European Union Financial News

13.07 / 10:47

European Union Heatwave Trump Riot Trump rallied supporters to riot at Capitol following 'unhinged' meeting, inquiry hears

During the seventh hearing of the congressional inquiry into the 2021 Capitol riots, the panel on Tuesday presented further evidence that Trump was told, repeatedly, that his claims of fraud were false, but that he continued to push them anyway.

13.07 / 09:25

European Union Sri Lankan president flees country, hours before he was due to step down

The president of Sri Lanka, Gotabaya Rajapaksa, fled the country early Wednesday morning, hours before he was due to step down amid a devastating economic crisis that has triggered severe shortages of food and fuel.

13.07 / 09:25

European Union Heatwave Firefighters scramble to put out wildfires in heatwave-hit Portugal and Spain

Wildfires swept across Portugal's central region on Tuesday, forcing the evacuation of hundreds of locals, as firefighters struggled to put out flames at a time the country is battling a sweltering heatwave.

12.07 / 21:27

European Union Ukraine war: Five important developments you need to know for Tuesday

1. Ukraine braces for renewed Russian assault

12.07 / 21:27

European Union UK politics: Meet the eight contenders vying to replace Boris Johnson

Eight politicians are vying to replace Boris Johnson as the next Conservative Party leader and British prime minister.

12.07 / 09:57

G20 European Union crypto rules G20 watchdog to propose first global crypto rules in October

Financial Stability Board (FSB) said on Monday it would propose «robust» global rules for cryptocurrencies in October, following recent turmoil in markets that has highlighted the need to regulate the «speculative» sector. The FSB, a body of regulators, treasury officials and central bankers from the Group of 20 economies (G20), has so far limited itself to monitoring the crypto sector, saying it did not pose a systemic risk. But recent turmoil in crypto markets has highlighted their volatility, structural vulnerabilities and increasing links to the wider financial system, the FSB said.

11.07 / 17:31

Technology European Union Electricity supplies to some French companies could be cut due to energy disruption, minister says

The French government is working on "load-shedding plans" that could see electricity and gas supplies reduced for some companies over the winter, Economy Minister Bruno le Maire confirmed on Sunday, warning that Russia is highly likely to turn off the tap.

11.07 / 17:31

Technology European Union COVID-19: European health agencies recommend 2nd booster for vulnerable people and those over 60

Vulnerable people and those over the age of 60 should get a second booster dose of the vaccine against COVID-19, European health agencies advised on Monday, warning that a new wave is "ramping up."

11.07 / 13:53

Stablecoin regulation European Union ECB financial stability Financial Terra crash highlights stablecoin risk to financial stability: ECB

The European Central Bank (ECB) has released a report analyzing the growth of the cryptocurrency market over the past decade and the risks it poses to the existing financial system.

08.07 / 09:33

European Union Who could replace Boris Johnson as UK prime minister?

After a revolt and flood of ministerial resignations, Boris Johnson finally announced he would be stepping down as UK prime minister.

08.07 / 08:37

European Union abortion rights Former Japanese PM Shinzo Abe critically shot while campaigning

Former Japanese Prime Minister Shinzo Abe was shot during a campaign speech on Friday in the west of the country.

07.07 / 23:07

European Union boost Finland passes a new law to boost border security with Russia

The Finnish parliament amended its laws on Tuesday, to strengthen the fences along the country's border with Russia, as the Nordic nation continues the process of joining NATO.

07.07 / 23:07

European Union Ukraine war: Five key developments you need to know from Thursday

1. Russia pausing offensive ahead of renewed assault

07.07 / 16:13

European Union Heatwave EU braces for tough wildfire season and warns drought could become 'worst ever'

The European Union is bracing itself for a difficult wildfire season with hundreds of firefighters from different member states being deployed as the drought in southern European countries could become "the worst ever".

07.07 / 15:19

European Union abortion rights lawmakers rights European lawmakers demand that abortion be included in EU Charter of Fundamental Rights

The European Parliament has asked for the right to "safe and legal abortion" be added to the EU Charter of Fundamental Rights and stressed denying the procedure amounted to a form of violence against women and girls.

07.07 / 13:51

European Union Energy analysts Ukraine war: Russia pausing offensive ahead of renewed assault, say analysts

Moscow is easing its offensive in Ukraine only temporarily and it is most likely preparing for a renewed assault, analysts claim.

07.07 / 13:31

European Union Lithuania shows off 'crowdfunded' military drone it's giving to Ukraine

Lithuania showed off a crowdfunded Turkish-made military drone on Wednesday, which it plans to send to Ukraine to help the war-torn country fight Russia's invasion.

07.07 / 11:51

European Union Time Greece will raise pensions in 2023, says PM Mitsotakis, for first time in more than a decade

Greece will push through pension increases next year for the first time in more than a decade, its prime minister Kyriakos Mitsotakis has said.

07.07 / 10:05

European Union British government says 'no' to Scotland on new independence vote

The British government has written to the Scottish government on Wednesday, formally denying a request from Edinburgh to hold a new independence referendum.

06.07 / 23:39

regulation European Union Belgian regulator reviews crypto asset classifications while awaiting harmonization

The Financial Services and Markets Authority (FSMA), the Belgian regulator, is seeking comments on its communication on the classification of crypto assets as securities, investment instruments or financial instruments. Aimed at issuers, offerors and service providers, the agency’s communication will serve as guidance to the existing order until European regulatory harmonization is achieved.

06.07 / 18:45

European Union Military Latvia to reintroduce compulsory military service amid Ukraine war

Latvia is set to reintroduce compulsory military service amid growing tensions with neighbouring Russia and the war in Ukraine.

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