The European Commission on Wednesday (14 March) proposed new measures requesting banks to raise more capital against loans turning ‘toxic’ and to develop a European market to sell ‘bad loans’ weighing down their books.
The European Parliament approved the appointment of Spain’s former minister of Economy Luis de Guindos as ECB vice-president but sent a warning signal to the member states to improve the nomination process.
The eurozone will never reach its full potential and may face a new crisis in the future without a fiscal capacity, Portugal's Prime Minister Antonio Costa told the European Parliament on Wednesday (14 March).
EU trade chief Cecilia Malmstöm said on Wednesday (14 March) that the European Commission is prepared to put in place its own safeguard measures, in line with international obligations, as a response to US tariffs.
The design of Crocs, an opinion-dividing American line of footwear, is no longer valid in the European Union, after the bloc’s top court backed a decision by the EU’s intellectual property office to nullify it, citing a lack of “novelty”.
If social dialogue is to remain useful it will have to adapt to changes in the labour market. New, atypical forms of work have blurred the lines of the employee-employer relationship. The representativeness of these relations is a key issue. EURACTIV.fr reports.
When French President Emmanuel Macron proposed the creation of a European innovation body modelled on the US DARPA last September, few believed it possible. But the Joint European Disruptive Initiative (JEDI) is taking shape.
The impulse to bolster the eurozone, sparked by Emmanuel Macron’s victory in France almost one year ago, is losing its vigour as political instability persists and a group of countries have solidified their opposition to bold changes.
The European Commission wants to set up a new EU agency to oversee cross-border labour disputes and manage the growing number of people who travel within the bloc for work. The agency would receive a budget of €50 million and open before the current Commission’s term ends next year.