Eu Financial News

By Foo Yun Chee

The ICAV has admitted it failed to report 200,640 derivative trades entered into between January 2018 and May 2020 by one of its sub-funds to a trade repository.

By Gabriela Baczynska

Ukraine, something akin to the sentiment that moved the EU’s founding fathers is stirring again. The talk now is of admitting as many as nine new members, including Ukraine. Joining the world’s most successful club of peaceful, prosperous democracies would set that war-ravaged country—and fellow aspirant members in the Western Balkans, Georgia and Moldova—on a new and promising path.

BUDAPEST (Reuters) — The European Union should first sign a strategic partnership agreement with Ukraine instead of starting membership talks with the country, Hungary's Viktor Orban said on Friday, flagging a way to a possible compromise ahead of a crucial EU summit.

In this article

By Martin Coulter

Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years

Andrea Enria, Chair of the supervisory board at the European Central Bank (ECB), has emphasized the need for rigorous regulation when crypto entities start resembling banks.

The FCA acknowledged the concerns that cost disclosures under the EU laws 'may not result in representative cost information being published'.

BRUSSELS (Reuters) — The biggest obstacle to a deal on a mid-term revision of the European Union's 7-year budget is the internal discussion in Germany on the country's own budget, thrown into turmoil by a constitutional court ruling, the EU Budget Commissioner said.

Meta Platforms' advertising-free subscription service, a fee-based offering rolled out in Europe this month, breaches EU consumer laws, Europe's largest consumer group said on Thursday as it took its grievance to consumer protection authorities. The joint complaint from the European Consumer Organisation (BEUC) and 18 of its members to the network of consumer protection authorities (CPC) came two days after advocacy group NOYB filed a complaint with the Austrian privacy watchdog, saying Meta's new service amounted to paying a fee to ensure privacy.

Chancellor Jeremy Hunt. © Zara Farrar — HM Treasury

Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country

NATO member Finland has closed its last remaining border crossing with Russia

By Foo Yun Chee

State Antony Blinken said on Wednesday that there was «no sense of fatigue» among NATO allies when it came to helping Ukraine. «We must and we will continue to support Ukraine,» he said after a NATO-Ukraine meeting in Brussels, adding that NATO allies were unanimous on this position and that he was also hearing continued support for Ukraine in both chambers of the U.S. Congress. Kyiv has been concerned that the Israel-Hamas war could divert international attention away from its efforts to defeat Russia, which invaded Ukraine in February 2022. Foreign Minister Dmytro Kuleba urged the West earlier on Wednesday to ramp up arms production. The European Union has delivered about 300,000 of its promised 1 million artillery shells to Ukraine so far, he said. «We need to create a Euro-Atlantic common area of defence industries,» Kuleba said before meeting the NATO foreign ministers, adding this would ensure both Ukraine's security and that of NATO countries themselves. Kyiv has recently engaged in a concerted drive to entice leading global arms manufacturers to set up operations in Ukraine, part of a bid to diversify its reliance on weapons and ammunition given by its allies. «It is important that our solidarity with Ukraine is not only demonstrated in words but also in deeds,» NATO Secretary General Jens Stoltenberg said, urging allies to do more.

Investing.com — The U.S. dollar stabilized in early European trade Wednesday, remaining near a three-month low amid growing expectations that the Federal Reserve has completed its series of rate hikes and could begin cutting rates early next year.

(Reuters) -Spain's annual inflation rate fell to 3.2% in November as a result of cheaper fuel and tourist packages, preliminary data from the National Statistics Institute (INE) showed on Wednesday.

Investing.com — European stock markets traded in a mixed fashion Wednesday, with investors struggling to build momentum ahead of the week’s key inflation data. 

Ukrainian lawmakers are set to debate two crypto tax bills, as Kyiv looks to raise money from crypto traders.