As countries ramp up social distancing measures to combat COVID-19, the economic costs of the virus spiral and the G7 leaders have called on their central banks and finance ministers to take action to support economic and financial stability. In addition to cutting interest rates, introducing tax breaks or delaying tax collection are some of the measures available to help the economy. This (longer than usual) post profiles some of the fiscal measures that have been announced or implemented in Germany, Greece, France, Italy, the Netherlands, Spain and the UK.
