Germany s Scholz expects revolution in global tax rules within a few weeks reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Euro zone upbeat about recovery but wary of lagging behind China, US
Euro zone finance ministers were upbeat on Friday about the prospects of economic recovery from the pandemic-induced slump, but said Europe would have to work hard to avoid long-term economic damage and not to fall behind China and the United States.
“Things are looking very good in Europe … investment is rising and the growth forecasts are really well oriented,” French Finance Minister Bruno le Maire said on entering the ministerial meeting. “Everywhere in Europe growth is back.”
European Commission forecasts show the 27-nation EU will reach pre-pandemic growth levels around the middle of 2022, with some, like Germany and France already there at the end of this year and others, like Italy or Spain only at the end of 2022.
Germany s Scholz proposes climate club to avoid trade friction msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Euro zone finance ministers were upbeat on Friday about the prospects of the post-pandemic economic recovery, but said Europe would have to work hard to avoid long-term economic damage and not to fall behind China and the United States.