English

In this July 23, 2007 file photo, signs for American Express, Master Card and Visa credit cards are shown on a New York store's door.

Business

Video. Why is Europe's break from Visa and Mastercard facing resistance?

Updated: 01/05/2026 - 12:01 GMT+2

The digital euro could arrive by 2029 — but a bitter battle between Brussels and the banks stands in the way.

Read full article

Top stories

Now playing Next

German minehunter heads to Mediterranean for possible Hormuz mission

Now playing Next

Latest news bulletin | May 4th, 2026 – Evening

Now playing Next

Cocoa prices drop: What happens to the farmers?

Now playing Next

World leaders arrive in Armenia for eighth EPC summit

Now playing Next

Merz–Trump clash deepens as European leaders meet in Armenia

Now playing Next

Roberta Metsola clashes with Azerbaijan's Aliyev at European summit in Armenia

Now playing Next

Celebrations as Modi’s ruling party poised to take control of India's West Bengal state

Now playing Next

No, Spain isn't handing out thousands of euros to newly regularised migrants

Now playing Next

EU moves to ban high-risk inverters from China over cybersecurity threats

Now playing Next

Competitors race and jump at Germany’s Hobby Horse Championship

ADVERTISEMENT

ADVERTISEMENT

More from Business

Business

Inside Europe’s Supply Chains: Why Companies Source From The UK

Business

Why investment in Caspian transit routes is crucial for energy security

Business

Tim Cook names successor as he steps down as Apple CEO

Business

All Dolce, no Gabbana? D&G co-founder quits as chairman amid €450m debt talks

Latest video

Europe News

EU and US trade chiefs to meet as tariff tensions escalate

Art

UK police return ancient artefacts to Centre of Islamic Civilisation after trafficking probe

No Comment

Czech competitor wins European Yo-Yo Championship in Bratislava

Iran

US launches 'Project Freedom' to escort ships through Strait of Hormuz

Europe News

Drone strikes Moscow building just days before Russia's Victory Day parade

Health news

Everything to know about hantavirus: Symptoms, spread and cruise ship outbreak details

No Comment

Humanoid robots deployed to direct traffic in China

Europe Today

Donald Trump's EU car tariffs ‘targeting Germany,’ says key German MEP

ADVERTISEMENT

Europe Today

Housing crises explodes: rents up by 60% in Europe

Europe Today

Watch: The 28th EU member? Why Canada is eyeing a closer bond with Brussels

No Comment

Participants compete to lure worms from the ground at quirky UK festival

Health news

Three people die on cruise ship in the Atlantic from suspected hantavirus infection

Europe Today

Europe Today: Merz–Trump clash deepens over US troop pullout as European leaders meet in Armenia

Europe News

World leaders arrive in Armenia for eighth EPC summit

No Comment

Massive sea lion “Chonkers” draws crowds in San Francisco

Sport

Judo: Heavyweights close Dushanbe in style

ADVERTISEMENT

ADVERTISEMENT