Best Reads

“Spain’s government on Tuesday announced a package to pump €200 billion into the economy to counteract the effects of coronavirus, and the prime minister warned of “very tough days” ahead.” –  by Cristina Gallardo

“But depending on how much additional stress the pandemic puts on the financial system in the next two quarters, Chorazak said banking regulators could feel compelled to dial back their expectations for planning progress.” – by Jon Hill

“We have changed the rules on foreign investment to prevent companies from non-EU countries from taking control of strategic Spanish companies,” Prime Minister Pedro Sanchez said on Tuesday…” – by Jesús Aguado and Belén Carreño

“The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook. In light of these developments, the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent. “

“The Budget takes place against the backdrop of the global outbreak of COVID-19. The fundamentals of the UK economy are strong and the government is well prepared to protect people’s health and support their economic security throughout this period of temporary economic disruption. The Budget sets out a plan to support public services, individuals and […]

“The UK government is being urged to fill a gap in its domestic investment management industry by creating a new onshore fund structure for real estate and infrastructure investors.” – by Richard Lowe

“Asset owners say they expect that the European Union’s recently announced “Green Deal” will provide them with a clearer framework to evaluate, measure and participate in sustainable investment opportunities, which are set to increase under the ambitious package.” – by Paulina Pielichata

“None of Varadkar, Sinn Féin’s Mary Lou McDonald, Fianna Fáil’s Micheál Martin or the Green Party’s Eamon Ryan secured anything close to the number of votes required to be elected Taoiseach and win the mandate to form a government.” – by Colin Gleeson

“Intesa Sanpaolo, Italy’s biggest domestic lender, has launched a €4.86bn ($5.26bn) takeover bid for its rival UBI Banca in an audacious attempt to kick-start consolidation in Italy’s fragmented banking sector.” – by Stephen Morris, Arash Massoudi and Laurence Fletcher

“Some large property investors are “concerned” about Sinn Féin’s housing policies, but other industry leaders think stability is the most important aspect of a government regardless of who is power.” – by Brian Mahon