News about budget

Bernanke urges Congress to lift debt ceiling

US Federal Reserve Chairman Ben Bernanke on Monday urged Congress to raise the nation's borrowing limit as Democrats and Republicans battle over the federal budget.
15 January 2013 17:29

China and emerging powers to pay more for UN

China, Brazil, India and other emerging powers agreed to major increases in their United Nations payments as the global body hammered out a new budget deal this week to avoid its own fiscal cliff.
26 December 2012 18:16

British press hails Cameron's EU budget stance

Prime Minister David Cameron secured a decent result for Britain at the European Union budget summit, Britain's newspapers said Saturday, while warning that his good fortune may not last.
25 November 2012 12:51

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 15:38

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 12:49

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 15:25

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 16:59

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