EU coronavirus aid package won't fail because of Germany – Merkel

03/11/2020

BERLIN, March 11 (Reuters) – The European Union’s fiscal monitoring framework has enough flexibility built in to cope even with extraordinary situations like the coronavirus epidemic, for Italy as well as Germany, Chancellor Angela Merkel said on Wednesday. Italy, the country worst-afflicted by the epidemic […]

No plans to shut UK parliament despite positive coronavirus test

03/11/2020

LONDON, March 11 (Reuters) – Britain’s parliament has no plans to shut over coronavirus, a spokeswoman said on Wednesday, after a minister tested positive for the virus and another lawmaker was advised to stay at home as a precaution. Junior health minister Nadine Dorries said […]

Stocks gain after emergency BoE cut adds to stimulus hopes

03/11/2020

LONDON (Reuters) – European stocks rose on Wednesday after the Bank of England joined other central banks in cutting interest rates, raising hopes for more co-ordinated monetary and fiscal stimulus to counter the economic shock from the coronavirus outbreak. The surprise move from the BoE […]