Thursday

28th Mar 2024

Ticker

Dexia bank bail-out balloons Belgian budget deficit

Belgium and France must include last year's €5.5bn bailout of banking group Dexia in their budget deficit calculations, the European Union's statistics agency Eurostat said on Tuesday. The decision will push Belgium's budget shortfall beyond a European Union ceiling of 3 percent of gross domestic product (GDP).

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"Swiftly dial back" interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

Podcast

Moscow's terror attack, security and Gaza

This week's Euroscopic explores the consequences of Moscow's terror attack, the convergence of public safety and border/migration policy in an EU election year, and the United Nations Security resolution demanding an immediate ceasefire in Gaza.

Opinion

Why UK-EU defence and security deal may be difficult

Rather than assuming a pro-European Labour government in London will automatically open doors in Brussels, the Labour party needs to consider what it may be able to offer to incentivise EU leaders to factor the UK into their defence thinking.

Investigation

How migrants risk becoming drug addicts along Balkan route

Psychotropic drug abuse is one of the many dangers migrants face along the Balkan route. In overcrowded camps, doctors prescribe tranquilisers to calm people down. And black market circuits and pharmacies selling drugs without prescription contribute to the issue.

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