Government budgets

Italian Premier Giuseppe Conte, center, check his phone as he is flanked by his two deputies Luigi Di Maio, left, and Matteo Salvini, sipping a coffee, during a discussion on an anticorruption decree, at the Lower Chamber of Deputies, in Rome, Wednesday, Nov. 21, 2018. (Giuseppe Lami/ANSA via AP)
November 22, 2018 - 7:25 am
MILAN (AP) — Investors are snubbing Italian bonds as a battle heats up between the nation's populist government and the European Commission over the country's budget. Orders for the four-year Italian bonds on Thursday reached 2.16 billion euros ($2.47 billion), well below the more than 8 billion...
Read More
An elderly man smokes a cigar during a rally in Athens, Tuesday, Nov. 20, 2018. Hundreds of pensioners protested demanding a return of funds lost as part of austerity measures. (AP Photo/Thanassis Stavrakis)
November 21, 2018 - 9:33 am
ATHENS, Greece (AP) — Greece's bailout creditors have approved a request by the country to scrap pension cuts planned in 2019 after the country delivered a strong budget performance. In a report published Wednesday, the European Commission said the previously agreed cuts were no longer considered...
Read More
November 21, 2018 - 6:46 am
BRUSSELS (AP) — A top EU official says Italy's draft budget for next year is in breach of the rulebook underpinning the euro and he is signaling the start of a legal procedure against the country over the spending plan. European Commission Vice-President Valdis Dombrovskis told reporters Wednesday...
Read More
German Chancellor Angela Merkel delivers a speech during the budget debate of the German federal parliament, Bundestag, at the Reichstag building in Berlin, Germany, Wednesday, Nov. 21, 2018. (AP Photo/Michael Sohn)
November 21, 2018 - 6:44 am
BERLIN (AP) — Chancellor Angela Merkel on Wednesday rejected calls from nationalist lawmakers for Germany to drop its support for a U.N.-backed agreement on migration. Several countries — including the United States, Hungary, Austria, Israel, Australia and Poland — have announced they won't back...
Read More
Portuguese Economy Minister and chair of the eurogroup Mario Centeno arrives for a meeting of eurozone finance ministers at the EU Council building in Brussels, Monday, Nov. 19, 2018. (AP Photo/Virginia Mayo)
November 19, 2018 - 1:37 pm
FRANKFURT, Germany (AP) — A top eurozone official says the 19 countries that use the euro will push ahead with discussions on a eurozone budget proposed by France and Germany to make the currency union more resistant to crises. Mario Centeno, president of the eurozone finance ministers' group, said...
Read More
Italian deputy Premier and Labor Minister Luigi Di Maio talks to reporters at the end of a cabinet meeting on Italy's budget, outside Rome's Chigi Palace government headquarters, Tuesday, Nov. 13, 2018. (AP Photo/Andrew Medichini)
November 14, 2018 - 10:15 am
MILAN (AP) — Italian borrowing costs nudged higher Wednesday after the populist government resubmitted draft budget proposals without the significant changes sought by the European Commission. A day after receiving the Italian government's submission, the European Union's executive branch said it...
Read More
FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. The Treasury Department issues a report Tuesday, Nov. 13, on how much money Uncle Sam took in and paid out last month. (AP Photo/Alex Brandon, File)
November 13, 2018 - 3:04 pm
WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year's October...
Read More
November 13, 2018 - 1:18 am
DUBAI, United Arab Emirates (AP) — Higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, with these countries narrowing their budget deficit by $77 billion, the International Monetary Fund said on Tuesday. The...
Read More
FILE - In this Tuesday, Oct. 2, 2018 file photo, West Virginia Supreme Court Justice Allen Loughry leaves the Robert C. Byrd United States Courthouse in Charleston, W.Va. after a federal jury was selected for his criminal trial. On Saturday, Nov. 10, 2018, the office of Gov. Jim Justice said that he has accepted the resignation of the suspended state Supreme Court justice recently convicted of federal charges, days ahead of a legislative session set to consider the justice’s removal amid an ongoing scandal involving the court. (Craig Hudson/The Charleston Gazette-Mail via AP)
November 10, 2018 - 9:37 pm
CHARLESTON, W.Va. (AP) — A suspended West Virginia Supreme Court justice who was recently convicted of 11 federal charges is stepping down just ahead of a special legislative session to consider his removal, the governor's official disclosed Saturday. The development was the latest step in an...
Read More
Deputy Premier and Labor Minister Luigi Di Maio talks to reporters during a press conference at the Foreign Press Association headquarters, in Rome, Friday, Nov. 9, 2018. (AP Photo/Andrew Medichini)
November 09, 2018 - 10:19 am
ROME (AP) — The head of one of Italy's ruling parties insisted Friday that the country won't exit the euro currency bloc nor exceed its targeted deficit limit, dismissing the European Union's worries about the populist government's budget strategy. Deputy Premier Luigi Di Maio, who heads the main...
Read More

Pages