Friday, 12 December, 2025
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Friday, December 12, 2025 12:04 AM
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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

ECB has new plan to boost Europe’s global influence

The European Central Bank is hatching a plan to boost the use of the euro around the world, hoping to turn the world’s faltering confidence in U.S. political and financial leadership to Europe’s advantage.

Why Davos isn’t crying for Argentina

Nearly two years ago, Argentina’s newly appointed punk-haired President Javier Milei stood up on a podium in front of global elites in Davos and accused them of letting their societies drift into

Has Bulgaria gamed its inflation numbers to qualify for the euro?

SOFIA — Has Bulgaria slashed key state-controlled prices to massage down inflation numbers and help it qualify for euro membership? In April, the country announced (rather surreptitiously) a highly unexpected 82.8 percent

Bulgaria won’t ‘do a Greece’ when it joins eurozone, central bank chief promises

SOFIA — Bulgaria’s central bank governor expects the country to keep its political and fiscal discipline, even as its entry into the eurozone transforms its ability to borrow. “Fiscal discipline has been

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