Bloomberg The European Union (EU) sued the UK for failing to recover illegal tax breaks doled out to multinational firms, in the second legal move against the former member state this week. Authorities still haven’t clawed back all of the 100 million euros ($119 million) in tax breaks aimed at luring multinational firms to the UK territory of Gibraltar, more ...

Bloomberg The French economy is weathering the Covid pandemic and government restrictions better than previously forecast, putting it on a path to stronger growth this year, the Bank of France said. Activity falls less than the central bank initially expected at the end of 2020 as household and business investment held up despite the lockdown in November. The central bank ...

Bloomberg Portugal will continue implementing measures to protect jobs as it eases confinement measures and tries to recover from the deepest slump in decades, Labor Minister Ana Mendes Godinho said. “Our top priority has been the protection of employment,” Mendes Godinho said. “We plan to continue to monitor and reinforce the measures that are needed to protect the income of ...