brexit: What do Theresa May’s Tory enemies object to in the deal?

Theresa May's draft Brexit agreement has left some of her fellow Conservative MPs seething. There's a broad range of objection, but these are some of their key complaints. For the Brexit faithful, it all comes down to control. Esther McVey, one of two senior members of the UK government to quit because of the proposed deal, did so because it fails to "regain 8

November 15, 2018 7:24 PM Italy shock poll as 60 percent think the EU is bad for them

SIX in ten Italians feel mistreated by the European Union, a shock poll claims. More than half of Italians polled are losing trust in the EU as just seven percent still believe the institution has their best interests at heart. These bombshell revelations come as Italy is still on a collision course with the EU after refusing to change its budget plan. The populist 16

November 14, 2018 7:47 AM EU CRISIS: Italy DEFIES Brussels over budget spending plans

ITALY remains on a collision course with the EU after refusing to change its budget plan. The European Commission had given Rome a deadline of midnight to respond to its demands. Brussels could now launch an “excessive deficit procedure” (EDP) against Italy as early as November 21. The EDP could see the Commission impose financial penalties of up to 0.5 per cent of GDP, which 10

November 13, 2018 9:51 AM British MEP warns of eurosceptic UPRISING as he ridicules 'AGGRESSIVE' EU superstate

BRITISH MEP Raymond Finch launched a furious attack on the European Union during a heated debate in European Parliament on Tuesday – warning the Brussels bloc it must stop counting on “benighted British taxpayers” to fund its budget. The MEP hit out at the European Union and warned there will soon be an influx of eurosceptic MEPs as a result of the “armed 12

November 13, 2018 7:18 AM Italy 'will WIN' against EU: Economist admits budget crisis could UNRAVEL eurozone

A LEADING economic analyst has predicted that Italy will triumph over the European Union, as the budget standoff between the two sides comes to a head tomorrow. There are mounting fears around the future of the EU, ahead of tomorrow's Brussels-imposed deadline for Italy to submit a revised budget. The European Commission rejected Italy’s 2019 budget 7

November 12, 2018 2:02 AM US economic CRISIS: US will spend more on debt than the MILITARY by 2023, report reveals

THE US will spend more on interest payments for its colossal debt than the military by 2023, according to shocking new figures, raising questions about the long-term stability of the American economy. The worrying figures were released by the Congressional Budget Office which tracks spending by the US government. Last year the US spent $263billion (£203billion) 11

November 9, 2018 6:45 PM Ryanair passengers STRANDED as plane SEIZED by authorities over UNPAID debt

Nearly 150 passengers were stranded after the London-bound flight was commandeered at Bordeaux Airport on Thursday. A row over French subsidies Ryanair was paid for flights from Angouleme airport in the Charente region between 2008 and 2009 was blamed for the Boeing 737’s seizure. The French Civil Aviation Authority (DGAC) grounded the Boeing 737 with 149 passengers 10

November 7, 2018 8:01 PM 'I don't have to make concessions' Italian PM's stern warning to EU in budget row CLASH

ITALIAN Prime Minister Giuseppe Conte launched a scathing attack against the European Union claiming he will make no concession to Brussels over his government's 2019 budget plan. The EU's Economic Commissioner Pierre Moscovici said Rome must realise it cannot break the bloc's fiscal rules, which it is in breach of with its bumper spending plan. Brussels 9

November 6, 2018 12:00 PM EU CIVIL WAR: Brussels chief threatens Italy with SANCTIONS in punishment for budget

ITALY has been threatened with sanctions from the European Union if it fails to budge on its planned 2019 budget. Economic Commissioner Pierre Moscovici said Rome must realise it cannot break the EU’s fiscal rules, which it is in breach of with its bumper spending plan. The EU is concerned the budget proposals would increase Italy’s public debt burden 14