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Thursday, April 2, 2020
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EU slashes forecasts for Eurozone economic growth over Brexit and other threats

U officials have slashed their growth forecast for the 19 countries that use the euro, saying even the reduced estimate was vulnerable to "large...

EU warns Italy over possible legal action amid budget eurozone rules breach

The European Commission has warned Italy that its budget plans are in serious breach of the rules underpinning the euro single currency and that...

Eurozone economy grows more than expected

The eurozone's economy has been growing by slightly more than expected. Official figures for the 19 countries using the currency show it rose by 0.6%...

Eurozone deficit down at lowest level since early 2008

The level of government borrowing in the 19-country eurozone has fallen to its lowest level since early 2008. Following years of often strict budget...

Greece’s European creditors suspend debt relief measures

European creditors have pulled a recently announced debt relief package for Greece in protest at subsequent budget spending measures by Athens. Greek stocks fell sharply...

European Banks in Trouble? Huge Risk of Financial Instability

Wall Street firms warn that the Eurozone banks pose a high risk of financial instability. Most likely due to the sounding of alarms over...

French minister: Eurozone needs more integration post Brexit

Britain's exit from the European Union makes deeper integration between eurozone countries even more necessary than before, France's finance minister has said. Although some have...

Eurozone creditors approve new rescue loans for Greece

Greece has won a new batch of rescue loans from international creditors following agreement among the 19 eurozone finance ministers. After the ministers approved Greece's...

European Commission cuts economic growth forecast

The European Commission has cut its forecast for economic growth in the Eurozone this year. It has cut its prediction for the 19-country bloc in...

EU agrees more money for refugees near war zones

European Union leaders, faced with a staggering refugee crisis and deep divisions over how to tackle it, have agreed to boost border controls and...

Latest news

Putin orders most Russians to stay off work until end of April

President Vladimir Putin has ordered most Russians to stay off work until the end of the month to curb the spread of the coronavirus. Speaking...

‘Quarantine Radio’ is in full effect

Quarantine! Quarantine! Quarantine! This global lockdown has created a lot of boredom for many, but some are finding new ways to be creative using the...

1,500 ventilators a week to roll off UK production lines by May, say manufacturers

At least 1,500 ventilators a week could be rolling off British production lines by the end of the month to help in the fight...

Effectiveness of school closures in historic pandemics put under the microscope

New research has given some insight into the effectiveness of school closures during a pandemic, by studying behaviours during disease outbreaks of the past. A...

Coronavirus poses existential threat to Africa, says health expert

African is facing an “existential threat” as some countries will have more than 10,000 coronavirus cases by the end of April, a health expert...
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