About: Valdis Dombrovskis

Economy & Jobs 21-12-2017

EU seeks to urgently counter threat of bitcoin bubble bursting

The EU's top official for the euro on Wednesday (20 December) pressed European regulators to urgently update financial rules in order to face bitcoin's dizzying volatility, after the crypto-currency leapt from $1,000 to $20,000 in under a year.

Commission running late on climate reporting project

The Commission is working on its climate reporting project to be announced next spring, but Commission vice-president Valdis Dombrovskis already announced support for a relaxation of prudential regulations for green projects. EURACTIV France reports.

Economy & Jobs 07-12-2017

Commission wants single eurozone seat at IMF plan adopted by end of mandate

The European Commission is pushing for the adoption, by mid-2019, of the proposal to create a unified seat at the International Monetary Fund, as part of its package to strengthen the economic and monetary union presented on Wednesday (6 December).

Economic governance 22-11-2017

Commission calls for reforms to address wage stagnation

The European Commission told member states on Wednesday (22 November) to prioritize policies that support wage growth, in light of the economic pain still suffered by many Europeans.

Banking union 12-10-2017

EU weakens plan on bank protection, risks ECB clash on bad loans

The European Commission proposed yesterday (11 October) watered-down measures to help guard European Union banks against future crises, after two years of fruitless talks among the 28 EU states on more ambitious plans.

Digital 20-09-2017

Commission ponders a tax on online sales

The Commission will suggest on Wednesday (20 September) alternatives to tax companies operating on Internet, including a withholding tax on online sales of non-resident companies or a levy on revenues coming from digital services or advertising, according to a document seen by EURACTIV.

Economy & Jobs 20-09-2017

EU moves to extend grip on financial sector after Brexit

The European Commission proposed on Wednesday (20 September) transferring some powers to oversee the financial sector from national capitals in a move to extend the EU’s grip on the industry as the bloc prepares for the departure of London, its main financial hub.

Juncker Plan falls short of offering green projects, expert group says

The high-level group on sustainable finance proposed on Tuesday (18 July) a new platform to match capital and green projects, as the Juncker Plan did not develop the 'big pipeline' that was expected to unlock the money resting in the pockets of big investors.

Economy & Jobs 29-06-2017

Basel III reform ‘unlikely’ by G20 meeting

EU and industry officials say it is “unlikely” that Europe and the US will agree on new rules to strengthen the banking sector by the time of the G20 meeting in Hamburg on 7-8 July.

Economy & Jobs 29-06-2017

Dombrovskis: ‘There is appetite for a pan-European pensions product’

The European Commission will propose a new pan-European personal pension today (29 June). In an interview with journalists, Commission Vice-President Valdis Dombrovskis argues that the new scheme would help save more money in an ageing society.

Banking union 13-06-2017

EU seeks post-Brexit powers over London euro clearing

The EU unveiled plans Tuesday (13 June) to give itself powers to force a huge slice of London's banking business out of the UK after Brexit in a blow to the city's supremacy as a global financial hub.

Digital 09-06-2017

Commission struggles with tax exemptions in EU-wide pension proposal

European Commission Vice-President Valdis Dombrovskis admitted on Thursday (8 June) that full harmonisation across Europe, for the tax regime applied to the upcoming EU-wide personal pension insurance, was "unlikely".