Now playing Next Economy Hungary blocks €18 billion in aid for Ukraine and deepens rift with EU The approval of the €18 billion in financial aid for Ukraine requires unanimity among the 27 member states. 06/12/2022
Now playing Next Europe Decoded Ukraine's 2023 budget has a $38 billion gap. Who will help cover it? Russia's war has ravaged Ukraine's economy, prompting a drastic decline in revenues and forcing the country to ask for foreign assistance. 14/11/2022
Now playing Next Europe News Ukraine war: EU pledges €18 billion to cover Kyiv's budget gap The Commission says the money will be raised on capital markets and then sent to Kyiv in the form of favourable long-term loans. 09/11/2022
Now playing Next Europe News The EU promised €9 billion in financial aid to Kyiv. Where is it? The macro-financial assistance is meant to help Ukraine cover its budget deficit and keep its economy running. 07/11/2022
Now playing Next Germany Germany unveils new plan to tackle soaring energy costs Germany's government announced on Sunday a massive new aid plan aimed at tackling spiralling energy prices, with Scholz vowing no German will face the crisis "alone". 04/09/2022
Now playing Next Bulgaria Bulgaria approves plan to support companies from high energy prices Bulgaria had relied on Russia for 90% of its natural gas before Gazprom cut supplies in April. 16/05/2022
Now playing Next Europe Decoded The cost of Ukraine's reconstruction will eclipse the Marshall Plan Economic losses from the war could total up to $600 billion, including $100 billion alone to rebuild key infrastructure. 11/05/2022
Now playing Next Greece Greece unveils new state aid scheme to combat rising electricity bills Prime Minister Kyriakos Mitsotakis has expressed frustration that the European Union has not agreed on a joint response to the energy crisis. 05/05/2022
Now playing Next Money Finland is selling its €75 million Bitcoin stash to support Ukraine The Bitcoin will be auctioned off, with "tens of millions" in proceeds going to Ukraine. 28/04/2022
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Now playing Next United Kingdom 'It would be tragic to lose Eurostar,' says MEP, calling for bailout Eurostar has been calling for state bailouts and has stripped its services to the bare minimum, with just one return journey per day. 23/02/2021
Now playing Next United Kingdom UK economy suffers 'largest fall in output for 300 years', says Sunak The UK finance minister has told parliament that the economic emergency is only just beginning, as he outlines the government's spending plans. 25/11/2020
Now playing Next Netherlands Greenpeace threatens legal action over Dutch aid to KLM airline The NGO says financial support to KLM is not accompanied by sufficient climate conditions. 14/09/2020
Now playing Next world news Spain launches minimum income scheme for its most vulnerable families A quarter of a million Spanish households received their first support payment of up to €700 on Friday 26/06/2020
Now playing Next Greece Varoufakis: COVID-19 economic fallout could heap more misery on Greece "I very much fear that Greece will have the largest number of people who go hungry as a result of the economic dimension of this pandemic," Yanis Varoufakis tells Euronews 23/04/2020
Now playing Next Greece Europe 'should learn from Greece' in COVID-19 fight, says Papandreou George Papandreou said Greece is using the lessons of the financial crisis to deal with the pandemic. 23/04/2020
Now playing Next world news COVID-19: World economy in 2020 to suffer 'worst year since 1930s' The International Monetary Fund has given a bleak assessment in its World Economic Outlook briefing on COVID-19. 14/04/2020
Now playing Next France French student sets himself alight in 'despair' at financial crisis The student was in a “highly precarious financial situation, denied financial aid and desperate," student union Solidaires Etudiant-e-s Lyon said. 09/11/2019
Now playing Next Europe News Hungary tops EU anti-fraud investigations OLAF The EU's anti fraud agency, has released a report saying almost four percent of development funding destined for Hungary between 2014-2018 is in question - by far the highest percentage in the EU. 03/09/2019
Now playing Next Sudan Three billion dollar lifellne for Sudan Saudi Arabia and the United Arab Emirates say they will send 3bn dollars' worth of aid to crisis-torn Sudan 21/04/2019
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