Eu Financial News

09.12 / 16:57

NATO Four linked to EU Parliament arrested amid suspicions of corruption involving a Persian Gulf state

Four people "active in the European Parliament" have been arrested amid suspicions of corruption involving "a Persian Gulf country".

09.12 / 15:35

European Union Conservative MP proposes bill to strip Prince Harry and Meghan of royal titles

A UK Conservative Party politician has said he is planning to introduce legislation that could potentially strip Prince Harry and Megan Markle, the Duke and Duchess of Sussex, of their royal titles.

09.12 / 13:47

Citi UK plans to ditch onerous EU retail fund rules ‘as matter of priority’

The UK government has set out how it plans to ditch EU regulation that require asset managers to produce documentation for retail fund investors, which the industry has for years claimed is misleading.

09.12 / 11:43

One dead after fire ravages one of Russia's biggest shopping centres

Emergency services suspect that a "criminal" act is behind a major fire at one of Russia's biggest shopping centres on the outskirts of Moscow.

09.12 / 10:55

Ukraine war: Pope Francis cries as he mentions the suffering of Ukrainians during public prayer

Pope Francis was moved to tears on Thursday while mentioning the suffering of Ukrainians during a traditional public prayer in central Rome.

09.12 / 10:55

Support Finland considers arms exports to Turkey in return for NATO membership support

Finland's defence minister Antti Kaikkonen on Thursday expressed hope that Turkey would promptly ratify his country’s NATO membership, claiming that Helsinki would consider granting arms export permits to Ankara on a case-by-case basis.

08.12 / 23:09

Climate change European Union French economy should stave off recession in 2022, predicts Bank of France

The French economy should avoid a recession at the end of 2022, the Bank of France forecast on Thursday.

08.12 / 17:17

BTC/USD Bitcoin Price Prediction Bitcoin Low Bitcoin Price Prediction as BTC Falls Below $17,000 – How Low Can it Go?

The BTC/USD pair is trading sideways, maintaining a narrow range of $16,750 to $16,900 on December 8, but Bitcoin price prediction remains bearish following the breakout of an upward channel.

08.12 / 17:05

Climate change European Union Austria blocks Schengen accession of Romania and Bulgaria, while Croatia gets green light

Austria has blocked the accession of Romania and Bulgaria into Schengen, the passport-free area that has abolished border checks between the vast majority of EU member states.

08.12 / 16:37

Climate change European Union US basketball star Brittney Griner released in Russia prisoner swap with 'Merchant of Death'

US basketball star Brittney Griner was released from a Russian prison on Thursday in a dramatic high-level prisoner exchange with an arms dealer nicknamed the "Merchant of Death".

08.12 / 16:09

Manufacturing Action U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China

The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”

08.12 / 15:59

Citi Continental Shell EU watchdog pushes bloc to get tough on City firms’ post-Brexit moves

National regulators across Europe are being urged to take a tougher line on City firms relocating after Brexit, as the bloc's markets watchdog finds more evidence that many are operating empty shells on the continent to meet new access rules.

08.12 / 15:23

Russian Oil-Price Cap Adds to Fiscal Pressure on Moscow

Fresh Western curbs on Russian crude sales might not affect Moscow’s public coffers immediately, but they add financial pressure that threatens the country’s sanctions-stricken oil industry and long-term ability to fund the war in Ukraine.

08.12 / 15:23

WTO EU Sues China in WTO Over Trade Retaliation on Lithuania

BRUSSELS—The European Union sued China in the World Trade Organization over punitive trade restrictions that Beijing imposed on Lithuania last year, harming the small Baltic state and the 27-country bloc.

08.12 / 14:29

Terrorism coup Germany bracing for 'second wave of arrests' in far-right 'coup plot' case

German authorities expect further raids and arrests in connection with an alleged plot to storm the parliament in Berlin and overthrow the government.

08.12 / 13:59

Blockchain Digital PayPal crypto push PayPal readies for EU crypto push with Luxembourg roll out

Customers can start by buying as little as €1 of cryptocurrency through PayPal. The move to Luxmbourg follows the introduction of the service two years ago in the US and expansion into the UK last year.Jose Fernandez da Ponte, SVP and GM, blockchain, crypto & digital currencies, PayPal, says: "Adding Luxembourg is an important step in PayPal’s mission to make digital currencies more accessible.

08.12 / 11:17

European Union How a year of Olaf Scholz has changed and shaped Germany

Olaf Scholz has not been dealt the best of hands. Replacing Angela Merkel after her 16 years of steady -- if staid -- rule was never going to be easy.

08.12 / 11:17

European Union Schengen: Croatia set to join but Austria 'main hold-out' against Romania and Bulgaria

The enlargement of the passport-free Schengen Area to take in Romania and Bulgaria has been put in serious doubt ahead of an expected vote on Thursday.

08.12 / 09:51

CBDC Adoption Central Bank wholesale Spain’s central bank to experiment with wholesale CBDCs

Spain’s central bank, the Bank of Spain (BDE) said it intends to launch an experimental program to begin testing wholesale Central Bank Digital Currencies (CDBCs) and is seeking collaboration proposals from local finance and technology institutions.

08.12 / 09:11

European Union 'Culture of impunity' across EU over violence against migrants, NGO warns

Migrants attempting to reach Europe are now almost always subjected to some form of violence at the hands of authorities, according to a new NGO report.

08.12 / 09:11

European Union Ukraine war. Germany's Scholz says nuclear weapons risk has diminished

The risk of Moscow using nuclear weapons in the Ukraine conflict has diminished because the international community "has drawn a red line" at Russia, according to German Chancellor Olaf Scholz.

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