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11 Mar 22
The European Union has vowed to end its reliance on Russian fossil fuels in response to the ongoing invasion of Ukraine and is planning new measures to help governments support their economies amid...
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10 Mar 22
The International Monetary Fund Executive Board has approved a $1.4bn payment to Ukraine in an attempt to ease the economic impact of war with Russia, as other governments continue to arrange their...
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9 Mar 22
The Polish government has approved a fund worth at least £1.3bn to help Ukrainian refugees, and to provide additional support to local authorities.
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8 Mar 22
A new World Bank fund will bolster Ukraine’s finances amid the ongoing invasion by Russia, which is continuing into nearly its third week.
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8 Mar 22
Belarus is likely to default on its debt in the coming year as a result of sanctions imposed in response to its role in helping Russia’s invasion of Ukraine, S&P Global said after it downgraded...
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4 Mar 22
Russia’s ongoing invasion of Ukraine continues to have stark economic and financial consequences that are being felt around the world.
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3 Mar 22
Better than expected tax revenues led to the Eurozone deficit undershooting forecasts in 2021, according to ratings agency Fitch.
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2 Mar 22
A Court of Justice Decision to allow the European Union to withhold money from countries that fail to meet democratic standards has been named as a threat to Hungary and Poland.
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1 Mar 22
Russia’s continuing invasion of Ukraine has led to yet more sanctions and financial assistance for the embattled Kiev authorities, with huge economic impacts predicted.
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25 Feb 22
The Bank of Russia has taken emergency measures in the face of tumbling Russian currency and asset values, which fell after president Vladimir Putin announced troops were invading Ukraine and Western...
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24 Feb 22
The Polish Government’s policy of reduced public spending and high tax collection built strong buffers to deal with the Covid-19 pandemic, according to leading economists.
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23 Feb 22
The European Union has strengthened sanctions against Myanmar, including freezing the assets of a state-owned gas company, following a military coup last year.
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23 Feb 22
The UK government could fund its ‘levelling up’ ambitions by raising taxes on high income earners without increasing the national deficit, according to the International Monetary Fund.
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21 Feb 22
Western sanctions could put pressure on Russia’s credit rating according to rating agency Fitch, which warned of a “marked increase” in the risk of retaliation over perceived aggression at the border...
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18 Feb 22
The French government is set to pump an additional €2.1bn into state owned energy company EDF to help ease income concerns.
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18 Feb 22
Politics both domestic and continental could threaten the generally steady economies of Central and Eastern Europe, according to rating agency analysts in a round-up report looking at the region.
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17 Feb 22
Tensions in Ukraine risk the fragile global economic recovery from the Covid-19 crisis, warned Indonesian president Joko Widodo at a meeting of G20 finance leaders.
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17 Feb 22
A Polish and Hungarian legal challenge against the European Union has failed, allowing the bloc to withhold billions of euros of funding if member countries fail to meet democratic standards.
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10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
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7 Feb 22
Poland has started to row back on some of its actions that have angered the European Commission and held up billions of euros of Covid-19 recovery funds.
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7 Feb 22
The governor of the Dutch state bank has stated that the European Central Bank could begin raising interest rates as early as this year, to help combat soaring inflation.
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4 Feb 22
The Hungarian government must implement plans to balance its budget to help reduce the impacts of elevated inflation, according to the governor of its central bank.
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4 Feb 22
The re-election of Sergio Mattarella as Italian president has been tipped by a ratings agency to help keep the country stable and increase the chances of unlocking EU Covid-19 recovery funding.
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3 Feb 22
The European Central Bank has voted to hold interest at historic lows this month, despite inflation reaching record highs.
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1 Feb 22
The head of Norway’s wealth fund has warned that current rising inflation could herald a prolonged period of low returns.