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24 Aug 20
The European Commission has presented proposals to the European Council to grant financial support of €81.4bn to 15 member states.
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20 Aug 20
Universal basic income is to be trialled in Germany in an experiment to find out what effects it has on people’s lives.
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18 Aug 20
Denmark will tax banks and its richest citizens to pay for an early retirement scheme for physical labourers.
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12 Aug 20
The EU is sending billions of euros to help neighbouring countries through the Covid-19 pandemic, with conditions encouraging them to strengthen their public finances and rule of law.
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4 Aug 20
France’s home carers will each be given a ‘Covid-19 bonus’ in recognition of their work taking care of many of the nation’s elderly and people with disabilities.
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3 Aug 20
Barcelona is pursuing 40 climate action projects to help the city’s ‘green recovery’ from the Covid-19 crisis and meet its environmental commitments, after declaring a climate emergency earlier this...
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28 Jul 20
The asset management company Ireland created in response to the global financial crisis more than a decade ago is expected to return €4bn to the government over its lifetime.
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28 Jul 20
Problems with the publicly owned company managing the Eiffel Tower have led auditors to suggest the City of Paris could bring the monument back under direct control.
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24 Jul 20
The economic damage caused by Covid-19 has led to the UK cutting its international aid budget for 2020 by £2.9bn.
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21 Jul 20
EU leaders have agreed a “massive” €750bn Covid-19 recovery package to help the 27 member states’ economies bounce back after the pandemic.
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21 Jul 20
Russia is looking to lure tech companies to headquarter themselves there by granting them more than $1bn in tax breaks.
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16 Jul 20
Fairer tax systems in the EU would help governments in their fight against the economic crisis caused by Covid-19, the European Commission said as it unveiled a series of new measures to develop tax...
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14 Jul 20
European Commission plans for a post-pandemic recovery among the EU’s poorer members risk being misspent without greater direction from Brussels, the EU’s spending watchdog has warned.
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10 Jul 20
More than 1bn rubles earmarked by the Russian government for cultural projects have been redirected to its reserves as the country battles the Covid-19 crisis.
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10 Jul 20
A €5bn ‘Brexit reserve’ has been proposed by the European Council to deal with disruption caused to other members states when the UK’s transition phase ends in 2021.
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10 Jul 20
France must look to spending cuts rather than tax increases to help cap public debt during its economic recovery from the pandemic, the country’s central bank head has said.
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7 Jul 20
Global poverty is rising despite “triumphalism” about its perceived decline, according to a global report from a former United Nations official, who also released specific reports on Malaysia and...
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3 Jul 20
The EU risks overstating its climate spending without a reliable tracking method, the EU’s fiscal watchdog has warned.
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30 Jun 20
France should undertake an “in-depth review” of its public spending policies in order to rebuild its economy and stop government debt spiralling, the country’s state auditor has said.
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24 Jun 20
EU leaders have just three weeks to find common ground on a €750bn post-coronavirus recovery programme, with wrangling continuing over whether countries should be paid in grants or loans.
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16 Jun 20
Development organisations have criticised the UK government’s decision to merge its Department for International Development with its Foreign Office, especially amid the Covid-19 pandemic.
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11 Jun 20
A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
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9 Jun 20
EU members failed to meet their international aid targets in 2019, and the European Council has confirmed that greater efforts are now needed in light of the Covid-19 pandemic’s economic impact on...
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5 Jun 20
Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
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5 Jun 20
The US government has taken a step towards introducing tariffs to retaliate against digital taxes on ‘internet giants’ that are being pursued by several other countries as well as the European Union.