EU tells banks to be flexible over loan losses rule during epidemic
European banks have the flexibility to avoid a huge rise in provisioning for non-payment of loans during the coronavirus outbreak, ...
Read More Covid-19 unemployment support payments to be increased to €350
The Government is to increase the Covid-19 Pandemic Unemployment Support payment for people who have been laid-off due to the ...
Read More EU to suspend budget rules as ECB relaxes regulations
The European Commission has said the EU would suspend its strict rules on public deficits to allow governments to open ...
Read More Virus hit firms will be able to defer rates payments
Businesses most impacted by the coronavirus outbreak will be able to defer the payment of their commercial rates for three ...
Read More Recession a possibility as a result of virus; Davy
Stockbroker Davy has said the Irish economy could contract in 2020 as a result of the coronavirus pandemic. In a ...
Read More Banks announce measures for customers and businesses impacted by Covid-19
The main banks are to introduce a range of measures to help those affected by the outbreak of coronavirus. They ...
Read More European rout pauses as ECB stimulus measures calms recession panic
European shares edged higher from near-seven year lows today as another set of dramatic stimulus measures by the European Central ...
Read More ECB announces €750bn bond purchase scheme amid Covid-19 crisis
The European Central Bank on Wednesday announced a surprise €750 billion scheme to purchase government and corporate bonds. It comes as it ...
Read More EIB pledges €40bn to tackle virus fallout
The European Investment Banks (EIB) is to make up to €40bn available to counteract the economic crisis caused by the ...
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