EU asks governments to tweak tax rules to keep ‘European dream’ alive
BRUSSELS ― The European Commission wants EU governments to provide citizens with simple and transparent digital accounts for investing their…
Category: Banks
Brussels eyes loophole to isolate Hungary, send billions in Russian assets to Ukraine
BRUSSELS — Hungarian Prime Minister Viktor Orbán is standing in the way of the EU’s plan to seize €140 billion…
Germany backs EU’s ‘creative’ plan to send frozen Russian cash to Ukraine
BRUSSELS — Brussels has won a powerful backer in its controversial push to send billions of euros of Russian frozen state…
EU wants to bring forward date for ending Russian gas imports
BRUSSELS — The European Commission plans to eliminate all purchases of Russian liquified natural gas by 2026 — a year…
G7 needs ‘decisive’ action to end Ukraine war, Canadian finance chief says
COPENHAGEN — The G7 is seeking to move from “incremental” to “decisive” actions to end Russia’s invasion of Ukraine, Canadian…
UK proposes using billions in frozen Russian cash for Ukraine loans
COPENHAGEN — The British government is considering funding a new wave of loans to Ukraine with billions of pounds of…
ECB keeps rates unchanged as economy steadies
The European Central Bank left its key deposit rate unchanged at 2 percent on Thursday, as new forecasts pointed to…
ECB Lagarde: EU must close stablecoin loophole
The European Union needs to close a loophole in its legislation governing stablecoins or risk importing a major risk to…
1 in 5 Europeans will retire in poverty without urgent reform, EU watchdog warns
Poverty in old age will be the norm for a large chunk of Europe’s population unless current retirement policies undergo…
ECB bets on barnstorming start for digital euro
The European Central Bank is preparing for its new digital version of the euro to take the payments market by…