Search Results for: European Union
Greece, Creditors Said to Need a Few More Days to Reach Aid Pact
November 9th, 2015
Update: Greece and its European Union creditors need a few more days to reach an agreement that would release an aid payment of 2 billion euros ($2.2 billion), according to an EU official with knowledge of the talks. The ...
Mark Carney: Prudent to Expect U.K. Rate Rise in 2016
November 6th, 2015
Bank of England governor comments in exclusive interview Says foreign investment key consideration in Brexit debate Mark Carney says Britons should be ready for a rate increase in 2016. “Would I rather have the majority of the British people ...
EU Commission: Autumn 2015 Economic Forecast
November 5th, 2015
Autumn 2015 Economic Forecast: Moderate recovery despite challenges The economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more ...
ESMA updates list of authorised CCPs
November 5th, 2015
The European Securities and Markets Authority (ESMA) has published an update of its list of central clearinghouses (CCPs) which are authorised under the European Markets Infrastructure Regulation (EMIR). The last update concerns CME Clearing Europe which has been authorised ...
Greece May Win 2 Billion-Euro Payout by Monday, EU Official Says
November 4th, 2015
Greek banks are said likely to need some rescue funds Extra 15 billion euros for Greek lenders seen as unnecessary The Greek government might win a delayed 2 billion-euro ($2.2 billion) aid disbursement by Nov. 9 and the country’s ...
Bitcoin Is Suddenly Surging Again
November 3rd, 2015
And there are various theories behind the rise. Bitcoin is back in the news, but this time it seems to be for all the right reasons. After a blockbuster 2013, the digital currency tumbled throughout 2014 on negative headlines, such as the February ...
Scariest Events from the Financial World: 2000 to Present
October 30th, 2015
It’s no secret that the global financial markets offers a ton of opportunity, but can be equally as scary. There are so many factors at play in the free flow of trillions of dollars each day that it’s ...
Putin Tests English Debt Law as Ukraine Feud Heads to London
October 29th, 2015
Dispute challenges IMF rules on lending to nations in arrears Court case would be `fabulous’ to watch, debt scholar says Russia and Ukraine are about to test the boundaries of sovereign-debt litigation in a dispute that could have far-reaching ...
Cyprus Bar Association face price-fixing challenge following a formal legal complaint
October 27th, 2015
A formal legal complaint against the Cyprus Bar Association at the European Competition Commission is planned by an organisation that is challenging the price-fixing of lawyers’ fees in Cyprus for out-of-court cases. A NEW organisation calling itself ‘Fairness in ...
Brussels orders EU countries to claw back ‘illegal’ tax rulings
October 22nd, 2015
Europe’s competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat Chrysler Automobiles. The move is a heavy blow to profit-shielding ...
