Brussels warns Eurozone capitals over rise in spending
Commission recommends Finland be placed under excessive deficit procedure but Italy looks set to exit
Related reading
EU warns capitals against turning energy crunch into fiscal crisis
Excessive spending to cushion soaring prices would have ‘serious fiscal implications’, says economy commissioner
Germany to avoid EU punishment for breaching budget rules
Exemption for higher defence spending will help Berlin avoid corrective measures, says bloc’s economy commissioner
Europe is falling short in its quest for global economic clout
Brussels is struggling to adapt to a conflict-ridden world trading system
Brussels proposes revamp of controversial securitisation rules
European Commission suggests cutting minimum risk weights after pressure from industry and former ECB president Mario Draghi
Brussels to loosen merger rules for defence companies
European Commission also to give reassurances about arms makers’ compliance with environmental standards to attract investment
Europe urgently needs a remedy for the ‘Brussels defect’
The EU must stop thinking it can turn thorny political controversies into solvable technical issues