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Hungarian Central Bank Governor Gyorgy Matolcsy speaks during a business conference in Budapest, Hungary, June 9, 2021. REUTERS/Bernadett Szabo/File Photo Acquire Licensing RightsEGER, Hungary, Sept 21 (Reuters) - Hungary's central bank signalled caution on further rate cuts on Thursday while the government flagged a higher deficit and a new tax on banks to offset a drop in tax revenue as the highest inflation in the European Union hobbles the economy.The suggestion of a new tax on Hungary's banks, about half of which are foreign-owned, sent shares in central Europe's largest...

The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo Acquire Licensing RightsBRUSSELS, Sept 10 (Reuters) - Five candidates have come forward for the post of president of the huge European Investment Bank, Belgian Finance Minister Vincent van Peteghem said on Friday, the first of several top European Union jobs which member governments will haggle over in the next 12 months.The government-owned EIB calls itself the world's biggest multilateral financial institution by assets and will be a key player...

The EU High Representative for Foreign Affairs and Security Policy Josep Borrell speaks next to Spain's Minister of Defence Margarita Robles (not pictured) at a press conference during the informal EU ministerial meeting on defence in Toledo, Spain August 30, 2023. REUTERS/Isabel Infantes/File Photo Acquire Licensing RightsTOLEDO, Spain, Aug 30 (Reuters) - The European Union is moving ahead with the legal groundwork to impose sanctions on members of a junta that seized power in Niger last month, EU foreign policy chief Josep Borrell said on Wednesday.In deciding on sanctions, the...