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Health Secretary Matt Hancock this morning said it is too soon to lift the lockdown social distancing rules in the UK.more

The German federal government, as part of the new assistance package, will increase the amount of funds paid to persons covered by the abridged work program in connection with the Covid-19 pandemic. Tax breaks for gastronomy and a fund for equipping students with computers were also planned.more

Economic research and indicators, released today before the virtual EU summit, make up the forecast for an unprecedented recession in European economies, reports the Associated Press, citing experts.more

The British government plans to sell more bonds over the next three months than previously planned for the entire financial year to finance a sharp increase in public spending on coronavirus.more

The UK will have to live with some disruptive social measures for at least the rest of the year, the government's chief medical adviser has said.more

6 out of 10 companies recorded a decrease in revenues in mid-April, and 11 percent companies report that they lack the funds to survive the month - according to a study carried out on Wednesday commissioned by the Polish Institute of Economics and the Polish Development Fund. Microfirms are in the most difficult situation.more

Due to the coronavirus, more than half of Poles have already felt and expect a further decline in income. Therefore, it limits purchases or suspends expenses - according to a consumer mood survey conducted by McKinsey.more

Locking millions of people in their homes will cause a gigantic social shock; especially hits those who did not have financial reserves - announces the latest issue of the newspaper "Le Monde".more

The oil price will stay low for some time as supply exceeds demand and the current situation on global oil markets is reminiscent of the 1980s oil glut, former BP boss Lord John Browne said on Tuesday.more

French restaurants are at risk of death and should be opened as soon as possible - 17 well-known chefs associated in the College Culinaire de France association wrote to President Emmanuel Macron.more

The Bank of England (BoE) said today that British commercial banks should use their significant liquidity reserves to support the economy in fighting the effects of the coronavirus crisis. The bank announced that it would not enforce penalties for such practices.more

Boris Johnson has told colleagues his concerns that relaxing lockdown measures too soon could lead to a second outbreak of coronavirus.more

More than 40,000 people in the U.S. have been killed by the coronavirus since the outbreak began, according to Johns Hopkins University. Nearly 800,000 cases of COVID-19 have been reported in the U.S.more

Wholesale companies normally only deal with restaurants, food retailers and leisure attractions, but have now started to offer their products to individual shoppers, as a result of a dramatic decrease in demand from their usual clientele.more

The White House unveiled new guidelines for states and localities on lifting coronavirus-related restrictions on citizens and businesses, as President Trump looks to bring the nation's focus toward reigniting an economy battered by efforts to stop the spread of COVID-19.more

"The Chamber of Commerce and Industry of Ukraine estimates that the unemployment rate in Ukraine is 13.7-15.4%. This is the highest figure in the last 15 years," the President of the Chamber Hennadii Chyzhykov said. more

Romanian workers are being flown in to help feed Britain amid a continuing recruitment crisis in the agriculture sector.more

Empty cabins and restaurants, partly filled cargo spaces. This is today's picture of the ferry market in the UK and beyond.more

The government has given formal approval for the HS2 project to begin its construction phase.more

Seven out of ten companies are worried about their liquidity, yet in the approach to collecting debts at the time of coronavirus they more often declare forbearance towards their contractors than increasing restrictions - results from a study commissioned by the Register of Debtors BIG InfoMonitor. more

41 more people have died from Covid-19 in Ireland bringing the overall death toll to 406. 548 more cases of the coronavirus have also been diagnosed in the Republic. In addition, a further 284 cases of Covid-19 were confirmed from the backlog of tests at the laboratory in Germany.more

A forecast by the UK's tax and spending watchdog suggests the coronavirus crisis will have "serious implications" for the UK economy, Chancellor Rishi Sunak has said.more

The International Monetary Fund has today estimated that the global economy is likely to undergo a deepest collapse since the Great Depression of the 1930s following the 1929 stock market crash following a coronavirus pandemic.more

As a result of restrictions introduced due to coronavirus, the UK economy may shrink by 35% in the second quarter of this year, and the unemployment rate may rise to 10%. - assessed today the Office of Budgetary Responsibility (OBR). more

As a result of the coronavirus epidemic and the resulting restrictions, British GDP may fall by 25-30 percent in the second quarter of this year. - warned colleagues from the government Minister of Finance Rishi Sunak, revealed the Times.more