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
Taras Bartka, Colonel of Armed Forces of Ukraine, 19.05.2022   The experience and misuse of the Territorial Defense Forces of the Armed Forces of Ukraine in combat operations on the front line in eastern Ukraine revealed several problems, which led to serious consequences with significant losses of personnel, equipment, weapons and property as well as reputational losses. This is due to the low combat capability of units when not used for their intended purpose. Analysis of the causes of low combat capability in the misuse of the XXX TRO brigade demonstrates a problem similar for all the brigades of the TDF (Territorial Defense Forces) of the Armed Forces of Ukraine.   The example of the XXX Brigade of the Territorial Defense Forces of the Armed Forces of Ukraine, which were involved in the forces of OTG (operational-tactical group)"YYY" on April 28 which received the combat mission to secure certain areas of the frontline, identified the following shortcomings.    1. On a wave of patriotism, in the first days of the full-scale Russian invasion of Ukraine and the announced mobilization, a large number of motivated people came to the DTROs (district territorial recruitment offices; former military enlistment offices), but they were not registered neither was information about them or about their health recorded. Given the specifics of the service provided by current legislation, DTROs sent discharged non-military servicemen, the elderly, with health problems (limited fitness, unfit in peacetime, and even the disabled III and II groups, who for patriotic reasons hid their actual state of health) to the TDF;    2. Many volunteers who arrived at the DTROs immediately volunteered for service in the Territorial Defense Forces of the Armed Forces of Ukraine. For various reasons they were not ready to serve in combat brigades of the UGF (Ukrainian Ground Forces) and other types of the Armed Forces of Ukraine; 
2022 May 19 Thursday, 22:47
David Sheppard, The Financial Times, 04.11.2021Европу охопила газова криза. Ціни злетіли майже вп’ятеро вище, ніж торік, що сильно загрожує відновленню економіки після пандемії у Великій Британії та Евросоюзі. Запаси газу є настільки низькими, що зима, навіть трохи холодніша, ніж зазвичай, може призвести до суттєвого скорочення постачання газу для промисловості, а домогосподарства вже переплачують за газ.   Европа є одним із континентів, які найбільше залежать від газу — він використовується для постачання п’ятої частини її енергоносіїв — але більшість поставок надходить із-за меж Евросоюзу, зокрема, з Московії. Деякі европейські політики та галузеві аналітики звинувачують Владіміра Путіна в обмеженні поставок і запасів газу до Европи в останні місяці як у засобі тиску на цей континент, з метою щоби Европа врешті затвердила новий газопровід.   Президент Московії каже, що ці звинувачення є «політично вмотивованим шарлатанством», але більшість аналітиків вважають, що навмисно низькі поставки газу з Московії є основним фактором. Европа також переймається змінами на газовому ринку та конкуренцією з боку інших континентів, і водночас молиться про м’яку зиму. ДОМІНАЦІЯ МОСКОВІЇ Після розпаду Радянського Союзу більшість газу Московії до Европи надходила через існуючу ГТС (газотранспортну систему) в Україні [збудовану ще в 1950-1960-х роках для викачування українського газу до Московії -- прим. Radio Lemberg].   У 1990-2000-х роках "Газпром", державний монополіст-експортер Московії, почав диверсифікувати свою газову мережу, щоби зменшити свою залежність від сусідів [від України -- прим. Radio Lemberg], прокладаючи новий газогін "Ямал" через Білорусь та Польщу.   Довготривала напруженість між Московією й Україною загострилася в 2014 році, коли Москва анексувала Кримський півострів. Московія продовжила будувати газогони в обхід України — крок, який, як вважають у Києві та багато
2021 December 21 Tuesday, 21:04
Michael MacKay, Radio Lemberg, 12.02.2021 The Russian Federation tries out its hybrid warfare against Ukraine before deploying it against the United States. Disinformation attacks are honed against Ukrainians first because they’re a tougher target, inured to centuries of Russian imperialist aggression. Americans are a secondary target, more vulnerable because they have less experience of the depravity of Chekist violence. This is the way it was with the Russian response to two great democratic events in the life of Ukraine and the USA: the EuroMaidan revolution and the 2020 Presidential election. Kremlin information warfare mounted a massive disinformation campaign against these seminal moments. In Ukraine, Putin at war said that “Maidan was a coup!” In the USA, the campaign was “Stop the steal!” Disinformation lies at the heart of Russian attacks on Ukraine’s Revolution of Dignity and on America’s 2020 election. The Revolution of Dignity of 2013-14 was a genuine expression of the will of the Ukrainian people. But Russian information warfare outlets falsely called Maidan (as it was also know) a “coup.” Putin launched a massive disinformation campaign using the slogan “Maidan was a coup!” to justify his invasion of Ukraine. The early months of the invasion by the Muscovites were characterized by organized mobs seizing Ukrainian public buildings. The false front for these mobs were that they were made up of “anti-Maidan” protesters.The 2020 Presidential election was a genuine expression of the will of the American people. Calling the 2020 U.S. election “stolen” is false. But “Stop the steal!” became a Russian-backed disinformation effort to instigate the 6 January 2021 insurrection in Washington, D.C.. The false front placed on the mob organized to attack the Capitol was that it was a defence of the “real winner” of the election,
2021 February 12 Friday, 22:35
Michael MacKay, Radio Lemberg, 20.01.2021   The political career of Trump was crafted as an act of war by the Russian Federation against the United States, from beginning to end.   The Russians modelled this active measure on the one they first used with Yanukovych in Ukraine. Everything the Russians do through their agent Trump in the U.S. they tried first using their agent Yanukovych in Ukraine. Understanding what the Russians do in their war against the Ukrainian people gives insight into what they’ll do in their war against Americans.   In the end, Yanukovych escaped justice. He has never been punished for the crimes and treason he committed against the Ukrainian people. If Americans are unwise they’ll let Trump go unpunished for the terrible things he’s done to them and to their democracy. They will then have a similar fate to the one Ukrainians have endured.   Trump and Yanukovych are both past their peak of usefulness to the Russians. But useful they were, for the treachery of these two men helped expand the war the Russian Federation is fighting against Ukraine into a global war.   The crimes and treason of Yanukovych stretch over a long period. 2014 was their peak.   The greatest crimes of Yanukovych were ordering the Maidan Massacre and stealing billions of dollars from the Ukrainian state. The greatest treason was appealing to Putin to invade Ukraine and being the figurehead for Moscow’s war.   In January 2014, Yanukovych rammed the “dictatorship laws” through the Verkhovna Rada, Ukraine’s parliament. He sent the Berkut riot police, Internal Ministry troops, and organized gangs of thugs known as “titushki” to attack Ukrainians protesting in the centre of Kyiv. They were protesting for a better life, free of corruption, and for Ukraine to reach its rightful place in Europe and the West.   In February 2014,
2021 January 20 Wednesday, 09:08