Bloomberg France is setting up a 4 billion-euro ($4.3 billion) package to help the country’s startups survive the coronavirus pandemic and maintain cash levels in between their fundraising. “Our goal is for startups to pass that crisis and then continue with their growth,” Digital Minister Cedric O said on Wednesday. “Startups represent between one-sixth and one-fifth of jobs created in ...

Bloomberg Germany took a step towards declaring a state of emergency to unlock a historic rescue package to cushion the blow of the coronavirus pandemic. Finance Minister Olaf Scholz urged lawmakers to open up constitutional debt limits to combat a crisis that threatens modern life. New borrowing of $169 billion, equivalent to half of the country’s normal annual spending, will ...

Bloomberg The biggest Nordic economy may be about to sink into its worst recession in living memory, with the fallout of the coronavirus likely to do more damage than the financial crisis of 2008. Gross domestic product will probably fall about 4% this year, Swedbank economists said in a new report on Wednesday. But the decline could be as bad ...