Brussels backs Romania’s drastic fiscal recovery plan

Bucharest avoids the nightmare scenario of losing EU financial support.

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Trump trade war would deal ‘major blow’ to UK growth

Britain’s GDP faces a 1 percent hit in the most extreme scenario modeled by the Office for Budget Responsibility.

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Germany’s spending bazooka propels euro, borrowing costs higher

The euro surged against the dollar in early trading on Wednesday.

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Meloni’s bluff: Italy’s covert return to austerity as EU debt rules eat into health budget

A row over health care spending in Italy reveals the growing difficulties of defending Europe’s crumbling social model.

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Meloni will continue play to the center — for now

TheItalian leader isn’t too eager to hang her hat with the euroskeptic far right — at least not just yet.

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King appoints Flemish nationalist to lead Belgian coalition talks

Sunday’s elections paved the way for a center-right cabinet.

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Germany and EU face a new trilemma

The green transition and economic security are complimentary phenomena that can create a positive feedback loop.

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It’s the moment of truth for EU fiscal reform

A deal would likely result in more sensible deficit and debt reduction and higher public investment — all things the bloc’s economy could desperately use.

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