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‘No evidence’ ECB bond-buying helped euro economy

Models used to claim ECB policy have boosted eurozone economy were discredited by economists who inserted random figures.

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[Ticker] British PM to batter against EU wall on Brexit

British prime minister Theresa May's spokesman has said she would seek "legally binding changes" to the Irish border deal in Brexit talks with European Commission president Jean-Claude Juncker in Brussels on Wednesday. But Stefaan De Rynck, a senior EU...

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[Ticker] Hungary and Slovakia break EU line on Jerusalem

Hungary and Slovakia have promised to open diplomatic missions in Jerusalem, going against the EU line that the city should be shared between Israel and a future Palestinian state. "We will have an official presence in Jerusalem," Hungarian leader Vikt...

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[Ticker] Germany and France to overhaul EU competition law

EU competition rules should be overhauled so that Europe could create "global players", German chancellor Angela Merkel said in Berlin Tuesday. She spoke as France and Germany the same day launched joint proposals for a "European industrial policy fit ...

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Juncker: Orban should leave Europe’s centre-right

EU commission president said EPP should expel Hungary's Fidesz, after Orban's government ran a campaign accusing Juncker of migration "conspiracy theories".

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College of Europe alumni ask rector to cut Saudi ties

College of Europe rector, Jorg Monar, denies the academic institute is lobbying MEPs for the Saudis. Former students demand the Bruges-based campus cut ties with the regime.

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[Ticker] Estonia kicks out Danske Bank over money laundering scandal

Estonia ordered Danske Bank Tuesday to close its branch in Tallinn before the end of 2018 and transfer all customers and loan contracts to other banks in Estonia following a huge money laundering scandal. Kilvar Kessler, head of Estonia's banking regul...

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EU says Hungary’s anti-Juncker campaign is fake news

The European Commission has branded the latest campaign by the Hungarian government as 'fake news', after Orban's government accused Juncker of pressing ahead with migration proposals that threaten the country's security.

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[Ticker] May and Juncker meet over Brexit on Wednesday

British prime minister Theresa May will travel to Brussels on Wednesday for talks with EU commission president Jean-Claude Juncker in a continued attempt to find a way to push the Brexit deal through the UK parliament. A commission spokesman reiterated...

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[Ticker] EU promises to open up advisory groups

The European Commission will take up a recommendation to apply transparency rules to ad hoc advisory groups, and not only to permanent expert groups, said the European Ombudsman. The decision comes after the ombudsman said more transparency was needed ...

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[Ticker] EU agrees to limit CO2 emissions by trucks

Negotiators on behalf of 28 EU governments, the European Parliament, and European Commission agreed in the early hours of Tuesday to limit CO2 emissions by trucks. They settled on a 15% reduction by 2025, compared to 2019, and 30% by 2030. It was the f...

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[Ticker] Juncker under attack in Hungary government ad

Hungary's government has launched a campaign against what it said were EU proposals that endangered Hungary's security, including distributing migrants across Europe based on a quota, giving visa to migrants, and altering member states' rights on borde...

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