New EU rules that will force losses on big depositors and bondholders over the heads of national regulators could detstabilize banks in some countries and pose a systemic risk at the European level, Czech bankers have warned. EurActiv Czech Republic reports.
German lawmakers gave Chancellor Angela Merkel the green light Friday (17 July) to resume talks on a new EU-IMF bailout deal for Greece, after she passionately argued it was the last chance to prevent "chaos" in the crisis-hit country.
While EU and US negotiators meet for a new round of trade talks this week, experts are questioning Parliament's rejection of arbitration mechanisms in the Transatlantic Trade and Investment Partnership (TTIP) on 9 July.
European Commission President Jean-Claude Juncker praised Cyprus yesterday (16 July) for its budding economic recovery after harsh bailout terms saved the eurozone member from meltdown, and urged re-unification of the divided island.
The UK may be a Eurosceptic country, but it has made the biggest contribution to the flagship project of the Commission led by Jean-Claude Juncker – the €315 billion Investment Plan for Europe designed to stimulate the EU's post-crisis economy.
Global attention has focused on Greece's brush with financial collapse over the past few weeks. But meanwhile, one of the other great crises facing Europe has continued out of the spotlight, with a steady stream of migrants arriving in Athens.