spending rules

Early on Saturday, the European Parliament and the member states came to an agreement on the revision of EU fiscal regulations, which aims to increase investment while controlling spending. Following the overnight negotiations, the EU Council...

On December 20, EU finance ministers will convene an unusual meeting via video link in a final attempt to reach a consensus on changing spending regulations. The European Union aims to give governments more flexibility and...

In order to free up funds for social and infrastructure expenditure, President Luiz Inacio Lula da Silva successfully lobbied for new fiscal regulations to be ratified by Brazil’s Congress on Tuesday. Lula, a seasoned leftist who...