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Business leaders and politicians pledge to help rebuild Ukraine
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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.
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.
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.
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".
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.
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.
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.
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.
Weaning Europe off COVID bailouts will be a tough balancing act | View
Now is the time to consider how to roll back support when the opportunity presents itself, say Ivan Mikloš and Soňa Muzikárová.
'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.
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.
Greenpeace threatens legal action over Dutch aid to KLM airline
The NGO says financial support to KLM is not accompanied by sufficient climate conditions.
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
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
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.
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.
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.
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.
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
No EU fatigue towards helping Ukraine, says Mogherini
The European Union continues to support Kiev with aid and Russian sanctions, says the bloc's foreign policy chief Federica Mogherini.