EU leaders have agreed a €750bn recovery fund to help member states mitigate the economic effects of the coronavirus outbreak. After four days of negotiations, all 27 heads of government signed off on a package that consists of €390bn in grants and €360bn in low-interest loans. To raise the money, the European Commission received the go-ahead to borrow on the financial markets for the first time. Leaders simultaneously approved
2020 July 22 Wednesday, 14:08
Greece wants to become the place where you grow old. The Greek government plans to tempt foreign retirees to relocate to the country by offering them a flat tax rate, according to a draft law. Pensioners moving their tax residence to Greece would pay a flat rate of 7% on all sources of income, including rents, dividends and pensions. Retirees have to spend at least six months per year in Greece and their countries need to have a double taxation
2020 July 22 Wednesday, 13:58
Barcelona has told landlords to rent out their empty apartments or risk losing their properties. Property owners without tenants could be forced to sell their properties at half the market value to the city government, which will then rent them out to lower-income residents. Cities across Europe are looking to rein in short-term letting platforms. In Lisbon, landlords can rent their apartments to the municipality which will find tenants through
2020 July 22 Wednesday, 13:50
The pandemic could trigger a surge in bad debts for European banks over the next three years, says a new report from consultancy Oliver Wyman. Loan losses could amount to €400bn, according to the firm’s expected scenario in which most countries avoid a second lockdown. Should there be a second wave, then Europe’s banks may have to brace for €800bn in credit losses – or 10% of their total lending. The report further
2020 July 22 Wednesday, 13:40
Estonia has launched a "Digital Nomad Visa" in the hopes of promoting the country to remote-working employees and freelancers from outside Europe. With the visa, people can stay in Estonia for one year, including up to 90 days of travel within the European Union's Schengen zone. Other countries in Europe, like Norway and the Czech Republic, already have similar visa solutions in place – as does Barbados.
2020 July 16 Thursday, 14:38
A EU court has sided with Apple, awarding the tech giant a major victory in a battle over unpaid taxes. The case dates back to a decision in 2016 when the EC ruled that Ireland had given Apple an unfair tax advantage and therefore owed $14.9 billion. It was annulled by Europe’s General Court Wednesday, after the court said the EC did not prove that there was an advantage given.
2020 July 16 Thursday, 14:34
The UK has banned telecoms firms from buying new 5G equipment from Huawei from the end of the year and ordered the removal of the company’s technology from the 5G network by 2027. The decision overturns a January announcement that only kept the Chinese firm out of sensitive areas of the 5G network and is likely to delay the rollout of 5G by "two to three years", the culture secretary said. Officials in France, Italy and Germany are also
2020 July 15 Wednesday, 13:57
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
Том Берт, Microsoft (корпоративний віце-президент Microsoft з безпеки та довіри клієнтів), 10.09.2020   Протягом останніх тижнів корпорація Майкрософт виявила кібератаки на людей та організації, які беруть участь у найближчих президентських виборах США, зокрема невдалі напади на людей, пов'язаних і з кампаніями Трампа, і з кампаніями Байдена, про це детально написано нижче.   Ми маємо і ми будемо захищати нашу демократію від цих атак та інформуватимо про такі атаки можливих жертв завдяки інструментам безпеки в наших продуктах та послугах.   Факти, про які ми сьогодні розповідаємо, дають зрозуміти, що іноземні спецгрупи активізували свої зусилля, скеровані на листопадові вибори 2020 року, як це й передбачалося, і все це узгоджується з тим, про що повідомляли уряд США та інші аґенції. Окрім того, ми повідомляємо про напади на інші установи та підприємства у всьому світі, що відображають подібну підривну діяльність.   Ми виявили, що:   • Спецгрупа «Стронцій», яка діє з Московії, атакувала понад 200 організацій, зокрема політичні кампанії, правозахисні групи, партії та політичних консультантів   • Спецгрупа «Цирконій», яка діє з Китаю, напала на високопосадовців, пов'язаних з виборами, зокрема на осіб, пов'язаних з виборчою кампанією Джо Байдена, та видатних лідерів міжнародної спільноти   • Спецгрупа «Фосфор», яка діє з Ірану, продовжила атакувати особисті облікові записи осіб, пов'язаних з виборчою кампанією Дональда Трампа   Більшість цих атак було виявлено та зупинено інструментами безпеки, вбудованими в наші продукти.   Ми безпосередньо повідомили тих, на кого було націлено атаки, щоби вони могли вжити заходів для захисту.   Сьогодні ми розповідаємо про деталі цих атак, і там, де ми конкретно називаємо жертв, ми робимо це за їхньої згоди.   Те, що ми бачили, узгоджується з попередніми схемами
2020 September 11 Friday, 15:23
Олександр Александрович, Цензор.нет, 31.08.2020   Нещодавно автор виклав своє бачення мови як одного із первнів культурної ідентичності українців. Сьогодні звернімося до історії. Не всієї, не лякайтесь. Лише тієї її частини, яку мусимо неодмінно й правдиво з’ясувати і включити у підручники для школярів і студентів.   Річ у тім, що керівництво Московії вважає, що українці й московити ("росіяни") – це один народ, і водночас твердить, що України й українців взагалі ніколи не існувало. Тобто виходить, що знання нашої справжньої історії – це не прерогатива університетських професорів, а нагальна потреба всіх громадян, бо від цього залежить наше політичне, а може, й фізичне виживання.   Найлегший спосіб розвіяти туман у московській і малоросійській головах – це звернутися до першоджерел і праць авторитетних науковців. Для того, щоби підтвердити чи спростувати тезу про "колиску трьох східнослов’янських народів" і "общєрусскій народ", необхідно проаналізувати період з часів праслов’янської території через антську державу, східно-слов’янське розселення, Руську землю і до ХІІІ століття, тобто до навали монголів. Адже московські історики й політики апелюють одночасно до двох "вікопомних" процесів – розселення слов’ян на просторі Східної Европи впродовж V-VIII століть і нібито масової міграції населення Руси з Півдня на Північ внаслідок монгольської окупації в XIII столітті. Тобто, мовляв, якщо зазнає краху смілива теорія про залюднення слов’янами Залісся у V столітті, то тоді підкидаємо версію про втечу всіх без винятку русинів з Київщини, Переяславщини і Чернігівщини на Московщину після 1240 року. Бо колись же ж ті східні слов’яни мусили або з праслов’янських часів осісти на території сучасної Москви, або пізніше перемішатися, щоб створити отой один народ. Так і хочеться порадити цим фокусникам від історії: ви або хрестик зніміть, або...    Нижче подано
2020 September 02 Wednesday, 17:18
Олександр Александрович, Цензор.нет, 19.08.2020   Для гармонійного поступального розвитку України треба остаточно вирішити питання нашої культурної ідентичности. Без цього всі інші державні дії будуть неефективними, бо всередині суспільства зберігатиметься, а ззовні підживлюватиметься постійна напруга. Ця ідентичність, як не крути, передусім упирається в питання історії та мови.    Проаналізуймо мовне питання. Багато списів зламано навколо цієї проблеми, багато спекуляцій нагромаджено. Когорту опонентів можна умовно розділити на три великі групи. Перша обстоює повернення до деколоніального стану, тобто коли українська мова вільно функціонувала на всій території України і не була загрожена ніякою іншою мовою. Друга пропонує відштовхуватися від нинішнього статус-кво, тобто затвердити де-юре українсько-москвинську двомовність, а також, в дусі европейських цінностей мультикультуралізму, захищати права усіх національних меншин. Третя група здогадується, що другою державною москвинську ("російську") мову робити, мабуть, не годиться, усвідомлює важливість підтримки української мови, але сама продовжує розмовляти москвинською ("російською") — бо так зручно — і пропонує взагалі не перейматися цим питанням; якось воно буде…   Не претендуючи на істину в останній інстанції, хотів би запропонувати декілька не політичних, а суто лінгвістичних, соціо-культурних, історичних і юридичних критеріїв та аргументів, які допоможуть нам розв’язати цей вузол. При цьому активно спиратимемося на міжнародний досвід. КРИТЕРІЇ / АРГУМЕНТИ   По-перше, запитаймо себе, чи існує нині кодифікована офіційна літературна українська мова? Відповідь очевидна – існує. Функціонує Інститут української мови та Інститут мовознавства ім. О.Потебні НАНУ, котрий якраз нещодавно у складі національної комісії запропонував оновлений правопис. Маємо різноманітні енциклопедичні, етимологічні, технічні, медичні,
2020 September 02 Wednesday, 12:23
Michael MacKay, Radio Lemberg, 24.08.2020   Ukraine became a formally independent country 29 years ago today. But real independence didn’t come without struggle, and it was only achieved by Ukrainians through the Revolution of Dignity of 2013-14. But then Russia invaded Ukraine. After five years of fighting Putin’s army to a stalemate, a sizable number of Ukrainians seemed to give up. They voted for a TV comedian, Volodymyr Zelenskyy, to be their war leader. Zelenskyy said he was the peace candidate, but he never said how he would end the war nor has he ever acknowledged that the war is with Russia. What he did was capitulate, thus extending the war and the suffering of Ukrainians in Crimea and Donbas.The weakness shown by Zelenskyy’s capitulations is being exploited by Putin to turn Russia’s war against Ukraine into the “forever war.” The hope of liberation is being slowly taken away from captive Ukrainians in Crimea and Donbas.The most notable capitulations by President Zelenskyy to aggressor Russia have been unilateral withdrawal of the Ukrainian army from the Stanytsia Luhanska, Zolote, and Petrivske “disengagement areas”, a complete ceasefire enforced on the Ukrainian army but not the Russian army, and a disarmament of front-line Ukrainian units of all weaponry heavier than a submachine gun.We are six and a half years into Russia’s war against Ukraine and well over one year into Volodymyr Zelenskyy’s mandate as President of Ukraine. From the start of Russia’s invasion of Ukraine in February 2014 up until 2018, Ukraine’s organized defence from foreign armed aggression was known as the Anti-Terrorist Operation (ATO). In April 2018, a new structure took over called the Joint Forces Operation (JFO). With the JFO the Armed Forces of Ukraine took the lead and brought under their wing the National Guard of Ukraine, the National Police of Ukraine, the Security Service of Ukraine, the
2020 August 24 Monday, 12:05