Finance
The following is the June 19, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. The Group of Seven (G7) leaders confirmed on June 13 a plan to provide Ukraine with a $50 billion loan by the end of the year, to be repaid using interest from approximately $300 billion of Russian Central Bank assets frozen after the invasion in 2022. How will it work? Well, the details of the agreement — including who will fund the loan and how the money will be spent — are still being finalized with li...
Kyiv Independent (CA)
The following is the June 19, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. The Group of Seven (G7) leaders confirmed on June 13 a plan to provide Ukraine with a $50 billion loan by the end of the year, to be repaid using interest from approximately $300 billion of Russian Central Bank assets frozen after the invasion in 2022. How will it work? Well, the details of the agreement — including who will fund the loan and how the money will be spent — are still being finalized with li...
Kyiv Independent
The following is the June 19, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. The Group of Seven (G7) leaders confirmed on June 13 a plan to provide Ukraine with a $50 billion loan by the end of the year, to be repaid using interest from approximately $300 billion of Russian Central Bank assets frozen after the invasion in 2022. How will it work? Well, the details of the agreement — including who will fund the loan and how the money will be spent — are still being finalized with li...
Kyiv Independent (UK)
Upstart German populist political party Alliance Sahra Wagenknecht (BSW) is expecting millions in tax funding for upcoming campaigns after making a strong debut in the European Parliament elections. "We expect to receive around €2.75 million ($2.94 million) from partial state funding for our successful performance in the European elections," BSW treasurer Ralph Suikat told the Spiegel news magazine. That money is expected to flow in 2025. In the European Parliament elections earlier this month, the BSW received about 6.2% nationwide, a total of around 2.45 million votes. The party's namesake f...
DPA
Upstart German populist political party Alliance Sahra Wagenknecht (BSW) is expecting millions in tax funding for upcoming campaigns after making a strong debut in the European Parliament elections. "We expect to receive around €2.75 million ($2.94 million) from partial state funding for our successful performance in the European elections," BSW treasurer Ralph Suikat told the Spiegel news magazine. That money is expected to flow in 2025. In the European Parliament elections earlier this month, the BSW received about 6.2% nationwide, a total of around 2.45 million votes. The party's namesake f...
DPA International
Upstart German populist political party Alliance Sahra Wagenknecht (BSW) is expecting millions in tax funding for upcoming campaigns after making a strong debut in the European Parliament elections. "We expect to receive around €2.75 million ($2.94 million) from partial state funding for our successful performance in the European elections," BSW treasurer Ralph Suikat told the Spiegel news magazine. That money is expected to flow in 2025. In the European Parliament elections earlier this month, the BSW received about 6.2% nationwide, a total of around 2.45 million votes. The party's namesake f...
DPA Breaking News
Luxembourg (AFP) - Le ministre français de l'Economie, Bruno Le Maire, a promis vendredi de réduire le déficit public du pays à 3% du PIB en 2027 en cas de victoire aux élections législatives, après avoir été épinglé par Bruxelles sur ce sujet. "Il faut rétablir les comptes publics (...) C'est exactement ce que nous faisons et, en fonction des décisions qui seront prises par le peuple français, nous retournerons sous les 3% de déficit en 2027", a déclaré Bruno Le Maire, lors d'une réunion des ministres des Finances de l'UE à Luxembourg. La Commission européenne a ouvert la voie mercredi à des ...
AFP (Français)
By Lucie LEQUIER Londres (AFP) - La Banque d'Angleterre (BoE) a maintenu jeudi, comme attendu, son taux directeur inchangé, malgré une inflation britannique revenue à son objectif, l'institution voulant s'assurer de hausses de prix durablement faibles, dans un contexte d'élections législatives au Royaume-Uni début juillet. "C'est une bonne nouvelle que l'inflation soit retournée à notre cible de 2%", a jugé jeudi le gouverneur de la banque centrale britannique, Andrew Bailey, mais "nous devons nous assurer que l'inflation restera faible et c'est pour cela que nous avons décidé" de laisser le t...
AFP (Français)
The European Commission is worried about the impact of using artificial intelligence (AI) in banking, insurance and securities markets, according to a consultation issued today (18 June). The EU has just passed a sweeping AI Act, becoming the first jurisdiction in the world to legislate to make the emerging technology safe and non-discriminatory. But officials are now asking if there's more guidance needed to make the rules fit into finance – a field that’s already subject to tough regulatory requirements, and where the cost of getting it wrong could be high. “The EU's AI Act and existing fina...
Euronews (English)
Vienne (AFP) - Le dénouement est sans surprise mais la méthode peu commune: Marlene Engelhorn, la millionnaire et militante autrichienne d'une meilleure taxation des plus riches, va redistribuer son héritage de 25 millions d'euros à plus de 70 organisations choisies par un collectif de 50 citoyens. Environnement, santé, aide aux demandeurs d'asile, lutte contre les inégalités: "le résultat est aussi varié que le Conseil lui-même", a résumé lors d'une conférence de presse mardi à Vienne Alexandra Wang, qui a chapeauté le projet. Les initiatives ont une mission "commune: tendre vers une société ...
AFP (Français)
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