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POLITICIANS and voters in Portugal and Spain must wait to see whether they will be fined by the European Commission for failing to comply with EU budget rules.
EU finance ministers agreed in Brussels yesterday that neither country has taken “effective action” to reduce borrowing to to prescribed levels.
Under EU rules, countries have to limit their budget deficits to 3 per cent of their annual gross domestic product (GDP).
Years of underfunding are eroding Scotland’s local services and deepening inequality in communities, says VINCE MILLS
US tariffs have had Von der Leyen bowing in submission, while comments from the former European Central Bank leader call for more European political integration and less individual state sovereignty. All this adds up to more pain and austerity ahead, argues NICK WRIGHT
