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...“I think that if this is done in a transparent way, it would not put the EIB’s credit or ESG ratings at risk....
...Crucially, the option would not require guarantees from all the EU’s 27 member states, as long as the main participants included countries with top credit ratings....
...The investment boom covers the first year since the Biden administration passed the Inflation Reduction Act and the Chips And Science Act, which offer more than $400bn in tax credits, loans and subsidies...
...The report said government spending on the state pension, pension credit and winter fuel payment was expected to be £132bn in 2023-24, or 5.1 per cent of national income....
...We start today with Joe Biden’s plans for tonight’s State of the Union address....
...It’s also worth watching California, where a bill requiring some companies to buy removal credits passed the state senate last year but has not yet been signed into law....
...Joe Biden was in the spotlight this week as he made his annual State of the Union address....
...Students at Munich’s technical university are able to take part in programmes at UnternehmerTUM as part of their degrees, where they are able to receive the same amount of credits as for an academic course...
...Representatives from the US state department and from the kingdom’s energy ministry did not respond to a request for comment....
...“At the same time, a lot of state aid has gone into them and yet many plants are idle or falling apart. We want to know where this public money has gone,” she added....
...Both union and corporate leaders credit the system with a low level of strikes and believe it is crucial for the success of Sweden, a country of 10mn people and home to manufacturers such as Volvo Cars,...
...Fitch downgraded France’s credit rating in April, citing the risks of high government debt and opposition to Macron’s reform agenda....
...The government is also loosening some of the conditions to access state-subsidised interest-free credit on a portion of a mortgage, a scheme that costs the state €800mn a year....
...This is the challenge that the projects of Banking Union and Capital Markets Union are supposed to address but so far have not. The single market is also incomplete in its political functions....
...Or the Union for the Mediterranean, launched in 2008?...
...credit of the commission, [and its president] Ursula von der Leyen,” said Merz....
...Italy has used nearly €14bn of its recovery funds to partially finance a tax credit scheme for building renovation, which has a total price tag of €100bn to date....
...Joe Biden will try to stamp out doubts about his re-election prospects in his State of the Union speech on Thursday, while laying out the choice facing American voters in this year’s presidential race....
...They are offering tax credits. I understand that it’s different country by country [in the EU]. It’s also different state by state in the US, but they figured out how to do it.”...
...Extreme weather risked causing “reduced tax revenues, increased government expenditure, lower credit ratings and increased cost of borrowing”, it added....
...between core bloc countries and other member states....
...China’s “credit impulse” — the change in the flow of credit — was a “headwind for growth for much of the last year” but has now moved back into positive territory, BofA’s analysts said....
...Greece’s credit rating was lifted to investment-grade status in September for the first time 13 years, underlining the country’s economic recovery....
...Officials also said Rome should have used the 1 per cent of GDP saved from ending energy subsidies to pay down debt instead of funding green tax credits....
...Joe Biden delivered a fiery State of the Union address on Thursday, as he hit concerns about his age and vitality head-on. And make no mistake: that was a campaign speech....
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