The Bank of Spain revealed on Wednesday that the debt of all Spanish public administrations with their private suppliers reached €82billion in 2020. The staggering sum is up 39.4 percent since 2016 and by €2billion since 2019, the bank said. Prime Minister
SNP leader Nicola Sturgeon has urged Scots to re-elect her as First Minister in May’s Holyrood election – promising “strong leadership” through the rest of the Covid-19 pandemic and a second independence vote in its aftermath. She said “when the crisis is
Coronavirus-infected Brits could be prescribed inhalers after researchers found a commonly used asthma drug can help patients recover faster. Budesonide will be the first treatment specifically for at-home Covid patients – all other medical breakthroughs so far have been for people in
The French European Affairs Minister said on Sunday that the European Union must shoot for a more ambitious COVID-19 recovery plan than the landmark 750 billion euro stimulus agreed last summer after the epidemic’s first wave. Mr Beaune said Europe must not
The £650 billion bailout cash pot will be distributed, in non-repayable grants and low-cost loans, to pandemic-stricken regions and industries. To pay for the aid, the European Commission was granted unprecedented borrowing, taxation and spending powers to run up £351billion in joint
RIVER & MERCANTILE UK RECOVERY: Fund poised to benefit from UK stock market bounce as economy recovers By Jeff Prestridge for The Mail on Sunday Published: 17:30 EDT, 10 April 2021 | Updated: 17:56 EDT, 10 April 2021 Veteran fund manager Hugh
France’s fiscal program will be officially presented to the Commission next week. Debt stabilisation and a return to the deficit below 3 percent of GDP are planned for 2027, at the cost of an unprecedented effort on public spending. Growth for the
Eurozone: Varoufakis discusses the ‘greatest beneficiary’ in 2018 The European Central Bank’s governing council expressed concern at the speed of the jabs scheme at their latest meeting, according to recently released minutes. They said the Eurozone economy faces further uncertainty because of
The bloc’s coronavirus Recovery Fund is at risk of being seized and laundered by the Italian Mafia across the continent. Experts have warned a failure of the European Union institutions to fight criminal organisations with a united approach could jeopardise the future
France’s Finance Minister Bruno Le Maire was the latest to lambast the Commission’s delays in dishing out funds promised to member states under the Recovery Fund strategy. The French politician said he was “deeply concerned” by the delays, blasting the EU executive