Friday, 12 December, 2025
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Friday, December 12, 2025 9:10 PM
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Debt

Billionaire tax won’t stop innovation in EU, insists economist Zucman

A minimum tax on the EU’s richest individuals will not discourage innovators and start-up founders from investing in the bloc, prominent economist Gabriel Zucman told POLITICO. “Innovation does not depend on just a tiny number of wealthy individuals paying zero tax,” Zucman said in an

France, Italy told they won’t be hurt by EU’s €210B megaloan to Ukraine

BRUSSELS — France and Italy can breathe a sigh of relief after the EU’s statistics office signaled that the financial guarantees needed to back a €210 billion financing package to Ukraine won’t increase

How Labour slashed overseas aid — and got away with it

LONDON — In February Britain’s cash-strapped Labour government cut international development spending — and barely anyone made a noise. The center-left party announced it would slice the country’s spending on aid down

France’s business leaders scramble to shape far right’s agenda as election looms

PARIS — France’s business community is rushing to make inroads with the National Rally, the far-right party tipped to win the Elysée Palace in 2027. Their goal is to establish a direct
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