FRANKFURT – The European Central Bank (ECB) is widely expected to increase interest rates this week as escalating tensions in…
Category: Europe
ECB to Broaden Euro Liquidity Safety Net to Strengthen Global Currency Standing
MUNICH: The European Central Bank (ECB) has announced plans to widen access to its euro liquidity safety mechanism to central…
Dutch Court Orders Probe into China-Owned Chipmaker Nexperia
AMSTERDAM — A Dutch court has ordered a formal investigation into alleged governance failures at Nexperia, a semiconductor manufacturer owned…
EU cautions against Trump tariff threat linked to Greenland bid
BRUSSELS : European Union leaders have warned that US President Donald Trump’s threat to impose tariffs on European countries over…
Russia’s Central Bank Says EU Plan to Use Its Assets Is Illegal, Files Lawsuit Against Euroclear
MOSCOW: Russia’s central bank said on Friday that any attempt by the European Union to use its assets would be…
EU to Levy €3 Charge on Small Parcels to Curb Surge of Low-Cost Imports from China
Brussels — The European Union has agreed to introduce a flat €3 charge on all small parcels entering the bloc,…
EU Calls Emergency Talks Over China’s Rare Earth Export Curbs
BRUSSELS: The European Union is set to hold urgent discussions with key industrial sectors on Monday following China’s latest move…
Greek PM Flags Long-Standing Fraud in €3b EU Farm Subsidy Scheme
THESSALONIKI – Prime Minister Kyriakos Mitsotakis acknowledged on Sunday that widespread fraud linked to EU agricultural subsidies represents a “chronic…
Greece Rolls Out €1.6b Tax Overhaul to Ease Cost of Living Strain
ATHENS – Greek Prime Minister Kyriakos Mitsotakis has unveiled a €1.6 billion (US$1.87 billion) tax reform package, including sizeable income…
EU to Raise EIB Lending Cap to €100 Billion Amid Defence and Innovation Push
LONDON – The European Union is set to significantly expand the lending capacity of its financial arm, the European Investment…