European Union Financial News

06.07 / 13:53

European Union Research MEPs back controversial EU plan to label nuclear and gas investments as 'green'

MEPs on Wednesday backed a controversial plan to label certain nuclear and gas investments as sustainable.

06.07 / 12:53

European Union Research MPs Crunch day for Boris Johnson as he faces MPs after a flood of resignations

Today could be a crucial day in the survival of British Prime Minister Boris Johnson, following the resignation of two senior ministers yesterday, and further calls for him to step down.

06.07 / 09:55

European Union Research Refugees Donetsk governor urges more than 350,000 residents to flee as Russian offensive escalates

The governor of Donetsk, the last remaining eastern province of Ukraine partially under Kyiv control, has urged more than 350,000 residents to flee.

06.07 / 09:03

cryptocurrency Europe European Union Bank of England Bank of England: Crypto crashes show need for tougher rules

Bank of England warned Tuesday that recent cryptocurrency meltdowns that wiped out more then $2 trillion in value highlight the need for tougher financial regulations The U.K.'s central bank said that the crashes exposed vulnerabilities in the crypto markets reminiscent of previous bouts of financial turmoil. Extreme volatility in the crypto markets, including so-called stablecoins, resulted in «fire sales» and amplified price falls, the bank said in its latest financial stability report.

05.07 / 12:35

regulation SEC Europe European Union MiCa, AMLA and EU’s 'wild west' problem: Law Decoded, June 27-July 4

According to the European parliament member and rapporteur for the Markets in Crypto-Assets (MiCA) regulation Stefan Berger, the deal on landmark pan-European Union regulation had been finally struck amid the Tripartite negotiations. It “will put an end to the crypto wild west,” as French Minister for the Economy Bruno Le Maire hopes. Still, while raising a modest optimism among some stakeholders, MiCa’s final draft will surely make life harder for others.

05.07 / 00:25

Law regulation European Union ECB ECB officials prepare for 'harmonization' of crypto regulations: Report

The European Central Bank, or ECB, will reportedly be preparing to implement a new law by warning European Union member states about the necessity of harmonizing regulations for crypto.

01.07 / 15:33

Climate change European Union Watch as the EU flag arrives at the Ukrainian parliament

The flag of the European Union was brought to the Ukrainian parliament on Friday morning, a week after EU leaders decided to grant Ukraine the status of candidate country to join the bloc.

01.07 / 10:05

cryptocurrency European Union Money Bitcoin EU agrees on landmark crypto regulation in wake of Terra meltdown and Bitcoin plunge

The European Union has agreed on landmark rules for regulating the cryptocurrency industry, whose meltdown has been wiping out fortunes and sparking calls for tighter scrutiny worldwide.

01.07 / 08:09

European Union NATO Ukraine war: '17 dead' as Russian missiles hit flats in Odesa region, say Ukrainian officials

Ukrainian authorities say a Russian missile has struck a nine-story block of flats in Ukraine's southern Odesa region, killing at least 14 people and wounding 30.

30.06 / 14:45

European Union women's rights Global Corporate Tax: France says EU can bypass Hungarian veto

France will look at bypassing Hungary's veto on a global corporate tax, an official has said after the measure was defeated last week.

30.06 / 09:13

European Union Energy What the Commission wants you to do to save energy as Russia cuts taps

The European Commission is expected to unveil a common European Emergency Demand Reduction plan in July in a bid to be prepared should Russia turn off the oil and gas taps further.

30.06 / 01:17

regulation Europe European Union AML EU officials reach agreement on AML authority for supervising crypto firms

The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs.

29.06 / 23:09

European Union Prison R&B singer R Kelly sentenced to 30 years in prison for sex trafficking, racketeering

Fallen music star R Kelly was sentenced on Wednesday to 30 years in prison in a US federal sex trafficking and racketeering case in New York.

29.06 / 20:51

European Union NATO Ukraine war: Five things you need to know about the conflict this Wednesday

The Russian-controlled region of Kherson in southern Ukraine has begun preparations for a referendum on joining Russia, according to a local official.

29.06 / 12:13

European Union NATO innovation Deal EU member states strike late-night deal on climate laws

European Union member states reached a deal in the early hours of the morning on Wednesday on a series of measures they hope should put the bloc on track to become carbon neutral by 2050.

29.06 / 08:09

European Union NATO United Nations Ukraine war: Zelenskyy urges 'terrorist state' Russia's expulsion from United Nations

Ukraine’s President Volodymyr Zelenskyy accused Russia of becoming “a terrorist” state carrying out “daily terrorist acts” and urged Russia’s expulsion from the United Nations, in a virtual address to the UN Security Council on Tuesday.

29.06 / 07:45

European Union NATO Bosnia, Ukraine: Two countries affected by war, two very different EU paths

European leaders' decision to let Ukraine and Moldova be candidates to join the EU is something Bosnia and Herzegovina has been vying for since the end of the 1992-1995 war in the country.

28.06 / 23:19

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

Ukraine is facing "brutality" unseen in Europe "since World War II" amid Russia's invasion, said Jens Stoltenberg on the opening day of a pivotal NATO summit in Madrid.

28.06 / 22:25

European Union Abortion NATO expansion Deal NATO expansion: Finland, Sweden and Turkey strike deal on membership

Finland and Sweden have struck a deal with Turkey that sees Ankara drop its objections to the two Nordic countries joining NATO.

28.06 / 22:25

European Union virtual reality Abortion News Prison Ghislaine Maxwell sentenced to 20 years in prison in Epstein sex abuse case

Ghislaine Maxwell, the jet-setting socialite who once consorted with royals, presidents and billionaires, was sentenced to 20 years in prison for helping financier Jeffrey Epstein sexually abuse underage girls.

25.06 / 17:49

Health European Union Protest festival EU-Iran nuclear talks set to resume in the 'coming days'

The European Union (EU) and Iran announced Saturday that stalled nuclear talks would resume "in the coming days", following a surprise visit to Tehran by the bloc's foreign police chief.

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