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EU CORONAVIRUS DEBT
EU lawmakers back blockbuster $2.3-trillion long-term budgetThe European Parliament has backed a larger EU budget for 2028-2034, proposing new taxes on digital giants and online gambling to fund a 10...- After Donald Trump win, EU leaders tackle 'urgent' reform agendaFormer ECB head Mario Draghi stresses the urgency for Europe to reform its economy following Trump's US election win. Draghi's report, comm...
- Germany could spend up to €9 bn more on defence from 2028, minister saysGerman Finance Minister Christian Lindner expects up to 9 billion euros ($9.7 billion) in additional defence spending from 2028 if Germany ...
- Thousands of demonstrators from Europe expected in Brussels to protest austerity measures in the EUThe rulebook, which has often proved difficult to enforce and has served as a source of tension, was suspended during the COVID-19 pandemic...
- India, EU announce Connectivity Partnership to checkmate ChinaThis is India's first such connectivity initiative with any foreign partner that will cover three geographical zones and therefore has glob...
- Gold rises as US stimulus hopes bolster appealSpot gold rose 0.3% to $1,858.57 per ounce by 0039 GMT, having slipped 0.9% in the previous session. U.S. gold futures were little changed ...
- EU avoided chaos, explored new paths in turbulent 2020 yearAfter months of chaotic negotiations, the EU also will head into 2021 with both a long-term budget and a coronavirus recovery fund worth 1....
- The next 'safe' asset? EU joint bond markets spring to lifeThe EU market, with just 54 billion euros outstanding at the start of this year, is expected to grow exponentially in coming years to fund ...
- EU reaches historic deal on pandemic recovery after fractious summitThe agreement paves the way for the European Commission, the EU's executive, to raise billions of euros on capital markets on behalf of all...
- EU nations clinch $2.1 trillion budget, coronavirus aid deal after 4 days of wranglingThe 27 leaders were constantly reminded of the potent medical and economic threat the virus poses to their continent, and grudgingly commit...
- China, Russia are spreading coronavirus misinformation: EUChina and Russia were blamed for spewing out false and misleading online information about Covid-19 in a European Union report that seeks t...
- EU to unveil massive stimulus plan for post-coronavirus recoveryThe aim is to help countries and sectors worst hit by the COVID-19 pandemic recover quickly and protect the EU single market of 450 million...
- George Soros says EU may not survive coronavirus crisisSoros, 89, said the damage to the euro zone economy from the new coronavirus would last "longer than most people think", adding that the ra...
- EU leaders to take step to joint financing of post-pandemic recoveryMany leaders see the massive joint recovery financing as a crucial tool of EU solidarity as some in the 27-nation bloc will have a harder t...
- Pope urges fractured European Union to find unity over coronavirusThe pandemic has put new strains on the unity of the 27-member bloc, again exposing splits between the richer north and the poorer south.
- European politicians, CEOs, lawmakers urge green coronavirus recoveryEuropean politicians, CEOs, lawmakers and activists called on Tuesday for green investment to restart growth after the coronavirus pandemic...
- EU Finance Ministers agree on $ 590-billion coronavirus package“Today [Thursday] we agreed on three safety nets and a plan for the recovery to ensure we grow together and not apart once the crisis is be...
- Italy PM sees EU's very future at stake over its response to coronavirusItalian Prime Minister Giuseppe Conte said the very future of the European Union was at stake over its response to the coronavirus as Germa...
- Help us like you were helped after war, Italy's virus hit cities tell GermanyNine European Union countries, including Italy, France and Spain, called last week for joint debt issuance to finance an economic recovery ...
- Fitch cuts UK's rating on coronavirus debt surgeFitch downgraded the country by one notch to 'AA-' - the same level as its rating for Belgium and the Czech Republic - from 'AA' and said a...
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