European Commission president Jean-Claude Juncker: due to announce the three-year initiative in coming days. Photograph:  Paul Matthews/G20 Australia via Getty Images

The European Union is planning a €21 billion fund to share the risks of new projects with private investors, according to EU sources.The new entity is(...)

European Commission president Jean-Claude Juncker rings the bell to start the first European Commission college meeting under his presidency yesterday. Photograph: Olivier Hoslet/EPA

The winds of change swept into Brussels this week as Jean-Claude Juncker and his team of 27 commenced their five-year term at the helm of the European(...)

German chancellor Angela Merkel acknowledges the need for greater  investment to stimulate EU economies as they struggle with high unemployment and slow growth. Photograph: Getty Images

Ireland will record the highest growth in the European Union this year, the European Commission said yesterday, projecting a growth rate of 4.6 per ce(...)

Goods out: a container ship loading in Dublin Port. Photograph: Jason Hawkes/Stone/Getty

Ireland is set to become the fastest growing country in the European Union this year, the European Commission said this morning, with the economy expe(...)

On Monday, Italy and later France published letters to commision vice president for economic affairs Jyrki Katainen outlining adjustments to next year’s budgets that would further trim deficits

The European Commission called tweaks to France and Italy’s 2015 budgets “useful and constructive” on Tuesday as it prepared to decide whether the cou(...)

Italy’s finance minister Pier Padoan (left) chats with his French counterpart Michel Sapin prior to the EU euro group finance ministers meeting in Luxembourg on Monday. France and Italy, the euro zone’s second and third largest economies, are struggling to rein in dangerous deficit and debt levels.

As Michael Noonan unveiled the budget in Dublin on Tuesday, another, but not unconnected, debate was taking place in Luxembourg.With euro zone countri(...)

Euro group president and Dutch finance minister Jeroen Dijsselbloem at the EU headquarters in Luxembourg yesterday. Photograph: Nicolas Bouvy/EPA

in Luxembourg The European Union has agreed to back new rules on the automatic exchange of information on bank accounts, although Austria was given a(...)

Euro-group president Jeroen Dijsselbloem (left) speaks to Finnish prime minister Jyrki Katainen, before the  euro-group finance ministers’ meeting at EU headquarters in Luxembourg yesterday. Photograph: EPA/Nicolas Bouvy

Incoming European Commission vice-president Jyrki Katainen insisted yesterday that all euro zone countries would be treated “fairly and equally” by(...)

German finance minister Wolfgang Schauble: dismissed suggestions Berlin had come under pressure to shift its economic course as “spin doctoring”.

German finance minister Wolfgang Schauble put on a brave face at the end of IMF meetings in Washington this weekend, dismissing suggestions Berlin ha(...)

Incoming European Commission president Jean-Claude Juncker: to consult European Parliament leaders on configuration of new European Commission. Photograph: Alan Betson

Incoming European Commission president Jean-Claude Juncker is not considering a Plan B in relation to the configuration of the new European Commiss(...)