May 04, 2020
Vestager: German Bailouts Can Help Keep EU Economy Afloat
Germany’s massive domestic bailouts could help the rest of the European Union economy to survive the pandemic even as it outspends nations with less firepower, according to the bloc’s antitrust...
May 03, 2020
EU Clashes Over State Aid Distribution
Brussels plans for a further relaxation of its rules on State aid have been caught up in an increasingly hard-fought pan-European debate over whether deeper-pocketed member States are gaining an...
May 01, 2020
Next-Gen Debit Steps Up
Among the fascinating findings in PYMNTS’ ongoing surveys of Main Street SMBs during the pandemic is this: A majority of small businesses that did not apply for government bailouts simply...
April 30, 2020
Coronavirus and the EU State Aid Framework
Tom Coates (Blackstone Chambers) The coronavirus pandemic has ushered in an era of government spending on a scale not seen since the financial crisis. The Chancellor has so far announced...
April 28, 2020
PPP Is No Panacea, But Is Crucial To SMB Outlook
From the ongoing saga that is the Payroll Protection Program (PPP), we’ve quickly learned that $349 billion is just a down payment on a revivified U.S. business sector. And, with...
April 26, 2020
Competition Policy After COVID-19
By Ismael Beltrán Prado (Colombian Competition Authority)1 We are saturated with COVID-19 related news and articles. It is impossible not to think about how to manage this emergency and...
April 23, 2020
Cooperman: COVID-19 Could Change Capitalism Permanently
After previously indicating that he supported increased tax rates but was against a wealth tax concept, billionaire investor Leon Cooperman said in a televised interview that the coronavirus emergency will...
April 21, 2020
EU Says Tourism Sector Could Slide 70 Pct. From COVID-19
Europe’s $849 billion annual tourist industry is taking a beating as visitors heed stay-at-home orders around the globe amid the COVID-19 pandemic. Thierry Breton, the European Union’s (EU) commissioner for internal...
April 16, 2020
SMBs Scramble For Cash As PPP Runs Dry
As lawmakers battle over how the next round of bailout money for small businesses should be spent, the president and CEO of Atlanta’s Federal Reserve Bank said up to $500...