Banking union

Brexit 23-02-2018

Bulgarian presidency seeks to ease new rules on foreign banks

The European Union has been urged by its Bulgarian presidency to ease proposed new regulations on foreign banks within the block to bring them in line with US requirements, EU documents showed yesterday (22 February).
Global Europe 21-02-2018

Latvian defence ministry says corruption claims may be disinformation campaign

Corruption allegations that led to the suspension of Latvia's central bank governor yesterday (20 February) may be part of a disinformation campaign aimed at damaging trust in the country and influencing October elections, its Defence Ministry said.
Economic governance 20-02-2018

Eurogroup picks ‘pragmatic’ De Guindos for ECB vice-presidency

Eurozone finance ministers chose Spanish Economy Minister Luis de Guindos to become the next vice-president of the European Central Bank (ECB), marking the return of Spain to top EU posts after the country lost its chair in the bank's Executive Council.
02-02-2018

Grim scenario for bank stress tests, says EU watchdog

The European Banking Authority has launched its third wave of stress tests conducted on 48 European banks. EURACTIV's partner La Tribune reports.
18-01-2018

Berlin demands clarity on risk reduction for banking union

Germany said on Wednesday (17 January) that eurozone members should first agree on clear parameters for reducing risks in the banking sector before progress can be made toward completing a banking union through a deposit insurance scheme in the currency bloc.
16-01-2018

EU auditors blame ECB for not providing evidence

EU auditors censured the European Central Bank on Tuesday (16 January) for refusing to provide “important evidence” needed to assess its key role in the supervision of Europe’s largest banks.
Economy & Jobs 12-01-2018

Turning the page on the eurozone crisis: Economy and Finance in 2018

On the tenth anniversary of the financial crisis, the European Union will definitively turn the page on the worst economic crisis in its history with the closure of the Greek rescue programme and the last excessive deficit procedures, while adopting the biggest overhaul of its financial sector in years.
Economy & Jobs 15-12-2017

Macron convinces Merkel to hold key debate on future of euro in March

Amid the political paralysis in Germany, EU leaders decided on Friday (15 December) to postpone for March a “strategic political discussion” on the future of the eurozone and adopt a 'reform roadmap' in June.
Economic governance 07-11-2017

EU finance chiefs thrash out post-Brexit future

European Union finance ministers wrangled yesterday (6 November) over differences in plans to reform the euro common currency in the wake of last year's shock Brexit vote.
Future EU 06-11-2017

Britain frozen out as EU finance chiefs plot future

European Union finance ministers meet without Britain in Brussels on Monday (6 November) to try to iron out their differences on plans to reform the euro in the wake of the shock Brexit vote.

Sustainable finance requires a change in incentives

Hurricane Harvey’s trail of carnage through Houston, the oil capital of the US, was a stark reminder of the effect that climate change can have on our economy, writes Peter Blom.
Economy & Jobs 30-10-2017

Eurozone needs to push on with banking, bailout reforms – Slovak finance minister

Slovak Finance Minister Peter Kazimir said on Saturday (28 October) the eurozone should speed up completion of a banking union and revamping a bailout fund as the window for reform is closing.