The coronavirus will “very likely” push the European economy into recession this year, the European Commission said on 13.03.2020, as it urged member states to take quick and bold measures to ensure an economic rebound in 2021. The bloc plans to free up €37bn to support workers, SMEs, and crisis-hit sectors, including healthcare and tourism.
2020 March 16 Monday, 17:05
Zoran Milanović, the candidate of the Social Democratic Party (SDP) and several other centre-left parties, won the runoff election against the incumbent president and candidate of the ruling Croatian Democratic Union (HDZ), Kolinda Grabar-Kitarović.
2020 January 06 Monday, 14:04
Google will no longer be using the so-called ‘double Irish’ tax loophole that allowed the company to avoid the US taxman. Recent changes to Irish and US laws as well as OECD efforts to counter tax avoidance have caused the company to revise its tax structure.
2020 January 06 Monday, 13:52
Американська аерокосмічна компанія Firefly Aerospace, яка має підрозділ в Україні, розпочала випробування першого ступеню ракети-носія Alpha. На стенді Firefly TS2 встановили чотири двигуни Reaver. Невдовзі стартують тестування на «гарячому вогні», які завершаться 165-секундними відпрацюваннями повного робочого циклу. У Дніпрі Firefly Aerospace має власний R&D-центр і цех експериментального виробництва малих ракетних
2020 January 06 Monday, 13:46
Greeks elected the conservative New Democracy party to government after it promised lower taxes and more jobs. Led by incoming PM Kyriakos Mitsotakis, the party won 39.6% of the vote compared to the far-left Syriza party of PM Alexis Tsipras with 31.6%. Voters supported New Democracy’s promise to cut taxes to drive investment, growth and jobs after years of tough austerity measures
2019 July 08 Monday, 11:06
Boeing has been usurped by its European rival Airbus in a lucrative new deal with the Saudi Arabia carrier Flyadeal. The beleaguered U.S. company lost a $5.5b deal to sell its 737 MAX jetliners to Flydeal after the carrier opted to purchase up to 50 Airbus A320neo planes instead. The move by the discount carrier is “one of the first tangible signs” that Boeing’s crisis is likely to encourage its rivals to strongly consider
2019 July 08 Monday, 11:01
Deutsche Bank could slash up to 20,000 jobs by 2022, a fifth of its workforce. CFO James von Moltke has called the move a “final restructuring”. He aims to reduce adjusted costs by a quarter to €17b, but is likely to post a net loss of €2.8b in the second quarter of 2019. He also announced it will pull out of global equities sales and trading operations, and scale back investment banking two days after
2019 July 08 Monday, 10:56
Swiss researchers have developed a method that could use the hot air in train tunnels to heat (or cool) thousands of homes. A series of plastic pipes filled with transfer fluid or cold water would be installed along train passages — as passing trains warm those pipes, energy would be produced in the form of a hot liquid. A 645,000 square foot area of lined tunnels could potentially supply enough energy to heat 1,500 homes,
2019 July 01 Monday, 14:53
The EU decreed all new electric vehicles must be fitted with a noise-emitting device. The new rule, which comes into effect today, follows concerns the super-quiet vehicles pose a risk to pedestrians and cyclists. The cars’ acoustic vehicle alert system (AVAS) must be activated when reversing or travelling at speeds below 19km/h. Charity Guide Dogs has welcomed the move but says vehicles should emit noise at all speeds. 
2019 July 01 Monday, 14:28
Airbus, Aeroports de Paris and the Paris Transport Authority say they’re looking into using autonomous flying taxis to move passengers every six minutes between Charles de Gaulle Airport and tournament sites. There are, however, issues to overcome first, including improving battery power and safety, as well as ensuring compatibility with existing infrastructure and regulations. 
2019 June 24 Monday, 14:49
To gain the emotional benefits from holding down a job, you just need to work eight hours a week, according to research. Unemployment has previously been tied to mental health problems, with researchers suggesting that the social contact and structure of work can aid emotional wellness. This study found those benefits don’t increase beyond eight hours of work. The findings could prove useful as automation threatens to
2019 June 24 Monday, 14:46
Sales of alcohol-free beer are booming in the UK and across Europe, coinciding with an increase in alcohol-free craft breweries and even a bar in Dublin. UK sales of low and alcohol-free beers jumped 28%. In Germany, as many as one in 15 sold estimated to be alcohol-free, and Spain is now the world's largest consumer of alcohol-free beer, accounting for 14% of all beer sales. Sales are pouring in for UK-based 
2019 June 21 Friday, 21:31
Former UEFA president Michel Platini has been detained by French anti-corruption police.Platini was taken into custody as part of ongoing investigations into Qatar’s winning bid to host the 2022 World Cup and released shortly before midnight, according to reports. French financial prosecutors have been looking into the bidding process for the 2018 and 2022 World Cups awarded to Russia and Qatar.
2019 June 20 Thursday, 06:16
The EU has reached a deal to give the US a larger share of Europe’s beef market. The agreement means the US will now secure a guaranteed 18,500 tonnes of the 45,000-tonne quota for hormone-free beef, with that number rising to 35,000 tonnes after seven years. It will reduce the amount of the quota other suppliers like Australia, Uruguay and Argentina can compete for, but could help defuse trade tensions between the US and Europe.
2019 June 18 Tuesday, 11:31
The move comes after the country’s oldest lender was linked to money laundering at Danske Bank, and is a “consequence of the ongoing internal investigation”. Swedbank CEO Birgitte Bonnesen was fired in March for misleading the public about the seriousness of the case. Swedbank is alleged to have handled up to €20 billion in suspicious payments yearly between 2010 and 2016 in Estonia.
2019 June 18 Tuesday, 11:23
The EC has introduced a cap on international phone calls within the EU. The price control will apply to all 28 members from May 15 and to be rolled out in Iceland, Norway and Lichtenstein soon. Intra-EU calls will be capped at 19 cents per minute, and SMS at 6 cents per message (not including VAT). In 2017, the EU abolished roaming fees for European mobile users.
2019 May 14 Tuesday, 08:55
In a bid to compete with Airbnb, Marriott International is set to offer home rentals in Europe, the US and Latin America.  The move, starting as early as next month following a successful European pilot, will make the world's largest hotel operator the first to offer home rentals. Both Hilton and Hyatt chains are said to be mulling a similar concept, per the report, while Airbnb seems to be going in the opposite direction, having
2019 April 30 Tuesday, 08:39
Emmanuel Macron announced widespread tax cuts for middle class earners, but says French people need to “work more”. The €5 billion cuts will be financed by eliminating corporate tax breaks, working longer hours and reductions in public spending. Macron also said French citizens will need to contribute longer to the pensions system before retiring. He also promised higher education for adults to improve their
2019 April 26 Friday, 09:05
In its latest monthly report, the European Commission claims there’s been a lack of progress after the tech giants last year pledged to crack down on fake news. The commission says Google has not made enough progress in defining “issue-based advertising”, while Twitter has yet to provide details on how it is tackling spam and fake accounts. The European Parliament will hold its elections next month.
2019 April 24 Wednesday, 09:12
Deutsche Bank is facing fines and legal action over its role in a $20bn Russian money-laundering scheme. The bank admits there is a high risk that regulators in the US and UK will take “significant disciplinary action” against it. Deutsche Bank was linked to a money-laundering operation, dubbed the Global Laundromat, through which Russian criminals moved money into the western financial system.
2019 April 19 Friday, 09:03
Thousands of people around the world may be listening to your conversations with your Alexa device. That’s according to a Bloomberg report, which says Amazon workers listen to commands to help the artificial assistant better comprehend human speech. The global team is "the latest example of a cloud-based service that purports to use an algorithm that actually has a team of humans behind it,” says CNET. Amazon has said
2019 April 13 Saturday, 12:50
7 years ago Assange took refuge in the Ecuadorian embassy to avoid extradition to Sweden on sexual assault charges that were later dropped. The Australian was initially arrested for failing to surrender to the court. Police confirmed he has been "further" arrested "on behalf of the United States authorities" over charges relating to one of the world's largest leaks of government secrets. Ecuador withdrew Assange's asylum after his
2019 April 13 Saturday, 12:35
Swedbank has stood down CEO Birgitte Bonnesen amid a €135 billion money-laundering scandal. The move comes a day after Swedish police raided the bank’s headquarters. Bonnesen’s ousting follows that of Danske Bank’s Thomas Borgen, who resigned after the lender admitted it let €200 billion of suspicious payments flow through its Estonian branch. 
2019 March 29 Friday, 08:06
Europarliament has passed sweeping new legislation that could change the way big tech uses and shares content. The rules — approved by the Europarliament yesterday — could see sites like YouTube made responsible for copyright infringements committed by their users. It could also see news aggregation platforms forced to pay publishers for using their content. Tech companies have long argued that it would amount to
2019 March 27 Wednesday, 09:29
MPs will have at least 16 proposals to vote next week to determine the future of Brexit. The proposals include a UK-EU customs union, a second referendum, rejoining the European FTA, a “common market 2.0”, and the revoking of article 50. On Tuesday, MPs seized control of the Brexit procedure with a series of non-binding votes in an attempt to end the current deadlock. 
2019 March 27 Wednesday, 09:23
The EU has hit Google with a third antitrust fine for preventing competition in the online advertising market. Rivals say the search giant restricted them from showing search ads between 2006 and 2016. The EU’s competition commissioner Margrethe Vestager says Google “shielded itself from competitive pressure by imposing anti-competitive contractual restrictions on third-party websites”. The fine is
2019 March 24 Sunday, 12:58
The online tracking tools, most of which were developed by Google, were discovered on 89% of government websites and 52% of national health pages, according to Danish data compliance service Cookiebot. The company warns that personal and sensitive information could be sold on by ad tech companies. Only the websites for the Spanish, German and Dutch governments were tracker-free.
2019 March 24 Sunday, 12:52
The length of delay will depend on whether MPs agree to Theresa May's withdrawal agreement. If the PM is able to get approval for the existing deal — which has been rejected twice previously — the bloc will agree to an extension to May 22. Should she fail, the UK will only be given until April 12. Meanwhile, more than two million people have signed a petition to revoke Brexit.
2019 March 23 Saturday, 11:49
Facebook confirmed its employees were able to see “hundreds of millions” of user passwords because they weren’t encrypted. It says it will notify up to 600 million users of Instagram, Facebook Lite, etc of the lapse, adding there is no evidence the data was abused. Facebook says the passwords may have been exposed for up to seven years.
2019 March 23 Saturday, 11:42
UK Parliament agreed — 412 to 202 — to seek an extension of Brexit beyond March 29. The exact date depends on whether Parliament approves Brexit deal before March 20. EU leaders have been split on whether they would approve a deadline change. The timing will also determine whether the U.K. participates in upcoming EU elections. European shares rose to a five-month high yesterday following the vote.
2019 March 15 Friday, 12:55
Member states failed to reach an agreement. Ministers will now work towards reforming digital taxation on a global level — spearheaded by the OECD — by 2020. The move to be welcomed by tech giants such as Google and Facebook, which faced a proposed 3% levy. France, Italy, Spain plan to introduce taxes on a national level.
2019 March 13 Wednesday, 11:53
It is the first in an expected wave of European levies aimed at big tech companies. The so-called GAFA tax — named after its targets Google, Apple, Facebook and Amazon — will apply to firms with global annual revenues of over €750 million and French revenues over €25 million. It’s expected to raise around €0.5B a year. The move comes amid mounting criticism of the amount of tax that tech giants pay in Europe.
2019 March 07 Thursday, 06:45
British MPs have branded Facebook and its executives “digital gangsters” and accused the social media giant of deliberately obstructing an inquiry into fake news. A report  called for statutory regulation of Facebook and claimed that it did not do enough to prevent disinformation. It also accused co-founder Mark Zuckerberg of contempt of parliament after he refused three separate demands to give evidence.
2019 February 19 Tuesday, 11:14
Money sent home by Ukrainians working abroad totaled $5.5 billion during the first half of this year, up 31% year over year. For the 12 months ending in June, Ukrainians sent home $11 billion, the National Bank of Ukraine calculated. This is 10% of Ukraine’s $112 billion GDP.
2018 October 10 Wednesday, 12:19
The bank, nationalized in 2016, is holding a competition among Ukrainian and international companies. Privatbank has set a minimum $37M price for its share of the Radisson Blue Resort Bukovel hotel, and a minimum $78M price for its share of the Bukovel ski resort.
2018 October 09 Tuesday, 12:09
The $280M bridge from Orlivka (Ukraine) to Isaccea (Romania) would cut 2 hours off the drive from Odesa to Turkey and would be part of the European E87 highway. On Friday, President Poroshenko of Ukraine and PM Borisov of Bulgaria inspected repairs on the Odesa-Reni stretch of the road. With upgrades on this 320 km highway nearly complete, the freight traffic on it has increased significantly, and the new bridge would increase it tenfold,
2018 October 08 Monday, 12:14
CMEC (China Machinery Engineering Corporation) and DTEK broke ground a 200 MW, 400 ha, $265M solar farm near Nikopol. In six months it would be Europe’s second largest, after France’s Cestas 300 MW solar station. Financed by DTEK and CMEC, it will use equipment from Chinese companies: Seraphim Solar System and Trina Solar will provide 750,000 solar panels, and Shenzhen Kstar Science & Technology will supply 80 inverter stations.
2018 October 08 Monday, 12:00
On October 3, the U.S. Senate passed by unanimous consent S. Res.435, a resolution commemorating the 85th anniversary of the Ukrainian Famine-Genocide (Holodomor) of 1932-1933. The resolution recognizes the findings of the 1988 Commission on the Ukraine Famine that expressly states “Joseph Stalin and those around him committed genocide against the Ukrainians in 1932–1933.”
2018 October 05 Friday, 12:04
World Bank predicts Ukraine’s economy will grow by 3.3% this year, and possibly by 4% next year, according to Faruk Khan, the Bank’s lead economist for Ukraine, Belarus and Moldova. Without an IMF accord this fall, growth could tumble to 2% next year, he told reporters on October 4.
2018 October 05 Friday, 10:06
The starting auction price for the state’s 78% of shares in Centrenergo will be $212 million, the Cabinet of Ministers decided on October 3. Located in central and eastern Ukraine, Centrenergo saw its electricity production drop by 36% due to the cut off anthracite coal from the Russia-occupied part of the Donbas. With alternative coal sources in place, the company is seeing electricity production bounce back this year.
2018 October 05 Friday, 09:55
Michael MacKay, Radio Lemberg, 01.06.2020   A tactic of Russia’s war against Ukraine is now being used in the United States. Titushki are being directed by regime authorities against American citizens who are protesting for a better life.   Titushki are organized gangs of thugs. They are sponsored by authoritarian regimes, and they’re handled and paid by third parties. Their function is to act as agents provocateurs in the middle of peaceful protests. They instigate violence to pervert civil dissent and to justify a police crack-down. Sometimes police protect or are covert operatives within the titushki.   The term originates in Ukraine, where in 2013 a man named Vadym Titushko attacked journalists who were covering an opposition rally. Opposition to the corrupt Yanukovych Clan was growing in Ukraine, and reached a climax at the end of 2013 and beginning of 2014 with the Revolution of Dignity (also known as EuroMaidan). Street protests grew in size and support, and there were a few million person-plus rallies in central Kyiv during the bitterly cold winter. Even though there was no government control over the Independence Square district in Ukraine’s capital for three months, there was no looting. EuroMaidan protestors practiced direct democracy, organized themselves into self-defence units, and carried out the business of a mini-city within the city.   To break this up and to justify using police violence, then President Viktor Yanukovych used titushki aggressively, starting in late November 2013. Large numbers of poor young men were offered a small amount of money and sent into the middle of protests to cause violence.   By the time of the dictatorship laws – rammed through Ukraine’s parliament on Black Thursday, 16 January 2014 – Yanukovych was taking advice exclusively from his Russian advisors. Putin’s hard men instructed Yanukovych to use titushki, particularly
2020 June 01 Monday, 08:15
Yuval Noah Harari, The Financial Times, 20.03.2020   Цей шторм мине. Але вибір, який ми зараз робимо, може зміни наше життя на довгі роки.   Людство попало у глобальну кризу. Можливо у найбільшу кризу нашого покоління. Те, що вирішать люди та уряди країн у наступні тижні, напевно сильно змінить світ у найближчі роки. Це сильно змінить не лише наші системи охорони здоров’я, але й нашу економіку, політику й культуру. Ми мусимо діяти швидко й рішуче. Ми також маємо врахувати довготермінові наслідки наших дій. Перебираючи варіанти, ми маємо спитати себе не лише про те, як подолати нагальну небезпеку, але й про те, у якому світі ми житимемо коли цей шторм мине. Так, цей шторм мине, людство його переживе, більшість з нас житиме – але житиме в іншому світі.   Багато термінових і надзвичайних заходів з безпеки матимуть на меті врятувати життя. Таким є завдання ургентних заходів. І вони дуже прискорять історичні процеси. Рішення, які у нормальні часи вимагали багатьох років на роздуми, тепер приймаються за лічені години. Неготові та навіть небезпечні технології впроваджуються вже, бо ризики не робити нічого є ще більшими. Що відбувається, коли кожен працює з дому та спілкується лише дистанційно? Що відбувається, коли цілі школи й університети переходять в онлайн? В нормальні часи уряди, бізнеси та навчальні заклади ніколи б не погодилися на такі експерименти. Але це не нормальні часи.   У цей кризовий час, ми стоїмо перед двома особливо важливими виборами. Перший – між тоталітарним наглядом та розширенням прав і можливостей громадян. Другий – між націоналістською ізоляцією та глобальною солідарністю.   ПІДШКІРНИЙ НАГЛЯД   Щоби зупинити епідемію, цілі громади мають дотримуватись певних правил. Є два способи досягти цього. Перший спосіб – уряд має спостерігати за людьми та карати тих, хто порушує правила. Сьогодні, вперше в історії людства, технологічно є можливим спостерігати за кожним
2020 March 24 Tuesday, 14:26
Michael Peel and Sam Fleming in Brussels, The Financial Times, 17.03.2020 Таємний звіт вказує на плани Кремля зруйнувати довіру до заходів европейських країн щодо приборкання пандемії.   Кремлівські мас-медіа Московії розгорнули "значну дезінформаціну кампанію" для ще більшого загострення пандемічної кризи у західних країнах шляхом руйнування довіри до їхніх заходів безпеки, вказано у таємному звіті Евросоюзу.   Зусилля Кремля мають на меті заполонити людей зневірою, панікою та страхом, відсікти їх від справжньої інформації про хворобу. Як повідомляється у звіті дипломатичної служби Евросоюзу, ці зусилля є частиною ширшої стратегії Кремля на "підрив европейських суспільств зсередини".   Дев'ятисторінковий звіт, датований 16.03.2020, і який мали змогу переглянути журналісти нашого видання, вказує на широкий спектр спроб Кремля використати пандемію Covid-19 для поширення брехливих чуток в різних країнах. Також у звіті піддано великому сумніву ефективність заходів керівництв соцмереж щодо блокування постів про коронавірус.   "Масштабна дезінформаційна кампанія державних та недержавних мас-медіа Московії щодо Covid-19 є у розпалі", — написано в аналітичній записці підрозділу зі стратегічних комунікацій Служби Евросоюзу зі Зовнішнього Реагування (European External Action Service). "Головною метою кремлівської дезінформації є загострити кризу в галузі охорони здоров'я в західних країнах, особливо шляхом підриву суспільної довіри до національних систем охорони здоров'я, і таким чином унеможливити ефективну відповідь на спалах хвороби".   Евросоюз зафіксував майже 80 дезінформаційних вкидів щодо Covid-19 у своїй базі даних , і це лише з 22 січня 2020, сказано у звіті. Також наголошено, що "пов'язані з державними органами Московії фейкові особи та профілі у соцмережах", які раніше писали про події в Сирії та про "жовті жилети", тепер різко почали "поширювати дезінформацію про коронавірус англійською,
2020 March 21 Saturday, 12:37
Роман Олеарчик, The Financial Times, 08.03.2020   Вартість держоблігацій зросла, а інвестори висловлюють занепокоєння після того, як Зеленський звільнив ключових реформаторів.    Президент Володимир Зеленський звільнив низку ключових реформаторів зі свого уряду.   Цього тижня відставка уряду України лише через півроку його каденції  викликала побоювання інвесторів та політичних реформаторів, що президент Володимир Зеленський відмовився від своїх зусиль з реформи економіки та боротьби з корупцією. Зеленський зняв з посад  міністра фінансів Оксану Маркарову та головного прокурора Руслана Рябошапку, двох шанованих реформаторів, і позбувся прем'єр-міністра Олексія Гончарука.  Тимофій Милованов, економіст, який отримав освіту у США та проводив довгоочікувану земельну реформу на посаді міністра економіки, також пішов через це «перетасовування».  Зеленський заявив, що він змінює свій уряд через невдоволення повільними темпами реформ. Але інвестори є налаштованими скептично, особливо з приводу звільнення Рябошапки, якого схвалили західні друзі Києва та антикорупційні активісти за спробу очистити корумповану прокуратуру.  Судова система часто зазнає тиску з боку українських олігархів, які використовують її, щоби відстоювати  інтереси свого бізнесу та зводити між собою рахунки. Київська філія інвестиційного банку «Dragon Capital» описала урядову «перестановку» як "сумнівну", додавши: "Склад нового уряду, який не зміг включити ключових ринкових міністрів з попереднього уряду, та брак детальної політики, запропонованої новим прем'єр-міністром, поки що ставлять під питання продовження та якість реформ, незважаючи на обіцянку Зеленського про відсутність зміни загального
2020 March 11 Wednesday, 00:31