Eu Financial News

22.06 / 22:10

Art Climate change European Union Bulgaria faces fresh political turmoil as government loses confidence vote

The Bulgarian government of liberal Prime Minister Kiril Petkov was toppled on Wednesday by a motion of no confidence, plunging the country into a new political crisis after three elections last year.

22.06 / 22:10

Art Climate change European Union Military Ukraine war: Five things you need to know about the conflict on Wednesday

Russian forces pounded Kharkiv and surrounding countryside with rockets, killing at least 20 people on Tuesday and Wednesday morning, in what Kyiv called a bid to force it to pull resources from the main battlefield to protect civilians from attack.

22.06 / 19:37

Art European Union Time Saudi crown prince visits Turkey for first time since Khashoggi murder

Saudi Crown Prince Mohammed bin Salman has arrived in Turkey for his first visit to the country since the killing of dissident columnist Jamal Khashoggi.

22.06 / 19:33

European Commission European Parliament Backs Broader Carbon Border Tax

The European Parliament approved legislation to tax imports based on the greenhouse gases emitted to make them, a plan that is sending shudders through the global trading system.

22.06 / 19:33

UPS U.S. Push for Exceptions in Europe’s Sanctions on Russian Oil Gains Traction

A U.S. push to pare back one of the European Union’s sanctions on Russian oil has tentatively started to gain traction within the 27-member bloc, with officials weighing whether to allow insurers to cover shipments of Russian oil if the price the oil will sell for falls under a cap.

22.06 / 16:10

European Union carbon emissions Fossil fuels Germany refuses to agree to EU ban on new fossil fuel cars from 2035

Germany's government is refusing to agree to European Union plans to effectively ban the sale of new cars with combustion engines from 2035, according to Finance Minister Christian Lindner.

22.06 / 15:50

regulation Europe European Union Framework ECB head calls for separate framework to regulate crypto lending

A week after the major American crypto lending platform Celsius had to freeze the withdrawal option for its users, European Central Bank (ECB) president Christine Lagarde voiced her conviction on the necessity of tighter scrutiny over this part of the crypto market.

22.06 / 14:21

Provident MarketAxess, Tradeweb, Bloomberg launch bid for EU consolidated tape

The EU's three largest providers of fixed income data will explore creating a consolidated tape in a bid to become the bloc's main provider.

22.06 / 13:29

cryptocurrency Central Bank Amid Looming Euro Zone Economic Downturn, ECB's Lagarde Worries About Crypto, DeFi

While the 19 euro-using European Union countries face a gloomy economic outlook, European decision-makers are worried about the potential negative impact of cryptoassets and decentralized finance (DeFi) on the bloc’s financial stability -- and per Christine Lagarde, President of the European Central Bank (ECB), they should intensify their work on a controversial regulation draft.

21.06 / 18:51

European Union festival French court rules in favour of burkini ban

France's highest administrative court has upheld a nationwide ban on the wearing of "burkini" swimming costumes in public pools.

21.06 / 18:51

European Union Energy festival Ukraine war: Five things you need to know about the conflict on Tuesday

Russian attacks laid down a curtain of fire Tuesday across areas of eastern Ukraine where pockets of resistance are denying Moscow full military control of the region.

21.06 / 13:14

Ethereum Adoption Donations Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K

It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies as it witnessed uninterrupted monetary aid in the form of crypto and nonfungible tokens (NFT).

21.06 / 12:09

Citi UK may scrap banker bonus caps in post-Brexit rules push

The UK government is looking to scrap the cap on banker bonuses, as it eyes a further break with legacy EU rules, The Independent reported.

21.06 / 09:36

Citi Banker bonus cap faces axe in post-Brexit drive to cut regulation

The UK government is looking to scrap the cap on banker bonuses, as it eyes a further break with legacy EU rules, the Independentreported.

21.06 / 09:21

European Union Refugees Macron to meet political rivals in talks to form a working government

France's President Emmanuel Macron will hold talks with his rivals on Tuesday, to try and strike a deal to form a working government.

21.06 / 08:47

Refugees peace Nobel Peace Prize medal sells for $103.5 million to help Ukraine children

The Nobel Peace Prize auctioned off by Russian journalist Dmitry Muratov to raise money for Ukrainian child refugees sold in New York on Monday night for $103.5 million (€98.3 million), shattering the old record for a Nobel.

21.06 / 08:47

Refugees Rail chaos as Britain's biggest strike in years begins

Britain is facing its biggest rail strikes in decades after last-minute talks between a union and train companies failed to reach a settlement over pay and job security.

20.06 / 22:59

Refugees Georgia: Tens of thousands rally in Tbilisi to demand EU membership

Tens of thousands of demonstrators marched in Georgia's capital Tbilisi on Monday to demand EU membership for the former Soviet republic in the Caucasus.

20.06 / 18:33

European Union Refugees Swimming Why do central banks raise interest rates to curb inflation?

It's all going up: electricity, diesel, vegetables, the Internet, hotels, flights, and now, interest rates.

20.06 / 17:29

Refugees Anger as Lithuania bans transit of goods to Russia exclave Kaliningrad

Lithuania has banned the transit of some goods through its territory from Russia to its exclave of Kaliningrad.

20.06 / 16:53

European Union network Demand for EVs is soaring. Is Europe’s charging station network up to speed?

As oil prices soar and governments crack down on combustion engines to curb global warming, more and more drivers are considering switching to an electric vehicle (EV).

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