Latest Paolo Gentiloni News

EU takes aim at Poland amid fears for bloc's legal order

Dec. 22, 2021 13:11 PM EST

BRUSSELS (AP) — The European Union on Wednesday launched legal action against Poland over recent decisions by one of the country’s top courts which have raised troubling questions about the 27-nation bloc’s legal order. In October, Poland’s constitutional court ruled that...

EU proposes rules against shell companies to fight tax abuse

Dec. 22, 2021 08:16 AM EST

BRUSSELS (AP) — The European Union's executive arm proposed measures Wednesday to better detect shell companies that do not carry out any real economic activities to prevent them from receiving tax advantages and crack down on their tax abuse. The European Commission said the...

EU says economic recovery threatened by COVID-19 resurgence

Nov. 24, 2021 10:43 AM EST

BRUSSELS (AP) — The massive spike in COVID-19 cases in recent weeks is threatening the European Union's recovery from the deep economic slump caused by last year's onset of the pandemic, the bloc's economy chief said Wednesday. And medical experts warned that the public...

Europe's economic recovery faces hit from high energy costs

Nov. 11, 2021 07:30 AM EST

FRANKFURT, Germany (AP) — The European Commission raised its growth forecast for the year for the 19 countries using the euro, saying Thursday that the economy was bouncing back from the worst of the coronavirus pandemic as people went back to work in consumer-facing jobs. ...