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EU leaders suspend budget talks until noon Friday European Union leaders on Friday called an overnight suspension of talks aimed at reaching a deal on a hotly contested long-term budget.

23 November 2012

S. Korea to triple budget in Japan island dispute A South Korean parliamentary committee has agreed to nearly triple a special budget for promoting Seoul's sovereignty over an isolated set of islands also claimed by Japan.

12 November 2012

Greece eyes fresh bailout funds after budget passed The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.

12 November 2012

EU budget talks collapse The first round in two weeks of tough talks on the European Union budget collapsed Friday after austerity-minded states refused to plug a 2012 budget shortfall in funds destined for Europe's needy.

10 November 2012

Poland urges no veto on tricky 2014-2020 EU budget Poland on Friday urged net beneficiary EU members not to block talks on the contentious 2014-2020 budget proposed by Brussels which the 27-member bloc is expected to focus on at an upcoming summit.

10 November 2012

Kazakhstan’s Senate approves of the 2012-2014 draft budget The draft budget envisages decreasing revenues, reduced spending and widening deficit.

09 November 2012

Merkel in Britain for tough budget talks with Cameron German Chancellor Angela Merkel and British Prime Minister David Cameron held talks over the EU's hotly contested budget in London on Wednesday with both agreeing that the bloc needed to heed public opinion.

08 November 2012

Kazakhstan Finance Ministry expects overfulfillment of target on import VAT in 2012 Kazakhstan FInance Minister talked about financial results of 9 months of 2012.

24 October 2012

Kazakhstan Parliament unanimously adopts new 3-year budget This is a result of the joint work of the Parliament and the Government of Kazakhstan: Majilis Speaker.

17 October 2012

EU's Van Rompuy details eurozone budget rationale EU President Herman Van Rompuy argued Friday that the 17-state eurozone could have a central 'Treasury' with a shared budget and raise funds on commercial bond markets.

14 October 2012

Kazakhstan's budget expenses reached 7 trillion tenge Kazakhstan 2013-2015 budget was formed based on the forecasted economic situation in the country and in the world: Prime-Minister.

10 October 2012

Spain tightens austerity screw in 2013 budget Spain's government unveiled Thursday a 2013 budget that tightens austerity even in the teeth of growing protests, easing the path to a widely expected sovereign bailout.

28 September 2012

Deficit-cutting French budget to test Hollande credibility France will present its 2013 budget Friday with President Francois Hollande's credibility on the line as he seeks to rein in public finances and reassure financial markets without stirring public anger.

27 September 2012

France's Hollande outlines sweeping new taxes for recovery France's Socialist President Francois Hollande pledged 30 billion euros in new taxes and savings to balance the budget and fund a turnaround in two years, and rejected criticism of dragging his feet.

10 September 2012

Moody's downgrades EU rating outlook to 'negative' Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.

04 September 2012

Nazarbayev instructed to set barrier to shadow economy An important task is to create legislative barriers for the shadow economy and attempts to take budget funds into the shade: Nazarbayev.

03 September 2012

French lawmakers vote to cut pay of president, PM French lawmakers voted Thursday to reduce the salaries of President Francois Hollande and Prime Minister Jean-Marc Ayrault by 30 percent as part of a series of budget-cutting moves.

20 July 2012

Astana "eats off" other Kazakhstan citizens Kazakhstan's budget expenses per one Astana citizen are 2-3 times higher than for any other Kazakhstan citizens.

11 July 2012

2013 budget cuts are likely: Massimov Prime-Minister Karim Massimov told the Parliament that Nursultan Nazarbayev had instructed to consider "a negative scenario for 2012".

25 June 2012

We will tear off the heads of those who steal state money: Nazarbayev Kazakhstan President Nursultan Nazarbayev has threatened officials with a severe punishment for wasteful spending of state money.

25 May 2012

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