The pandemic has forced world leaders to quickly deploy emergency financial measures in an effort to avoid a devastating economic collapse.
Extending social contact to small groups outside our own households has been suggested as a way to get out of lockdowns but experts question how practical this strategy is to implement.
The European Union's agency for disease control has said that the U.K. is among five countries in the region that are still not seeing a decline in new coronavirus cases.
Italy, Belgium and Portugal are reopening some business activities on Monday as they take their first tentative steps to lifting their coronavirus lockdowns.
Belgians are being called upon to eat fries at least twice a week as more than 750,000 tons of potatoes are at risk of being thrown away.
Are we on the cusp of a sea-change when it comes to our diet?
Worker representatives in Italy, France, Belgium, Spain and Germany have demanded stricter controls on hygiene, disinfection and isolation for employees working heel-to-heel on Europe's production lines. Italy has been the European country worst hit by the crisis and the first to enforce a nationwide lockdown, which has now been replicated by Spain and to a...
Worker representatives in Italy, France, Belgium and Germany have demanded stricter controls on hygiene, disinfection and isolation for employees working heel-to-heel on Europe's production lines. Italy has been the European country worst hit by the crisis and the first to enforce a nationwide lockdown, which has now been replicated by Spain and to a lesser...
*Italy worst hit, Portugal, Spain also impacted. *Plants in Italy, Serbia, Poland affected. Italy has been the European country worst hit by the crisis and the first to enforce a nationwide lockdown, which has now been replicated by Spain and to a lesser extent France as the virus sweeps through the continent.
*ESM has lending capacity of 410 billion euros. BRUSSELS, March 16- Euro zone finance ministers will discuss on Monday the possible use of an EU emergency fund worth more than 400 billion euros to tackle the economic crisis caused by the coronavirus outbreak, officials said. But the ESM could help boost confidence, one euro zone official told Reuters, adding that...
*Italy's deaths surge as Lombardy seeks tougher curbs. WASHINGTON/ GENEVA, March 13- President Donald Trump declared a U.S. national emergency over the quickly spreading coronavirus on Friday, opening the door to more government aid to combat a pathogen that has infected more than 138,000 people worldwide and left over 5,000 dead. It was detected for the first...
*Germany, Italy place large orders for thousands of ventilators. ZURICH, March 13- Germany and Italy spearheaded a national scramble for ventilators as manufacturers warned on Friday that hospitals everywhere face a lack of vital equipment needed to treat coronavirus patients. Italy may have less than a quarter of the breathing machines necessary to help...
*Germany announces huge state guarantee scheme. BRUSSELS, March 13- The EU will boost spending on coronavirus-hit sectors of the economy, it said on Friday, also clearing member nations to run bigger deficits as Germany diverted state funds to cushion businesses against the impact of the epidemic. "I am convinced that the European Union can withstand this shock,"...
BRUSSELS, March 13- The European Union and the euro zone are very likely to be in a recession this year because of the coronavirus outbreak, a top economic official of the European Commission said on Friday.
French President Emmanuel Macron asks global leaders to act together to combat COVID-19, as the country strives to contain its outbreak.
BRUSSELS, March 13- The European Commission is set to formally announce on Friday measures that would let EU governments spend more freely to prop up economic sectors battered by the coronavirus crisis, officials said. The move would give a green light to deficit spending already announced by Italy, the European Union country worst hit so far by the outbreak.
BRUSSELS, March 12- Belgium's government on Thursday ordered schools, cafes and restaurants to close and tighter business hours for shops due to the coronavirus, following decisions by France and other European countries to limit all but essential activities. The measures take effect from Friday at midnight central European time and run until April 3,...
WASHINGTON, March 12- American Airlines Inc, United Airlines and Delta Air Lines Inc on Thursday said they were capping fares for U.S.-bound flights from Europe as U.S. citizens flock to European airports trying to return home after new air travel restrictions ordered by U.S. The White House later said Trump's policy did not prevent Americans from traveling...
UNITED TO FLY DAILY TO ZURICH, BRUSSELS, PARIS, AMSTERDAM, MANCHESTER AND EDINBURGH; MAINTAIN MULTIPLE FLIGHTS TO FRANKFURT AND MUNICH AFTER MARCH 19.
The central bank offered $500 billion in a three-month repo operation on Thursday and will offer an additional $500 billion in one-month repo and $500 billion in three-month repo loans on Friday. It comes a day after President Trump said the U.S. Treasury Department will defer tax payments without interest or penalties for certain individuals and...
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