The European Union (EU) will invest 15 billion euros to help poor countries fight the coronavirus outbreak. This was announced by the President of the European Commission, Germany's Von der Leyen.
“The programme we announced today is one of the first in Europe. It will mainly affect micro-enterprises and companies to continue operating. Other banks are preparing to announce similar measures.
Yesterday's decision by MPs to donate their salaries to fight the coronavirus effectively left the entire government without remuneration.
Eurozone finance ministers are likely to rally today around three swift mechanisms to support the economy amid the coronavirus pandemic, Reuters quoted European officials as saying late last week.
On Monday, the Hurun Research Institute published its new ranking with the world's richest entrepreneurs. In it, six of the new billionaires are from China, while three from India and two from the US dropped out.
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The European Commission has approved the deal for BTC, it is clear from a message on the commission's website. It said Brussels sees no obstacles to the Netherlands-based United Group from acquiring Bulgarian telecom. The deal will not harm competition and the free market, according to the EC opinion.