Tag: financial package

• Monday, March 30th 2020 - 07:22 UTC

  Germany does not discard another huge financial package to prop the economy

  

  Germany's 750 billion euro (US$834 billion) package to soften the economic impact of the coronavirus outbreak on Europe's largest economy will last for about two months, an independent economic think tank told a German newspaper group.

• Friday, October 4th 2019 - 09:55 UTC

  Ecuador will eliminate fuel subsidies and tighten the belt of public employees

  

  Ecuadorean President Lenin Moreno said that his government will eliminate subsidies for diesel and low-octane gasoline and create a new corporate tax as part of a package of measures to narrow the country’s fiscal deficit.

• Wednesday, April 17th 2019 - 09:40 UTC

  Brazil announces financial package to avoid a truckers' strike

  

  The government of Brazilian President Jair Bolsonaro announced on Tuesday a financial package aimed at staving off a potential truckers' strike. Chief of Staff Onyx Lorenzoni said the Brazilian Development Bank will be providing US$ 128 million in credit to truckers and that the Ministry of Infrastructure will spend US$ 514 million on improving roads.