Eurozone bailout chief: ‘No government can be blamed’ for economic hit from Covid-19

As Europe stares down the barrel of a major economic contraction due to the pandemic, how can the continent get its workers and businesses back on their feet? How much money will have to be spent on the recovery and where will the funds come from? Catherine Nicholson speaks to the head of the eurozone’s … Read more Eurozone bailout chief: ‘No government can be blamed’ for economic hit from Covid-19

Bolsonaro’s coronavirus response: A threat to Brazil’s economy | Counting the Cost

The coronavirus pandemic has not spared a single nation or economy, but the way some governments have handled the crisis has raised eyebrows. Brazil’s right-wing populist leader Jair Bolsonaro has been dismissive about the health crisis and implored people to ignore state governors who had ordered lockdowns and social distancing measures. The result: Brazil has … Read more Bolsonaro’s coronavirus response: A threat to Brazil’s economy | Counting the Cost

Italy begins to emerge from lockdown

Italy is emerging from its two-month lockdown on Monday. Construction sites and factories are getting back to work. Restaurants will reopen for takeaway service, but bars and ice cream parlors will remain shut. People are still grappling with how to get the wheels turning again without sparking a second wave of infections. Italy’s COVID-19 death … Read more Italy begins to emerge from lockdown

France officially enters recession after worst ever growth slump

The French economy has officially fallen into recession, after a record contraction of 5.8 percent in the first three months of the year. The drop in quarterly economic output is the worst since records began in 1949. The national statistics agency Insee also reported that consumer spending plunged by almost 18 percent in March, while … Read more France officially enters recession after worst ever growth slump

Why does WEALTHY EUROPE oppose CORONA BONDS? – VisualPolitik EN

This video is sponsored by The Great Courses Plus. Signup for your FREE trial to The Great Courses Plus here: http://ow.ly/GOtv30quuuM We don’t know what the world will be like after the SARS coronavirus 2 crisis. But there is one thing we can be sure of: we are heading for an economic recession. And that … Read more Why does WEALTHY EUROPE oppose CORONA BONDS? – VisualPolitik EN

Coronavirus: Eurogroup relaunches talks on divisive economic aid

Finance ministers from the 19 members of the eurozone are re-launching their contentious discussions over how to protect the economy from the effects of the coronavirus pandemic and lockdown. The debate has largely pitted Germany and the Netherlands against France, Italy, and Spain – with some warning that a failure to act could threaten the bloc’s … Read more Coronavirus: Eurogroup relaunches talks on divisive economic aid

Coronavirus: EU could fail over outbreak, warns Italy’s Giuseppe Conte – BBC News

Italy’s prime minister has told the BBC that the European Union risks failing as a project in the coronavirus crisis. Giuseppe Conte says the EU must act in an adequate and co-ordinated way to help countries worst hit by the virus. Mr Conte says the European Union needs to rise to the challenge of what … Read more Coronavirus: EU could fail over outbreak, warns Italy’s Giuseppe Conte – BBC News

EU finance ministers fail to reach rescue deal

Eurozone finance ministers failed on Wednesday to agree on a bailout plan to help member states hit hard by COVID-19. That came after Italy refused to abandon its plea for “coronabonds” to share the burden. #EU #covid19 Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on … Read more EU finance ministers fail to reach rescue deal

Coronavirus – Covid-19: Eurozone finance ministers to discuss stimulus plans

Disagreement remains over shared European debt. FRANCE 24’s Stephen Carroll tells us more. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en

Covid-19 – EU: ‘It is better to share the debt now with low interest rates’

‘The mechanism to acheive some form of stability would be a common European fund of 240 billion Euros and to make it available to the 19 members of the Eurozone. And more is needed. It is better to share the debt now with low interest rates, which is what we are proposing, and have this … Read more Covid-19 – EU: ‘It is better to share the debt now with low interest rates’

Italy needs a precautionary fund for its ailing economy

The eurozone may have to put together a fund for Italy as coronavirus pushes its economy to the edge. Insights via @CMEGroup: https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at … Read more Italy needs a precautionary fund for its ailing economy

Hit hard by the coronavirus pandemic, will Italy need a bailout? | Counting the Cost

The world’s eighth biggest economy and its 60 million citizens are under lockdown. Italy became the first European nation to introduce drastic measures controlling the spread of COVID-19. Italy has recorded more deaths from the new coronavirus than China, the origin of the outbreak. In addition to school closures and shuttered shops, businesses are winding … Read more Hit hard by the coronavirus pandemic, will Italy need a bailout? | Counting the Cost

Slovakia’s anti-graft opposition party wins parliamentary elections by wide margin

Slovak voters handed a resounding victory to the centre-right, anti-graft OLaNO opposition party in Saturday’s general election, dominated by an angry backlash over the 2018 murder of a journalist probing corruption in the eurozone state. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: … Read more Slovakia’s anti-graft opposition party wins parliamentary elections by wide margin

ITALY: Far right + Far left TOGETHER in a coalition government? – VisualPolitik EN

Can you imagine a far-right wing party and a populist left wing platform joining forces to make a government? This is what happened in Italy. OK, it is true, “The League’ (formerly called ‘Northern League”) is not a classical far-right party. The same goes with the 5 stars Movement, which is not liberal on the … Read more ITALY: Far right + Far left TOGETHER in a coalition government? – VisualPolitik EN