Avainsana: economy

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EU economy to rebound ‘quite strongly’ next year says Commission’s Dombrovskis

The EU economy should rebound “quite strongly” next year, the European Commission’s vice president told Euronews, touting his team’s plans for an ambitious coronavirus recovery…

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IMF chief warns full global economic recovery unlikely in 2021

The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head of the…

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Is New Zealand’s government spending a window into Europe’s financial future?

New Zealand announced on Thursday that its public debt will more than double over the next three years as it unveiled a massive investment plan…

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Saudi Arabia triples VAT to support coronavirus-hit economy

Saudi Arabia is tripling its value added tax (VAT) as part of austerity measures to support its coronavirus-hit economy. The government in Riyadh also said…

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Posted in csr news en weben

EU could use long-term budget to solve North / South divide, says leading thinktank

The European Union could use its seven-year budgetary plan to tackle inequalities exacerbated by the COVID-19 pandemic, leading European thinktank Bruegel says. The idea of…

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Greece is beating Covid-19, but more economic pain beckons

Greece has recorded one of the lowest numbers of Covid-19 fatalities in Europe — a success largely attributed to the discipline of its population under…

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Posted in vauen vaufien weben

ECB under pressure to crank up pandemic stimulus as €1.1 trillion bond buyback funds set to run out

Just weeks after unveiling a massive stimulus scheme in a late-night shock-and-awe move, the European Central Bank is under pressure to deploy even more firepower…

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Coronavirus: banking package to facilitate bank lending

A new banking package, adopted Tuesday by the EU Commission, aims to ensure that banks can continue to lend money to support the economy and…

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Posted in vauen vaufien Week's highlights

Fed likely to renew vow to use all tools to brace economy

The Federal Reserve, which has pumped trillions in emergency funding into U.S. financial markets to stem the damage from the coronavirus pandemic, is expected on…

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Posted in csr news en weben

Migrant wages sent home set to drop $142 bln in 2020 – World Bank

Global remittances are set to tumble by $142 billion in 2020, the sharpest fall in recent history, the World Bank estimates, as the coronavirus crisis…

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