BRUSSELS The European Union is giving governments all the fiscal leeway they need to individually deal with the economic impact of the coronavirus and may decide on a more concerted stimulus if the economy suffers severely, officials said on Thursday.
* EU might consider more concerted stimulus as economy suffers
BRUSSELS Euro zone consumer prices rose more slowly in February than in January, as expected, as the spread of the coronavirus around the world depressed oil prices.
RIYADH Failure to reach a global deal on where and how much to tax digital giants such as Google , Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's Finance Minister said on Sunday.
RIYADH, Feb 23 Failure to reach a global deal on where and how much to tax digital giants like Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's Finance Minister said on Sunday.
BRUSSELS European Union leaders will clash this week over the EU's 2021-2027 budget as Britain's exit leaves a 75 billion euro ($81 billion) hole in the bloc's finances just as it faces costly challenges such as becoming carbon neutral by 2050.
BRUSSELS Financial leaders of the world's 20 largest economies (G20) expect a modest pickup of global growth this year and next, but see the coronavirus epidemic as a downside risk, a draft communique prepared for the meeting on Feb. 22-23 said.
BRUSSELS The chairman of the European Union's leaders proposed on Friday filling the hole left by Britain in the bloc's next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions.
Twenty-one people aboard a cruise ship that was barred from docking in San Francisco have tested positive for coronavirus, U.S. officials said on Friday, adding to the more than 100,000 cases of the fast-spreading illness across the world.