FundsFraud-busters swoop on Greek contracts involving €2.5B of EU recovery funds – POLITICOApril 10, 2024203Alleged bid-rigging The complaint by European Dynamics was transferred to OLAF, which sent it to the EPPO for investigation for...
MoneyLamborghini and Rolexes seized in massive EU police raid over €600M Covid fraud – POLITICOApril 4, 2024174Italy is the largest beneficiary of the EU’s post-Covid economic recovery fund, with €191.5 billion in grants and loans to...
EconomyBasket-case Britain can only look on with envy at Giorgia Meloni’s new ItalyApril 3, 2024170Does this sound familiar? We might not have had so many governments, but here in Britain we’ve had five prime...
BankingEU will have to seize Russian assets eventually if it wants a Ukraine win, ECB official says – POLITICOMarch 20, 2024178"We’re all in the European Union, and an attack on one is an attack on everybody," he said. "Those countries...
MoneyRisk of ‘lost decade’ as EU countries face economic cliff edge – POLITICOMarch 19, 2024175Southern European economies were mired in long recessions after the eurozone crisis in 2009, with public debt and unemployment soaring...
EconomyEU leaders flock to Egypt to ink €7.4B economic aid, migration deal – POLITICOMarch 17, 2024179The EU-Egypt deal coincides with an uptick in irregular migration to the bloc of wealthy countries. Following a lull in...
MoneyThe bloc agrees on a €5B weapons fund – POLITICOMarch 13, 2024159France, backed by Cyprus, held up an agreement by insisting that the fund be used to reimburse only EU-made equipment...
MoneySick of EU red tape? Bring your green money here, Ukraine says – POLITICOMarch 12, 2024156Russia’s invasion has already caused billions in damage to Ukrainian infrastructure and property. Just last week, International Atomic Energy Agency...
BankingUS threatens EU bank with sanctions – mediaMarch 10, 2024214© Sputnik / Maria Devkhina Washington has reportedly warned Austria’s banking giant Raiffeisen over its operations in Russia © Sputnik /...
MoneyDiscord among wealthy countries hampers landmark climate fund – POLITICOFebruary 15, 2024224Money matters Countries agreed to split the board’s membership to ensure a roughly even representation of developing countries — the...