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Croatia to pursue plan to join euro despite coronavirus, says central bank
ZAGREB (Reuters) – Croatia will continue with the next stage of its plan for adopting the euro despite any adverse effects of the coronavirus pandemic on the economy, the central bank said on Tuesday. Last July Croatia promised the European Central Bank and Brussels to implement reforms within a year which would win it approval […]
UniCredit CEO, Intesa Sanpaolo deputy chairman investigated in Alitalia case: document
ROME (Reuters) – The head of Italy’s biggest bank UniCredit and the deputy chairman of No.2 lender Intesa Sanpaolo are among 21 people investigated by state prosecutors in an inquiry into the bankruptcy of flagship carrier Alitalia, a document sent to the people and their lawyers showed. The document, seen by Reuters, said the investigation […]
Mexican president lashes out at companies over layoffs, taxes as big business seethes
MEXICO CITY (Reuters) – Mexico’s president threw himself into a new confrontation with businesses on Wednesday, accusing big companies of not paying taxes and upbraiding others for laying off workers during the coronavirus crisis. Relations between President Andres Manuel Lopez Obrador and corporate leaders have soured dramatically in recent weeks as discontent grows over his […]