The European Commission considers that the new proposal on the next long-term EU budget, drawn up by the President of the European Council, Charles Michel, is "a good starting point" for the negotiations, while highlighting that it introduces "fresh money" for the Fair Transition Fund and dedicates…
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budget
Brussels will seek to control the budget deficit
This Wednesday the European Commission (EC) starts the review of budgetary surveillance standards.
This organization will seek to control the deficit and public debt of the countries of the European Union, in order to simplify them.
The…
After brexit, London will present its first budget
After the planned departure of the United Kingdom from the European Union, the head of the European country's finance portfolio, Sajid Javid, promised that next March 11th it will be presented in a new general state budget, where the…
Japan approves € 215,000 million to stimulate economic growth
The main sectors of the economy of Japan that will receive strong support thanks to the first stimulus package in three years will be economy, infrastructure in the face of natural disasters, exports, public spending, as well as the…
Spain will contribute with € 11,950 million to the EU budget
Spain will pay an average of 11,950 million euros a year to the budget of the European Union for the period between 2021 and 2027, a figure that is 17.5% higher than the one paid between 2014-2020, according to calculations published on…
Colombia will finance renewable energy projects
Colombia approved on Tuesday the signing of eight contracts in the area of renewable energy for an amount of 2,200 million dollars in order to reach a total installed capacity of 1,298 megawatts.
Through the announcement made by the…
Thomas Cook bankruptcy hits tourism industry
This Monday the British tour operator Thomas Cook declared bankruptcy. As a consequence, an average of 600,000 people have been stranded worldwide due to suspension of flights from the group's airline.
One of the most affected countries…
Ecuador implements new measures to boost its economy
In order to strengthen the economy of the South American country, the government of Lenín Moreno has launched a series of economic adjustments which help to raise the income margin in the nation. Among the government plans is included a…
Panama announces austerity plan and low budget for 2020
After the inauguration of the president, Laurentino Cortizo, who assumed power on July 1st for the period 2019-2024, it was announced the implementation of a plan to combat poverty in 300 of the 671 districts of the country, framed in his…
Ford announces cut of 7,000 jobs
Ford Motor Co is in a process of restructuring that includes a reduction of 7,000 jobs in its global structure. Jim Hackett, CEO of Ford, broke the news to his employees via email.
The layoffs represent 10% of their general workforce in…
Harvard debuts in the cryptographic trade
The cryptographic market has a new participant. It is about Harvard University that has just made its debut in the market of cryptocurrencies through the Harvard Management Company.
The company is the main endowment of the university and…
EU will fine parties that violate data protection in elections
The EU has indicated that it will fine the political parties and political organizations that incur in the manipulation of the voter data in the elections of the European Parliament that will take place from May 23 to 26 with the purpose of…