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Latest news and analysis on the intersection of financial policy, politics and regulation.
Von der Leyen’s mission: Stop Europe’s ‘slow agony’ of decline

Von der Leyen’s mission: Stop Europe’s ‘slow agony’ of decline

The European Commission president has pledged to boost the EU’s ability to compete with the U.S. and China.

December 20, 2024 4:02 am CET
Kids’ poor math skills pose risk to EU economy, report says
Berlin mulls extravagant measures to stall takeover attempt on top bank
France adopts stopgap budget to avoid US-style shutdown
EU to Germany: Your lack of investment isn’t our fault
How you gonna fix Germany?

How you gonna fix Germany?

December 18, 2024 4:21 am CET
Why an Italian banking battle is sowing division in Giorgia Meloni’s government
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Meloni government waters down increase to ministers’ salaries after huge backlash

Rome’s push for wage bumps jarred with an otherwise cost-cutting budget.

December 17, 2024 3:17 pm CET

New PM faces three steep hurdles to deliver a budget and stabilize France

Will François Bayrou’s government collapse over a budget vote, just as his predecessor’s did?

December 17, 2024 2:32 pm CET

France’s credit rating cut by Moody’s just hours after new prime minister appointed

“Political fragmentation” in Paris means there is a “very low probability” of reducing the ballooning fiscal deficit, ratings agency says.

December 14, 2024 8:27 am CET

Bundesbank says 2025 spells big trouble for German economy

Even the labor market is a problem now, central bank warns.

December 13, 2024 1:46 pm CET

Can a German lead the digital euro through the European Parliament? The EPP seems to think not.

MEP Stefan Berger had become a vocal skeptic of the project.

December 12, 2024 8:28 pm CET

Macron will name new prime minister on Friday

Macron has missed his own 48-hour deadline to appoint a successor to Michel Barnier.

December 12, 2024 7:56 pm CET

NATO’s Rutte wants a return to Cold War-level military spending

Governments need to make more orders and defense contractors have to take more risks, NATO’s secretary-general said.

December 12, 2024 5:08 pm CET

ECB cuts interest rates again as inflation eases and growth falters

Frankfurt softens the hawkish bias that has colored its policy for the last three years, but it still sees policy as restrictive after a fourth cut this year.

December 12, 2024 2:25 pm CET

War, crisis scenarios merit EU fiscal rule rethink, Portugal’s finance minister says

The EU should begin discussing a new crisis-proof framework next year, Lisbon’s Joaquim Miranda Sarmento tells POLITICO.

December 10, 2024 6:57 pm CET

ECB set to cut rates again and signal easier stance

As Berlin and Paris flounder, expect a stronger lead from Frankfurt.

December 10, 2024 4:23 pm CET

Treat France as strictly as us, say Dutch

Need for Paris to cut spending is “in the interest of Europe as a whole,” says Netherlands finance minister.

December 9, 2024 4:58 pm CET

UK chancellor tells Brussels: We won’t choose Trump over EU

The U.K. finance minister dismissed the idea that Britain would have to pick sides in a possible trade war between the EU and U.S.

December 9, 2024 4:43 pm CET
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A stopgap budget meant to stave off US-style shutdown in France is ready

The outgoing government prepared the special legislation as Macron aims to find a new prime minister within days.

December 9, 2024 12:30 pm CET

UK chancellor heads to Brussels, distracting EU from Trump’s ‘crazy world’

Five years after Brexit, Rachel Reeves will find Europe ready to talk ― as it looks for respite from some of its own troubles.

December 8, 2024 10:00 am CET

Bracing for a Russian attack: EU defense chief wants €100B for weapons

Andrius Kubilius is the EU’s first defense and space commissioner.

December 7, 2024 9:47 am CET

Markets are rewarding Meloni for resisting French temptation

Yields on debt for the two countries are converging, thanks to instability in Paris and a Rome government that has managed to divide the opposition. 

December 6, 2024 8:02 pm CET

Why markets and the EU aren’t panicking over France’s budget mess — yet

The financial storm Prime Minister Michel Barnier said would follow if he was toppled hasn’t materialized. Was he exaggerating or are markets simply being complacent?

December 5, 2024 7:59 pm CET

Putin changes ruble rules to keep Russian gas flowing to EU

Unexpected sanctions imposed by the U.S. on Gazprombank threaten Moscow’s contracts with Hungary and Slovakia.

December 5, 2024 6:30 pm CET

EU ready to step in if US withdraws from G7’s $50B Ukraine loan

Trump should make his intentions known so the EU can make a contingency plan, says top Polish finance official.

December 5, 2024 4:45 am CET

Hungary to lose €1B in EU funds by year-end

Cash allocated for poorer regions will be gone for good unless Hungary completes reforms asked by the Commission.

December 5, 2024 4:43 am CET

Easy does it — ECB can keep cutting gradually in December, says Croatia’s Vujčić

Political uncertainty stalking the eurozone, however, is best navigated with a meeting by meeting approach.

December 4, 2024 11:25 am CET

Let’s work with farmers, not against them, says new EU agri chief

Christophe Hansen says his new vision for agriculture and food will be “different” and exclude “eat it or die” targets.

December 3, 2024 6:00 am CET

How to navigate Poland’s EU presidency policy agenda like a pro

The country’s half year at the Council’s helm coincides with a changing of the guard at the European Commission.

December 3, 2024 4:00 am CET

Poland takes EU baton as Tusk braces for pivotal presidential election

May’s vote on Poland’s next head of state looms large over the country’s six-month EU presidency, which starts Jan. 1.

December 3, 2024 4:00 am CET
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