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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.
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30 Mar 21
The US is preparing to retaliate over six countries’ digital taxes because they “discriminate” against American companies.
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30 Mar 21
The European Union rescue fund aimed at allocating finance to member countries funded by common debt is compatible with EU treaties, Spain’s central bank chief said this week.
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25 Mar 21
Germany will ignore its debt ceiling for the second year running after approving its 2021 federal budget.
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22 Mar 21
Elevated debt levels resulting from the Spanish government’s Covid-19 underwriting of business loans, could put stress on its future credit rating, according to ratings agency Standard and Poor’s.
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16 Mar 21
The eurozone’s relaxation of its debt and spending rules should continue into next year, the bloc's finance ministers have said.
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9 Mar 21
Italy has made Europe’s largest ever green bond debut, joining a growing trend of environmental issues on the continent as governments try to stick to their Paris Agreement commitments on reaching...
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8 Mar 21
Unemployment insurance reforms aimed at reducing the deficit at state agency UNEDIC will be a credit positive move for France, according to rating’s agency Moody’s.
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8 Mar 21
Two experts take opposing stances on the merits of a targeted tax on the rich, following a UK Commission finding a one-off wealth tax would help the country recover from the pandemic.
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3 Mar 21
Denmark’s tax agency is to boost the number of staff working on tax avoidance by 1,000 over the next three years, it announced this week.
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18 Feb 21
Governments need to be on their guard against fraudulent offers of Covid-19 vaccines, the EU’s fraud watchdog has warned amid its inquiry into the illicit trade of pandemic-related goods.
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9 Feb 21
A pilot scheme to support companies trialling a four-day week for their employees is set to begin in Spain, with €50m of backing from the government.
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4 Feb 21
Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
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2 Feb 21
The European Union must rethink its strategy for getting people out of poverty after failing to meet its own targets during the past decade, a United Nations official has said following a visit to...
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22 Jan 21
The climate credentials of the European Investment Bank, the EU financing arm, have been questioned by campaigners who say it has more to do to meet its green ambitions.