Italy’s cabinet approved a budget with a 3% deficit this year, allowing more funds for tax cuts and defense.

BRUSSELS—European Union authorities could still launch enforcement efforts against some countries for their budget plans, even though the EU found no major violations of the bloc’s budget rules in ...

The no-confidence vote was a blow to Prime Minister Ilie Bolojan, who came to power with the aim of ending one of Romania's ...

Italian Foreign Minister Antonio Tajani called on Monday for ‌the European Commission to grant member states the same budget ...

The country's currency falls to a record low against the euro as concerns mount about the state of its finances.

PRAGUE - The Czech parliament gave its initial nod to the 2023 state budget bill, setting the deficit at 295 billion crowns ...

The Dutch government, one of the most vocal critics of European countries failing to rein in their budgets, quit Monday after failing to agree on a plan to bring its own deficit in line with EU rules.