Eurogroup Chief: EU economy hit as in wartime

Eurogroup Chief: EU economy hit as in wartime

(VOVWORLD) - Eurogroup Chief Mario Centeno warned on Monday that under the coronavirus outbreak, the European economy is experiencing the equivalent of a war and that a long struggle lies ahead
Countries enhance measures against Covid-19

Countries enhance measures against Covid-19

(VOVWORLD) - The International Monetary Fund (IMF) and the World Bank Group have pledged to provide billions of dollars of emergency financing for member countries that could seek support in light...
WB cuts forecast for global growth in 2019

WB cuts forecast for global growth in 2019

(VOVWORLD) - Global growth will lose momentum this year due to trade tensions, financial market instability, and currency challenges in emerging markets, the World Bank said in a report published on...
France, Germany to present Eurozone budget plans

France, Germany to present Eurozone budget plans

(VOVWORLD) - France and Germany will lay out plans for a limited joint Eurozone budget focused on financing investment at a meeting on Monday in Brussels, French Finance Ministry sources said...
Eurozone urges Italy to revise budget

Eurozone urges Italy to revise budget

(VOVWORLD) - Eurozone finance ministers urged Italy on Monday to respond to European Commission (EC) demands for a new budget after the EU’s executive wing rejected Italy’s original budget
Italy has a new Prime Minister

Italy has a new Prime Minister

(VOVWORLD) - Italy’s President on Wednesday confirmed Giuseppe Conte as Italy’s new prime minister, two days after he was nominated by the alliance between two major parties in Italy,...