The recent slack in the labor market brought on by containment measures prompted the government to unleash another round of...
News Category: Politics
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Korea: Government provides additional stimulus to support job retention -
Argentina: Government unveils debt restructuring proposal amid coronavirus crisis Following the government’s decision, in early April, to unilaterally postpone payments on USD 10 billion of foreign currency debt governed... -
Argentina: Government approves underwhelming stimulus package against coronavirus blow Amid a worsening economic environment due to the outbreak of the coronavirus pandemic and containment measures to contain its spread,... -
Hong Kong: Second additional round of fiscal stimulus approved in April; fiscal deficit now expected to reach a... The coronavirus pandemic and subsequent containment measures have hammered an already-battered economy, prompting the government to approve another round of... -
Ecuador: Government announces relief measures amid oil price and coronavirus shocks; external debt challenges mount Public finances were already tight before the outbreak of the coronavirus pandemic, which, combined with the crash in oil prices,... -
Colombia: Authorities roll out measures to mitigate economic impact from Covid-19 pandemic; credit rating downgraded amid increased risks... Since declaring a state of emergency on 17 March, the Colombian authorities have rolled out a wide set of relief... -
Poland: Government approves EUR 47 billion stimulus package to buttress economy against coronavirus blow On 30 March, Poland’s Parliament approved a PLN 212 billion (EUR 47 billion) stimulus package, including both wage support and... -
Hungary: Government announces relief measures to mitigate economic fallout from Covid-19 pandemic Over the course of March, the Hungarian government announced a series of policy measures to alleviate the economic fallout from... -
Germany: Government announces unprecedented fiscal aid package to combat Covid-19 In mid-March, the German government announced approximately EUR 1.1 trillion would be mobilized to combat the severe economic fallout of... -
Italy: Government approves EUR 25 billion stimulus package to shield economy from coronavirus blow In a bid to counteract the significant economic fallout from the coronavirus (Covid-19) pandemic, Italy’s government unveiled two stimulus packages...