European Union News
ECB cuts rates 25 basis points to 3% amid worsening growth outlook, slowing inflation
The European Central Bank (ECB) slashed its interest rates further 25 basis points to 3 per cent on Thursday, as the inflation slows down and growth outlook worsen in the EU, reported AFP.
3 min read12 Dec 2024Germany’s economic crisis offers it an opportunity to break an old gridlock
Its institutional settings have outlived their utility. Its education and financial systems were geared for metal-bashing industries, but it now needs an AI focus, more risk capital, flexible decision-making and greater fiscal leeway—freed of ‘debt brakes’.
4 min read12 Dec 2024India, EU aiming for balanced, ambitious comprehensive and mutually beneficial FTA: Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal reaffirmed India’s commitment to forging a balanced, ambitious, and mutually beneficial Free Trade Agreement (FTA) with the European Union (EU) during an interaction with Ambassadors from the European Commission delegation and member states.
1 min read12 Dec 2024India-EU trade pact talks need political directions for meaningful deal
India-EU trade pact talks need political directions for meaningful deal
1 min read12 Dec 2024India’s Inflation Story: Here are five key things you should know
India awaits the November CPI inflation data, set to be released on December 12. Here are five things you should know about the country’s inflation story.
4 min read11 Dec 2024Poland Calls on Germany to Show Leadership With Defense Spending
Germany should step up its defense spending to set an example for the European Union as doubts grow about US military support for Ukraine, a senior Polish defense official said.
3 min read10 Dec 2024Europe on Collision Course with Trump on Big Tech Crackdown
The European Union’s multiyear clampdown on some of the largest American companies is set to force President-elect Donald Trump to decide which bothers him more: Europe or Big Tech.
6 min read9 Dec 2024The US and Europe may be headed for a divorce
Trump’s re-election has exposed aesthetic and substantive divisions within the alliance.
4 min read26 Nov 2024United States, European Union among others to back new $300 billion global finance target: COP29
At the COP29 climate summit, the United States and the European Union backed the proposal of raising the global finance target to $300 billion per year by 2035, reported Reuters. The details are pending and will only be available after a agreement in signed.
3 min read23 Nov 2024Mario Draghi outlines his plan to make Europe more competitive
The continent needs investment on a par with the Marshall Plan and a lot more innovation, says the former central banker
6 min read13 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared