EU slams France, Italy, Portugal for spending 'imbalances'
Vice-President of Euro and Social Dialogue
Strasbourg - AFP
The European Commission on Tuesday said France, Italy and Portugal were in violation of EU rules on public spending and would be more closely monitored by Brussels.
In a statement the commission, the EU's executive arm, pointed to France's "large public debt coupled with deteriorated productivity growth".
It also singled out Italy's "high government debt" along with a worrying levels of long-term unemployment that "weighs on growth prospects". In all five countries, including Bulgaria and Croatia, were found to be experiencing "excessive imbalances" in the EU.
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:56 2018 Merkel policies in focus in final debate on draft German budget
- Thursday ,08 November GMT 14:11 2018 Greek minister, Russian ambassador discuss possible investment projects
- Wednesday ,07 November GMT 11:15 2018 Top U.S. diplomat visits Pakistan to discuss economic cooperation
- Thursday ,01 November GMT 13:53 2018 Alrosa to sell 127 large gem-quality rough diamonds at an auction in Israel
- Tuesday ,30 October GMT 10:59 2018 Trade turnover between Russia and Japan grows by over 17% in 2018
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 15:38 2017 Wednesday ,15 November
Alibaba takes record $25 bn on 'Singles Day'
GMT 21:27 2015 Saturday ,29 August
Anderson wins Winston-Salem crown
GMT 15:44 2018 Tuesday ,11 December
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 08:55 2018 Wednesday ,26 September
Pakistan, Qatar pledge to take their brotherly relations to next level
GMT 10:08 2013 Thursday ,21 March
Why do Arab nations fail?
GMT 15:06 2017 Wednesday ,05 April
Accenture launches upgraded banking technology platform
GMT 16:05 2017 Thursday ,24 August
Singer Qamar praises reactions to “Kiss My Lips”
GMT 21:33 2017 Saturday ,22 April
Volkswagen gathers owners and fans
GMT 11:34 2017 Friday ,24 March
American Charge d'Affaires Inspects American Section
GMT 12:07 2017 Tuesday ,02 May
'Furious 8' revs ahead North American box office
GMT 08:16 2017 Wednesday ,04 October
Dutch defence minister resigns over soldier deaths
GMT 08:33 2017 Saturday ,16 September
Politician to achieve reconciliation
GMT 10:58 2017 Thursday ,27 April
Lebanon’s Armenians welcome Hollywood genocide recognition
GMT 03:42 2017 Monday ,01 May
Ooredoo reduces roaming rates throughout the GCC
GMT 10:10 2017 Thursday ,16 November
Russian MPs back law targeting foreign media
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor