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coronavirus

Eurozone bank tries to ease coronavirus

The European Central Bank (ECB) has announced steps to tackle the economic impact of the coronavirus outbreak. It is offering cheap loans to commercial banks to encourage them to lend to small businesses. It is also expanding its…

Budget virus plan ‘substantial’ but

The Budget measures to tackle the coronavirus are substantial, but limited, according to the Institute for Fiscal Studies (IFS).The IFS gave its assessment the day after the chancellor announced a £12bn package to mitigate the economic…

Coronavirus: Europe ramps up support

European authorities are increasing efforts to try to stave off the economic effects of coronavirus. The European Union (EU) will put a package of measures in place including a €37bn euro (£33bn) investment initiative. And German finance…