Bloomberg Italy’s government will have to plan for additional borrowing this year to protect businesses and families from the fallout of Russia’s invasion of Ukraine, Agriculture Minister Stefano Patuanelli said. “I think extra deficit spending today is more than justified and I believe it is necessary,” Patuanelli said in an interview on Radio 24. He added that the Cabinet ...

  Bloomberg The EU is discussing a ban on exports of luxury vehicles worth more than 50,000 euros ($54,760) to Russia as part of its latest sanctions package, according to two diplomats familiar with the plan. The proposed ban, which is set to be approved and could still change, would apply to models from several European car brands. , including ...

  Bloomberg Poland will prolong measures aimed at cushioning the impact of rising cost of gasoline and food on consumers, Prime Minister Mateusz Morawiecki said, as the country battles the highest inflation in more than two decades. The economy will need to bear the cost of sanctions against Russia, Morawiecki said, after the war in Ukraine led to a surge ...