Europe News Brussels rows back on plan to tax frozen Russian assets Seizing the money in retaliation for the Ukraine war could breach international law, officials worry 12/12/2023
Europe News Spain’s Nadia Calviño wins fight to head EU Investment Bank The finance minister’s victory over Denmark’s Margrethe Vestager comes after months of wrangling 08/12/2023
Business European governments seek to unshackle from UK financial infrastructure The EU is worried continual dependence on London-based financial clearing houses jeopardises bank stability 06/12/2023
Business EU on cusp of new money laundering rules Officials hope revamped laws will draw a line under a series of dirty money scandals 06/12/2023
Business Engie wins €128 million court tax fight The French energy company wasn’t given an unfair advantage by its arrangements in Luxembourg, judges ruled, dealing a blow to EU efforts to curb tax avoidance 05/12/2023
Economy Rivers, birds, culture: ECB selects motifs for new euro banknotes The EU's central bank is looking to shift from the windows and bridges that decorated the euro since its inception 30/11/2023
Climate UK introduces new eco-finance labels Four new sustainability badges will help consumers make green investments, the FCA says 29/11/2023
Business 'What's the point?' — EU lawmakers sink teeth into digital euro The ECB says issuing digital money will help it keep pace with technology — but some MEPs are unconvinced if not downright hostile 29/11/2023
Markets EU retail investment inducements ban in jeopardy Tougher consumer protection rules to encourage households to get into the stock market seem set to founder 28/11/2023
Economy EU court upholds anti-bailout banking rules for Spain's Banco Popular Judges ruled against investors who lost billions, in the first test of controversial banking laws 22/11/2023
Economy EU urges France, Germany to slash energy crisis spending A European Commission report spells the return of belt-tightening after years of crisis-driven largesse 21/11/2023
Business EU Russian sanctions stymied by complexity, poor enforcement Economic punishments for the Ukraine invasion are still too easy to avoid, some lawmakers say. 20/11/2023
Business EU’s football money-laundering plan inflamed by Chelsea claims Lawmakers say allegations of misdealing by ex-owner Roman Abramovich lend credence to their crusade against dirty money in sport, though others urge caution 17/11/2023
Climate ECB berates proposed EU bank carveout from corporate due diligence law Plans to exclude finance from EU environmental due diligence legislation aren’t going down well with supervisors in Frankfurt 14/11/2023
Europe Decoded Race to host EU’s money-laundering watchdog AMLA hots up Heft, geopolitics and money-laundering prowess are all coming into play as cities from Madrid to Vilnius jostle for a new agency 13/11/2023
Business EU Court touts re-run of Apple’s €13 billion Irish tax dispute A legal opinion offers support for the European Commission’s crusade against alleged multinational tax-dodging 09/11/2023
Business EU seeks to make 10-second instant bank payments a reality A legal deal struck late Tuesday could put an end to long waits to transfer money across borders 08/11/2023