[ad_1] ROME (Reuters) – Italy may ask for a temporary suspension of European Union budget rules as it struggles to contain a coronavirus epidemic, the deputy economy minister said on…
Tag: Economic Output
Business activity collapses across Europe as coronavirus lockdowns spread
[ad_1] LONDON (Reuters) – Business activity has cratered across Europe as attempts to contain the coronavirus pandemic push governments to shut down vast swathes of their economies, from shops to…
U.S. business inventories fall in February
[ad_1] FILE PHOTO: Warehouse workers deal with inventory stacked up to the ceiling at an ABT Electronics Facility in Glenview, Illinois, U.S. December 4, 2018. REUTERS/Richa Naidu WASHINGTON (Reuters) –…
Italy’s populists challenge EU with plans to boost deficit
[ad_1] By Gavin Jones, Steve Scherer ROME (Reuters) – Italy’s populist government brushed off protests from its own economy minister to back a significant rise in deficit spending next year,…
France winds down crisis support for companies
[ad_1] A woman, wearing a protective face mask, walks past a commercial space for rent in a street in Nantes, France, November 10, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – France…
Italy defends budget as EU warns of ‘unprecedented’ rules breach
[ad_1] BRUSSELS (Reuters) – Italy’s Prime Minister defended its free-spending budget on Thursday, brushing off criticism from Brussels as the European Commission stepped up pressure over a draft it labeled…
Bank of Italy cuts 2019 GDP growth forecast
[ad_1] ROME, June 7 (Reuters) – The Italian economy will grow just 0.3% this year, the Bank of Italy said on Friday, cutting an already reduced projection of 0.6% made…
Italy’s 2020 growth may be cut if coronavirus effect is significant: economy minister
[ad_1] FILE PHOTO: Italian Finance Minister Roberto Gualtieri looks on during the swearing-in ceremony at Quirinale Presidential Palace in Rome, Italy September 5, 2019. REUTERS/Ciro de Luca/File Photo ROME (Reuters)…
Italian coronavirus cases likely “10 times higher than reported”
[ad_1] ROME, March 24 (Reuters) – The number of cases of coronavirus in Italy is probably 10 times higher than the official tally of almost 64,000, the head of the…