New, stricter capital rules for Europe's insurers could spur takeovers and consolidation next year among the region's 5,000 insurers, after recent stress tests showed nearly one in seven would fail them, analysts and industry executives said.
The hacking of computers at Belgian telecom Belgacom, alleged to have been carried out by British intelligence agency GCHQ, was more far-reaching than previously thought and went undetected for more than two years, according to reports published on Saturday (13 December).
An engrained, institutional bias in favour of building new energy production assets to boost supply means that cost-effective ‘no build’ technologies for managing - and reducing - demand on the consumer side have been ignored, writes Sara Bell.
If the European Union lacks somewhat in terms of popular legitimacy, the electoral procedure of the European Parliament must have something to do with it. Fortunately, Parliament is itself responsible for initiating electoral reform, although like all parliaments it must overcome the vested interests of serving deputies that provide an in-built bias towards the status quo, writes Andrew Duff.