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[Ticker] EU closes deficit procedure against France

EU finance ministers decided on Friday to close the excessive deficit procedure opened against France in 2009. France's deficit went below the required 3 percent of GDP in 2017, at 2.6 percent of GDP and it is expected to remain under the threshold in ...

By |June 22nd, 2018|Categories: News|Tags: , , |Comments Off on [Ticker] EU closes deficit procedure against France

Merkel and Juncker’s mini-summit risks fiasco

A special summit designed to help Germany deal with immigration has turned into a car crash before it even began.

By |June 22nd, 2018|Categories: News|Tags: , , |Comments Off on Merkel and Juncker’s mini-summit risks fiasco

Greece and creditors proclaim ‘end of crisis’

After late-night talks, the Eurogroup agreed on a €15bn disbursement and debt relief measures for Greece, while setting out a tight monitoring when the bailout ends in August.

By |June 22nd, 2018|Categories: News|Tags: , , |Comments Off on Greece and creditors proclaim ‘end of crisis’

[Ticker] Romania’s ruling party leader gets jail sentence

Liviu Dragnea, the head of Romania's ruling Social Democratic Party (PSD), who is considered as the country's true leader, was sentenced on Thursday to 3.5 years in prison for abuse of power. Dragnea, who has been barred from serving as prime minister ...

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on [Ticker] Romania’s ruling party leader gets jail sentence

[Investigation] How a US firm pushed for EU €2.1trn pension fund

A huge cross-border personal pension fund is being prepared by the EU - in the wake of suggestions from the world's largest asset fund manager BlackRock.

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on [Investigation] How a US firm pushed for EU €2.1trn pension fund

Commission defends Africa migrant plan ahead of summit

EU migration commissioner Dimitris Avramopoulos says "regional disembarkation schemes" would be set up in countries around the Mediterranean - although none have expressed a desire to participate.

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on Commission defends Africa migrant plan ahead of summit

[Ticker] EU states defer individual decisions on asylum reforms

EU states at the Council level this week decided not to confirm some EU asylum reforms because they want them signed off as a single package. There are seven such reforms under discussion. Of those, the council had discussed this week the qualification...

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on [Ticker] EU states defer individual decisions on asylum reforms

[Ticker] Commission opens case on Qatar gas flow

The European Commission opened on Thursday an investigation into whether Qatar Petroleum is breaching EU antitrust rules by imposing territorial restrictions in its contracts with European companies. The state-owned company is the largest supplier of l...

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on [Ticker] Commission opens case on Qatar gas flow

[Ticker] EU adopts posted workers directive

EU countries definitively adopted on Thursday the revised directive on posted workers, after two years of discussions. Under the new rules, EU workers will be able to work up to 12 months in another country - with possibility of a six-month extension i...

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on [Ticker] EU adopts posted workers directive

[Ticker] EU leaders to call for ‘coordinated plan’ on AI

EU leaders will ask for an EU-wide plan to develop artificial intelligence (AI), according to a leaked draft of the conclusions of next week's EU summit. "[The leaders invite] the [European] Commission to work with member states on a coordinated plan o...

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on [Ticker] EU leaders to call for ‘coordinated plan’ on AI

Bavaria hijacks EU migration talks

German domestic politics has taken over the EU migration agenda, as leaders meet for a mini-summit on Sunday.

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on Bavaria hijacks EU migration talks

[Opinion] The risks behind the ‘green bond’ boom

The EU should not overuse the financial system in order to achieve environmental goals, or it risks the emergence of a green bond bubble which would be detrimental to the financial sector and hinder the achievement of climate targets.

By |June 21st, 2018|Categories: News|Tags: , , |Comments Off on [Opinion] The risks behind the ‘green bond’ boom