European Union

EU Leaders Strike Deal On COVID-19 Stimulus Package

July 21, 2020 11:27 am

The 27 leaders of the European Union have struck a deal on a historic multi-billion-euro economic recovery package to curb the damage caused by the coronavirus pandemic.

The deal was reached after four draining days of negotiations at a Brussels summit.

Comprised of a 750-billion-euro ($855 billion) stimulus spending pot and a regular seven-year EU budget worth 1.074 trillion euros, starting from 2021, it is the largest such combined package ever agreed in the EU.

It will also see the European Commission raise debt on a large scale on behalf of member states for the first time.

“We did it,’’ …

COVID-19: EU Leaders To Hold Summit On Recovery Plan

April 23, 2020 7:31 am

European Union (EU) leaders will hold a video summit on Thursday in a bid to agree on a shared fiscal response to a recession looming as a result of the coronavirus pandemic, though there is little hope of a breakthrough.

The best-case scenario would be for national leaders to agree on the broad of strokes of a long-term recovery plan, according to an EU official, while clarity on a strategy is likelier to emerge by June or July.

National leaders are expected to approve a 540-billion-euro (584 billion dollars) aid package already negotiated by their finance ministers to support jobs, …

Ihedioha vs Uzodinma: TFM To Report Supreme Court To UN

March 4, 2020 6:26 am

A coalition of leaders of conscience in the country, under the aegis of the Third Force Movement in Nigeria has vowed to drag the Supreme Court of Nigeria to the United Nations, UN, United States of America, United Kingdom, African Union, European Union among others, over its refusal to review the judgment that sacked Emeka Ihedioha of the Peoples Democratic Party, PDP, as the Imo State Governor.

The coalition faulted the court, saying its decision has cast serious doubt over the integrity and sanctity of the Nigerian Judiciary.

This was contained in a statement issued on Tuesday night, hours after

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