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BUDAPEST (Reuters) - Hungary will close entertainment venues and impose a night-time curfew to curb a fast spread of coronavirus infections, Prime Minister Viktor Orban said in a video posted on his official Facebook page on Wednesday.
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Orban said the government would introduce a “special legal order” giving it the power to rule by decree and would ask parliament to approve this for a period of 90 days.
“If we stick together and honour the rules then the current restrictions are sufficient and there will be no need for further measures,” Orban said in the video.
During the first wave of the pandemic, Orban sought open-ended special powers, facing accusations from human rights groups and opposition parties of making a power-grab which his government denied. In June, parliament revoked the special powers as the pandemic ebbed.
A stagnant economy, sanctions and low oil prices are the standard risk factors that Russian companies hoping to go public tend to flag to investors. But for Fix Price, they are part of the allure. The company, which could be worth $9 billion, is a bet on the country’s stagnant.
By Reuters Staff
(Adds background, details on financial aid)
MADRID, Feb 15 (Reuters) - Spain plans to approve a new aid package to bolster the finances of companies hit by the coronavirus pandemic in March, Economy Minister Nadia Calvino told reporters in Brussels on Monday.
The package will take the form of direct payments to companies considered viable but which are struggling financially because of the pandemic, Calvino said.
“What we are doing is trying to identify those companies that were fundamentally viable before the pandemic hit and whose solvency has been weakened as a result of the sharp drop in activity,” she said.
The number of people in Ireland claiming temporary coronavirus-related jobless benefits fell for the first time since strict COVID-19 curbs were re-introduced in late December, dropping 0.8% week-on-week to just under 478,000.
Credit Agricole offering 737 mln euros for Creval Deal to benefit from tax breaks to spur corporate tie-ups (Adds official statement)
ROME, Feb 15 (Reuters) - Italy has given a green light to the takeover bid Credit Agricole Italia plans to make for small lender Credito Valtellinese (Creval), the French bank’s Italian arm said on Monday.
The offer by the Italian division of France’s Credit Agricole needed approval by the Rome government, which reserves the right to block unwanted bids in strategic industries such as banking, telecoms and health.
The Rome government has decided not to exercise the special powers granted by the so-called “golden power” regulations in relation to the planned takeover offer over Creval, Credit Agricole Italia said in a statement after two sources had anticipated the news to Reuters.