Search Results for: European Commission
‘Crop tourists’ predict record corn and soyabean harvests
August 29th, 2014
Every August, travellers with a high tolerance for monotony flock to the two-lane highways of the rural US Midwest. Tracing 1,000-mile routes across corn and soyabean fields, these participants in annual “crop tours” stop to measure ears, count bean ...
KPMG says EU bank reforms should be shelved
August 21st, 2014
Audit firm KPMG has written to Europe’s largest lenders saying a European Commission plan to separate banks’ consumer and investment-banking arms should be shelved, Bloomberg reported on Thursday. In an emailed statement KPMG said the proposal would not ...
ESMA welcomes the publication of the ESFS Review Report
August 8th, 2014
The European Securities and Markets Authority (ESMA) has welcomed the publication of the European Commission’s (EC) Report on the operation of the European Supervisory Authorities (ESAs) and the European System of Financial Supervision (ESFS). The EC’s Report, to the ...
ECB set to hold fire on rates, eyes risks from Ukraine conflict
August 7th, 2014
The European Central Bank is set to hold fire on rates on Thursday as it waits for earlier stimulus measures to gain traction, while keeping an eye on emerging risks from the conflict in Ukraine. The ECB cut interest ...
Bulgarian Government Urged to Solve Banking Crisis
August 5th, 2014
Bulgaria is dealing with its worst banking crisis since the 1990’s as the European Union and international investors have issued warnings about the fate of one of the country’s largest banks. The Bulgarian government is struggling to find a ...
Portugal will finance $6.6 billion to rescue Banco Espirito Santo
August 4th, 2014
It was a few months ago that Lisbon has exited an international bailout and now Portugal is planning to spend 4.9 billion euros in order to rescue Banco Espirito Santo its largest listed bank. The situation is definitely putting ...
Can Investment Save Europe?
August 1st, 2014
Economic growth in Europe remains disappointing. Virtually all European Union members are expected to post higher output in 2014; but, according to the International Monetary Fund’s latest projections, the average growth rate in the eurozone will barely exceed 1%. ...
Germany Objects To Canada-EU FTA
July 30th, 2014
The outcome of negotiations on a free trade agreement (FTA) between the European Union and Canada has been cast into doubt following objections raised by Germany. According to German newspaper Suddeutsche Zeitung, German government officials said that they could ...
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
EU regulators to decide on Oracle, Micros deal by Aug. 29
July 25th, 2014
European Union antitrust regulators will decide by Aug. 29 whether to clear world No. 2 software maker Oracle Corp’s (ORCL.N) $5.3 billion bid for Micros Systems (MCRS.O), the European Commission said on Friday. The deal, Oracle’s biggest in five ...
