Ticker
EU to ban bonuses for firms saved by state
By EUobserver
The EU Commission plans to ban paying executive bonuses at companies that have been rescued by a state share-buying program during the coronavirus crisis, the Guardian reports. The restrictions, which would include a ban on dividend payments and share buybacks, could be imposed on companies where the government has bought a stake in order to keep the business afloat. The planned proposal will have to be backed by the EU-27.