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Austria wants coronavirus suspension of EU rules on state aid
VIENNA (Reuters) – Austria said on Monday it wants the European Union to suspend its rules on state aid so that Vienna can prop up companies during the coronavirus pandemic without having to seek permission from Brussels. Austria is one of the self-described ‘frugals’ within the bloc, net contributors to the EU budget that eventually […]
Spain plans keeping borders closed until July: government sources
MADRID (Reuters) – Spanish authorities are planning to keep borders closed to most travellers from abroad until July, two foreign ministry sources said on Wednesday, in a move to try and avoid a second wave of contagion from the coronavirus. Land borders with France and Portugal have been closed since a state of emergency was […]
Courting startups: Singapore lines up funding to boost IPOs
SINGAPORE (Reuters) -The Singapore government on Friday unveiled a S$1.5 billion ($1.1 billion) fund as part of a package to attract listings to the city-state’s stock exchange, aiming to boost its exposure to the region’s booming tech sector.Slideshow ( 2 images )The co-investment fund of the government and state investor Temasek will provide late-stage private […]