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Top StoriesItalian Govt Faces Turbulence After Key Parties Fail in Local Vote
Top StoriesNorway Government Secures Backing for Revised 2022 Spending Plan
Top StoriesGermany Eyes Aid Payment for Gazprom Germania – Sources
Top StoriesGermany Prepares 5-10-billion-euro Rescue for Gazprom Germania – Bloomberg News
Italy Studies Multi-Billion Euro Package to Cut Taxes on Wages, Curb Energy Costs
Date: June 13, 2022
By Giuseppe Fonte ROME (Reuters) – Italy is studying measures to cut taxes on low- and middle-income workers and help families and firms cope with surging energy costs exacerbated by the Ukraine war, two government officials said. The package would come on top of more than 30 billion euros ($31.45 billion) budgeted since January to...
Denmark Willing to Help Sas if Private Investors Get on Board
Date: June 10, 2022
By Stine Jacobsen COPENHAGEN (Reuters) -Denmark is willing to write off debt owed by loss-making airline SAS and inject more capital if private investors chip in as well, Finance Minister Nicolai Wammen said on Friday. The airline’s share price surged as much as 45% as investors welcomed some positive news for the carrier, which is...
UK Government Sends Queen Elizabeth a Music Box to Celebrate Her Jubilee
Date: June 9, 2022
LONDON (Reuters) – Britain’s government sent Queen Elizabeth a specially-commissioned musical box to mark her platinum jubilee, depicting on its lid the black front door of the Prime Minister’s Number 10 Downing Street office. The 96 year-old monarch celebrated 70 years on the British throne with an extended public holiday and a series of events...
Greece Plans to Reduce State Energy Consumption by 30% by 2030
Date: June 9, 2022
ATHENS (Reuters) – Greece on Thursday urged state entities to reduce use of air conditioning, install window shields and shut computers after working hours, to help cut electricity consumption and set an example for the rest of the country. Greece has been subsidising households since September to help consumers cope with ballooning power bills amid...
Bulgaria’s Itn Party Exits Coalition Government
Date: June 8, 2022
SOFIA (Reuters) – Bulgaria’s populist party There Is Such a People (ITN) will exits the four-party ruling coalition that took office in December, taking its four ministers out of the government, its leader Slavi Trifonov said on Wednesday in a video statement on his Facebook page. Trifonov said his party did not agree with the...
Sri Lanka Seeks to Secure $5 Billion in Funds for Import Payments
Date: June 2, 2022
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuel imports and other items bought through credit lines, and another $1 billion to bolster its foreign reserves, the prime minister’s office said on Thursday. The island nation is grappling with its worst...