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2 mins read
EU plans a record-breaking $826 billion stimulus package to soothe Europe's economic pain from the coronavirus
The European Commission aims to fund its recovery plan by raising unprecedented sums on the financi…
Shalini Nagarajan
1 min read
The EU is ready to react if Russia carries on its 'weaponization' of energy flows, a top official says
Russia has halted natural gas flows to the EU via the Nord Stream 1 pipeline. Economics commissione…
George Glover
2 mins read
Investors are piling the most cash into European stocks in nearly a year as recession outlook fades
Europe's economic prospects are brightening after winter wasn't as harsh as anticipated and with Ch…
Carla Mozée
2 mins read
The EU says the bloc will likely enter a recession if Russian gas is cut off or even if supplies keep flowing and prices spike
The bloc's economists warned that any halt of natural gas from Moscow or an EU oil ban will likely …
Phil Rosen
2 mins read
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus
The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednes…
3 mins read
The EU is bracing for a 'recession of historic proportions' and predicts a 7.4% contraction in 2020
Italy and Spain will be the worst-hit major economies, contracting 9.5%, forecasts said in a statem…
Shalini Nagarajan
1 min read
Photos show the scene inside northern Italy supermarkets as panicked shoppers stock up on supplies amid a surge of the coronavirus
The panic shopping was prompted by a sudden, soaring increase in coronavirus cases in the country. …
Yuru (Priscilla) Zhu
1 min read
Trump on Paris attack: 'What can you say? It never ends'
"Again, it's happening, it seems, I just saw this, I was walking in, so it's a terrible thing. It's…
Pamela Engel
2 mins read
Trump predicts the terror attack in Paris will have a 'big effect on presidential election!'
"Again, it's happening, it seems, I just saw this, I was walking in, so it's a terrible thing. It's…
Peter Jacobs
2 mins read
Trump won't say if Kim Jong Un is mentally stable, but promises military buildup
"All of the pundits are saying they never have seen China work like they're working now," to addres…
Alex Lockie
3 mins read
The crisis at the world's oldest bank is edging closer to a solution
Some certainty returned to the Italian political climate on Sunday, after President Sergio Mattarel…
Will Martin
1 min read
How world leaders are reacting to Trump's decision to leave the Paris climate agreement
(L_R) European Council President Donald Tusk, Canadian Prime Minister Justin Trudeau, German Chance…
David Choi
1 min read
G7 leaders took a stroll in Sicily - and Trump followed them in a golf cart
"They walked the 700 yards from the traditional G7 group photo, taken at a Greek amphitheatre, to a…
Sonam Sheth
2 mins read
Monte dei Paschi shares have been halted after it accepted a government bailout
The rescue package, approved late on Thursday evening by Prime Minister Paolo Gentiloni and his cab…
Will Martin
3 mins read
10 things you need to know before European markets open
Chancellor Philip Hammond admitted Brexit will take too long - and be too expensive - for Britain t…
Will Martin
2 mins read
Investigators are reportedly looking into why Kushner met with a Putin-linked Russian banker
But the reports of the investigation veering into the meeting between Kushner and Gorkov may sugges…
Alex Lockie
2 mins read
Europe's leaders demand that US internet giants remove extremist content within 2 hours
Responding to pressure from governments in Europe and the United States after a spate of militant a…
Sam Shead,Reuters
2 mins read
Monte dei Paschi shares are swinging wildly as the bank's bailout crisis comes to a head
That leaves just one realistic option open for the bank, a state bailout. While the move will help …
Will Martin
2 mins read
10 things you need to know before European markets open
Bitcoin got demolished. It traded down 15.1% at $768 a coin, a drop of $136 a coin. The fall came a…
Ben Moshinsky
4 mins read
Italy wants to attract super rich people with a low flat tax - but hardly anyone is actually moving there
Berlusconi is worth upwards of $8 billion, according to Forbes, making him the fifth wealthiest Ita…