EU Proposes Joint Borrowing to Finance €400 Billion Crisis Tool
The European Union's executive branch's new budget instrument for the period 2028-2034 would provide loans to countries so they can react faster to adverse events, said the people, speaking on the condition on anonymity. Brussels told member states that it would borrow money on their behalf to raise money for the instrument, they said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Washington Post
6 minutes ago
- Washington Post
French authorities investigate if Jewish passengers were removed from flight due to religion
PARIS — French authorities are trying to establish whether a group of young French citizens were removed from a plane bound for Paris from Spain this week because they are Jewish. The airline, Vueling, has denied the claims. Several dozen French passengers on Wednesday were kicked off a flight leaving the Spanish city of Valencia for Paris, for what Spanish police and the airline described as unruly behavior.
Yahoo
34 minutes ago
- Yahoo
Report – Inter Milan To Hit ‘Net Spend Ceiling' With €45M Bid For Atalanta Talisman
Inter Milan will reportedly hit their 'net spend ceiling' with a €45 million bid for Atalanta forward Ademola Lookman. This according to today's print edition of Rome-based newspaper Corriere dello Sport, via FCInterNews. It has already been a busy summer for Inter Milan. The Nerazzurri have made a total of three signings so far. They've brought in the likes of Petar Sucic, Luis Henrique, and Ange-Yoan Bonny. These deals set Inter back a total of around €60 million. And that has been without funding them with major sales. Aleksandar Stankovic left for Club Brugge this week. And Tajon Buchanan will soon follow Stankovic out the exit door, joining Villarreal. These sales will earn Inter around €18 million in total. However, Inter are also working on an ambitious deal for Atalanta forward Ademola Lookman. La Dea rejected Inter's opening bid of €40 million. However, the Nerazzurri will reportedly raise their offer to around €45 million this week. Inter Milan Hit 'Net Spend Ceiling' With €45M Ademola Lookman Bid BERGAMO, ITALY – APRIL 13: Ademola Lookman during the Serie A match between Atalanta and Bologna at Gewiss Stadium on April 13, 2025 in Bergamo, Italy. (Photo by Pier) But if Inter Milan are to pay a fee in the region of €45 million to bring in Lookman, that will see them hit a ceiling, reports Tuttosport. That does not mean that the Nerazzurri will not be able to make any more signings. However, it will become necessary for Inter to finance incoming deals with fees from sales. Therefore, if Inter are to go after other big targets like Giovanni Leoni, they will have to make sales first.
Yahoo
34 minutes ago
- Yahoo
Inter Milan Haven't Given Up On Signing Parma Star – But Must Make Sales First
Inter Milan have not given up on signing Parma defender Giovanni Leoni, but will have to make sales first to do so. This according to today's print edition of Rome-based newspaper Corriere dello Sport, via FCInterNews. For the last several weeks, Inter have been heavily linked with Parma defender Giovanni Leoni. Reportedly, the 19-year-old is the player the Nerazzurri see as ideal for the long-term future of their defense. Furthermore, the fact that Leoni had worked with coach Cristian Chivu last season has further bumped him up Inter's list of targets. However, the price tag for Leoni would be quite high. Reportedly, Parma are holding out for as much as €40 million to sell the teenage defender. Inter Haven't Given Up On Giovanni Leoni – But Must Make Sales First PARMA, ITALY – DECEMBER 01: Giovanni Leoni of Parma Calcio during the Serie A match between Parma and SS Lazio at Stadio Ennio Tardini on December 01, 2024 in Parma, Italy. (Photo by) That high price tag could be a big problem for Inter. The Nerazzurri have already invested in the signings of Petar Sucic, Luis Henrique, and Ange-Yoan Bonny this summer. Moreover, Inter are reportedly ready to spend big to bring in Ademola Lookman from Atalanta. Therefore, the Nerazzurri can hardly just continue spending indefinitely. They would have to bring in more cash from players in order to fund a move for Leoni. Inter have already brought in a total of around €18 million by selling Aleksandar Stankovic and Tajon Buchanan. However, these are far from enough to finance a move for Leoni. Parma are hardly going to go below €35 million in their demands. According to the Corriere dello Sport, Inter are aiming to sell the likes of Mehdi Taremi, Kristjan Asllani, Sebastiano Esposito, and Tomas Palacios. If the Nerazzurri can collect a total of around €25-30 million from the sales of these players, then a deal for Leoni could be within reach, the newspaper anticipate.
