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14 Jun 21
Counterfeit or poor quality medical equipment proliferated in Europe amid the Covid-19 pandemic, according to the European Union’s anti-fraud bureau.
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8 Jun 21
Russia was able to weather the Covid-19 pandemic with some resilience, despite reductions in global oil prices, ratings agency Moody’s said.
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8 Jun 21
Italian government debt reached a record by the end of 2020 and will only fall marginally by the end of the decade, according to rating agency Fitch’s projections.
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7 Jun 21
Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
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3 Jun 21
European Union governments can keep supporting their economies with huge fiscal stimulus after the bloc’s executive extended the suspension of deficit limit rules to help spur the recovery from Covid...
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2 Jun 21
The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
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2 Jun 21
A newly created public prosecutor has begun work to reduce the €460m of fraud that affects European Union spending in a year.
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1 Jun 21
The Icelandic government has launched a privatisation of Islandsbanki, the bank it took control of in 2008 during the financial crisis.
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28 May 21
Nearly a third of the European Union’s long-term budget will likely be used to reduce economic and social inequality within the bloc, after leaders formally adopted a €330bn package of support.
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27 May 21
Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...
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20 May 21
Germany’s highest court has rejected latest attempt to block the European Central Bank from buying sovereign bonds, bringing an end to a six-year legal battle.
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20 May 21
The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
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18 May 21
Covid-19 pushed France’s social security system to its biggest ever deficit in 2020 as health insurance costs shot up and revenues fell, the state spending watchdog has found.
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18 May 21
The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
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13 May 21
The Norwegian government will draw down a record NOK402bn (£34bn) of funding from its national pension fund, to help mitigate the economic impact of Covid-19.
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27 Apr 21
Post-pandemic optimism for Norway’s economy should be tempered by longer-term risks such as an oil revenue slowdown and its ageing population, International Monetary Fund economists have said.
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27 Apr 21
Portugal has become the first European Union member to officially submit its final Covid-19 recovery plan to Brussels, as the bloc’s pandemic rescue fund inches closer to fruition.
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23 Apr 21
The European Commission has a poor understanding of the value for money provided by its expensive space programmes due to flawed methodology, according to the European Union’s spending watchdog.
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22 Apr 21
Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
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20 Apr 21
Defence spending is set to accelerate in 2021, but Covid-19 poses big questions about whether that growth is sustainable, writes Fenella McGerty.
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19 Apr 21
Rising debts and the differing strength of public finances across eurozone countries make reforming European fiscal rules more challenging, ratings agency Fitch said in a report.
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15 Apr 21
Efficiently shifting workers from unviable parts of the economy to growth sectors will halve medium term scarring to the European economy after Covid-19, according to a leading IMF official.
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13 Apr 21
Greece’s public debt rose to 207% of GDP at the end of 2020 but remains on a sustainable footing, according to ratings agency Fitch.
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9 Apr 21
Bitcoin “does not fulfil the basic properties of money” according to an executive board member at the European Central Bank.
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7 Apr 21
The coronavirus pandemic saw Germany’s public sector deficit reach €189bn last year, the largest budgetary gap since its reunification in 1990.