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Government finance

  • Asia stocks extend losses after big sell-off

    Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve ... 

  • ECB's Draghi: 'Imperative' to set up new bank body

    European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted ... 

  • Antonis Samaras, Enda Kenny

    Greeks to see no tax relief until budget improves

    Greece's conservative-led government can't lower taxes before the public deficit falls further, the prime minister said Thursday, but he pledged to ... 

  • Spain pays higher interest rates in bond auction

    Spain has had to pay higher interest rates to auction off 4 billion euros ($5.2 billion) in governments bonds as financial markets were unnerved by ... 

  • Fiat Industrial aims to shift tax home to Britain

    Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros ($646 million) in tax revenues if it moves ... 

  • Francois Hollande

    EU steps up fight against tax evasion by end 2013

    The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the ... 

  • Turkey enacts tax amnesty

    Turkey's parliament has launched a tax amnesty in an attempt to lure back citizens' assets held overseas and help bolster government finances. 

  • No new funds needed for Okla. tornado recovery

    Top lawmakers and officials said Tuesday that the federal government has plenty of money on hand to pay for recovery efforts in the wake of the ... 

  • Does France have right plan to revive its economy?

    The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. 

  • How the French economy compares to Germany's, UK's

    Here's how the struggling French economy stacks up compared to Germany's and Britain's. GROSS DOMESTIC PRODUCT (2012) France: 2 trillion euros ($2. 

  • Glance: Europe's Key Institutions

    Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who ... 

  • Barack Obama, Recep Tayyip Erdogan

    Obama acts on scandals; Republicans unsatisfied

    President Barack Obama, seeking to regain his footing amid controversies hammering the White House, named a temporary chief for the scandal-marred ... 

  • Merkel, Hollande at odds over Europe's way forward

    Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the leaders of ... 

  • Lawmakers accuse Google of dishonesty over taxes

    U.K. lawmakers subjected search giant Google to blistering criticism Thursday, accusing the U.S. Internet company of playing games with Britain's tax ... 

  • Luxembourg PM downplays swift tax evasion deal

    Luxembourg's Prime Minister says he doesn't expect an agreement on one of the European Union's key policies against tax evasion to emerge at next ... 

  • UK campaign group loses challenge on tax deal

    A U.K. pressure group Thursday lost its legal challenge to what it called a "sweetheart" tax deal between U.K. authorities and Goldman Sachs. UK Uncut ... 

  • Benjamin Netanyahu, Sara Netanyahu

    Israeli leader under fire for costly lifestyle

    For years, Israeli Prime Minister Benjamin Netanyahu has been saddled with an image of a cigar-smoking, cognac-drinking socialite. Now a new ... 

  • Fitch upgrades Greece's credit rating

    Debt-hobbled Greece got a new morale boost Tuesday, with Fitch ratings agency upgrading its sovereign credit grade, a day after the country's European ... 

  • Michael Noonan, Herman Van Rompuy

    EU to shift bill for bank failures to creditors

    European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors — including the holders of large ... 

  • Croatia Airlines goes on strike over pay cuts

    Croatia Airlines pilots and flight attendants went on strike Tuesday over planned salary cuts and layoffs that are part of efforts to restructure the ... 

  • Report: UK military 'unrealistic' on cost risks

    Britain's Ministry of Defense has taken an over-optimistic approach to its equipment budget, an influential committee of lawmakers warned Tuesday, ... 

  • Poll shows favorable views of EU in sharp decline

    Positive views of the European Union by its citizens are near all-time lows. And no EU country is plunging faster into the abyss of gloom than France. 

  • Euro ministers urge troubled Slovenia to act

    European finance ministers on Monday urged Slovenia to move swiftly in addressing the problems in its banking sector and get its public finances under ... 

  • Greece uses emergency power on striking teachers

    The Greek government said Monday it will use emergency powers to prevent protesting teachers from disrupting university entrance exams this month. 

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Government finance news and stories
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