EurActiv.com

EU news and policy debates across languages

17/01/2017

Financial expert: Deutsche Bank collapse ‘would probably trigger new global financial crisis’

Topic: Financial regulation


Euro & Finance 04-01-2017

Spain's banks recover but toxic assets remain

Hit by a severe crisis several years ago, Spain's banking sector has recovered, but at a cost, as thousands are laid off and it struggles to get rid of toxic assets.
Euro & Finance 03-01-2017

Sale of small Italian banks to UBI 'delayed' at Commission's request

The sale of three small Italian banks, rescued in 2015, to bigger rival UBI has been delayed by at least a week at the request of the European Commission, three sources close to the matter have told Reuters.
Euro & Finance 16-12-2016

Bundesbank chief: Don't politicise monetary policy

The European Central Bank must stick to its price stability mandate and not be swayed by politics, Germany's top central banker said Friday (16 December), warning against extending loose monetary policy for too long.
Euro & Finance 09-12-2016

Unhappy birthday: EU low-key on Maastricht's 25th anniversary

A quarter of a century after the summit in the Dutch town of Maastricht that gave birth to the euro, the EU will mark the anniversary today (9 December) with little fanfare as it battles a wave of crises.
Euro & Finance 07-12-2016

Luxembourg 'made 172 secret tax deals' with companies in year after LuxLeaks

Luxembourg struck 172 secret tax deals in the year after the LuxLeaks scandal first exposed the prevalence of agreements made between the government and multinational corporations, new research published today (7 December) has revealed.
Trade & Society 06-12-2016

Apple, Ireland lines of defence diverge in state aid case

In its challenge of the European Commission's €13bn recovery decision, Ireland does not agree with Apple’s position that almost the entirety of its profits are generated by R&D, and should therefore be taxed in the US, PaRR has learned.
Euro & Finance 29-11-2016

Moscovici says EU and Greece 'very close' to opening vital debt talks

Greece and its European creditors are "very close" to an agreement that would open the way to vital debt talks, EU economy commissioner Pierre Moscovici said on Monday (28 November).
Euro & Finance 28-11-2016

Commission proposes new CCP financial rules

The European Commission has adopted a proposal on financial market infrastructure that aims to manage the risk of one or more parties defaulting on transactions, in an attempt to learn from lessons provided by the global financial crisis. EurActiv’s partner Milano Finanza reports.
Global Europe 23-11-2016

EU takes on US in tit-for-tat bank row

The EU will require big foreign banks operating in Europe to set aside billions in reserve funds in a tit-for-tat move against the United States that could also affect post-Brexit Britain, according to a draft proposal seen by AFP.
Euro & Finance 21-11-2016

ECB chief outlines three risks still facing Eurozone recovery

The profitability of European banks, weak inflation and the recovery's dependence on accommodating monetary policy are the three immediate risks facing the Eurozone, Mario Draghi has said. EurActiv’s partner Milano Finanza reports.
Digital 18-11-2016

Romania and EU agencies smash cybercrime gang

Romanian police have smashed, with the help of European law enforcement agencies, a computer fraud gang accused of stealing millions of euros from unsuspecting victims, officials said Thursday (17 November).
Euro & Finance 15-11-2016

Trump, Wall Street and the banks: Massive deregulation ahead

Donald Trump’s promise to cut red tape in the financial sector is one of the few areas the president-elect has been consistent. Despite his anti-Wall Street rhetoric, the billionnaire is close to America's financial hub. EurActiv's partner La Tribune reports.
Euro & Finance 10-11-2016

Moscovici: Trump’s US could be tax haven blacklisted

EXCLUSIVE / The EU’s tax haven blacklist is taking shape, as the European Commission uses the momentum generated by the LuxLeaks and Panama Papers scandals. Tax Commissioner Pierre Moscovici did not rule out including the United States on the list, in interview with EurActiv.com.

Euro & Finance 10-11-2016

World stocks rally on Trump's rise to the White House

Global stock markets rallied Wednesday (9 November) in response to Donald Trump's capture of the White House, recovering from the sharp downturn overnight in the initial aftermath of Hillary Clinton's shock defeat.
Euro & Finance 09-11-2016

Member states play politics with tax havens blacklist

The EU's tax haven blacklist is due to be finalised by the end of 2017. But the inclusion of countries with zero tax rates has divided member states. EurActiv France reports.
Euro & Finance 07-11-2016

European Parliament to side with banks and reject new Basel banking rules

The European Parliament is expected on Thursday (10 November) to announce that it does not intend to accept new international standards that would require banks to have greater capital reserves. EurActiv’s partner Milano Finanza reports.

UK & Europe 03-11-2016

UK fintech finds EU barriers emerging after Brexit vote

Fallout from the vote to leave the European Union is already threatening the growth of financial technology firms in Britain, industry officials said on Wednesday (2 November).
UK & Europe 02-11-2016

72% of UK bankers think London will keep 'financial centre status' post-Brexit

Almost three-quarters of British bankers believe London will still be the financial centre of Europe in five years' time, despite risks surrounding Brexit, according to a study published Wednesday (2 November).
Euro & Finance 02-11-2016

MEPs seek to water down EU bank deposit guarantee plan

European lawmakers plan to water down a European Commission plan to guarantee bank deposits, according to a draft report seen by Reuters, throwing up another hurdle to regulators' plan to boost savers' confidence and the financial sector.
Euro & Finance 31-10-2016

The EU needs London’s financial wizardry

As a result of the United Kingdom’s vote to leave the EU, its position as the continent’s main financial hub has been called into question. But downgrading London’s status could decrease the EU’s share of global trade even further, warns Philip Geddes.
Euro & Finance 20-10-2016

ECB set to tee up next stimulus move: analysts

European Central Bank chief Mario Draghi is likely to prep markets for an extension of a huge monetary stimulus programme later today (20 October) after investors were rattled by talk that massive bond purchases may be drying up.
Euro & Finance 19-10-2016

Obama hails Renzi's reforms, criticises EU austerity

Barack Obama praised Matteo Renzi in a newspaper interview yesterday (18 October), endorsing the under-fire Italian Prime Minister's reform agenda ahead of his state visit to Washington and a referendum that will define his political legacy.
Euro & Finance 10-10-2016

German companies touted as possible Deutsche Bank saviours

Germany's biggest companies could band together to save struggling financial powerhouse Deutsche Bank from slipping further into crisis. It’s an option that could rule out the need for a public bailout. EurActiv’s partner La Tribune reports.
Euro & Finance 07-10-2016

Financial expert: Deutsche Bank collapse 'would probably trigger new global financial crisis'

Deutsche Bank is in crisis mode and its collapse could signal the beginning of a whole new set of economic woes for Germany, the EU and even the entire global financial system, expert Michael Schröder told EurActiv Germany. But he insists that state aid is not the answer.