World food commodity prices in August logged their largest monthly drop since December 2008, the United Nations food agency said on Thursday – unwelcome news for Europe’s struggling farmers. The Food and Agriculture Organization’s (FAO)...
Never before has an EU government done so much damage in so little time. In his first 100 days Alexis Tsipras has slammed shut every door and alienated his friends. But the chaos continues, writes...
There is a common misconception that the euro area is a monetary union without a political union. But this reflects a deep misunderstanding of what monetary union means. Monetary union is possible only because of...
The Transatlantic Trade and Investment Partnership (TTIP) is set to unite two of the worlds largest trading bloc in an union that promises great economic benefits. They are in process of negotiations but with many...
The European Union is gradually moving to a compromise on the Single Resolution Mechanism. It is intended to be agreed up before the end of the year to give the European Parliament time to debate...
Most EU Internet providers can pick and choose whether to block apps. But that’ll change with Brussels announcing wide-ranging reforms towards an “open” internet. Mobile roaming fees may also vanish. Have you ever returned from...
The European Commission has presented draft legislation aimed at taming the multi-trillion-euro shadow banking industry in the 28-member bloc. The idea is to make unregulated money market funds safer. The EU executive said the draft...
Japan has filed a trade complaint against new WTO member Russia over a fee the latter levies on car imports. Critics allege the tax is illegal, as the fee meant to cover recycling costs did...
Internet giant Google has been told to improve privacy for its clients by France’s data protection agency, CNIL, or face fines. The agency says Britain, Germany, Italy, the Netherlands and Spain plan similar action. France’s...
The US and EU have launched negotiations for a free-trade deal as the G-8 conference begins in Northern Ireland. A concession on creative pursuits helped to keep France on board. The first round of negotiations...
The biggest lender in debt-stricken Greece, the National Bank NGB, has announced that it raised the necessary amount of private capital to avoid nationalization. It secured even more money than required by law. The National...
EU leaders have have taken a major step to curb tax cheats, pledging to do more to stop companies actively avoiding taxes. The bloc’s latest actions pave the way to ending banking secrecy among its...
