Skip to content. | Skip to navigation

Personal tools
Sections
You are here: Home topics Finance
Document Actions

Finance and Monetary Affairs in the EU

Latest news on economic and monetary affairs in the European Union.

Revised shareholders' rights directive 14 March 2017, 17:35 CET
The European Parliament approved on 14 March a report on the revision of the EU shareholders' rights directive. The final adoption step will take place in the European Council shortly. The directive will enter into force two years after its publication in the official journal.

Gender pay gap persists, women earn 16.3% less than men 09 March 2017, 23:40 CET
A report on gender equality to mark International Women's Day on Wednesday shows that despite women's employment rate reaching an all-time high, women still earn 16.3% less than men across Europe.

ECB cash injections for polluters must stop, 70 NGOs demand 08 March 2017, 23:20 CET
Ahead of the European Central Bank's monthly monetary policy meeting, 70 European civil society organisations call on the bank to stop aggravating climate change through its opaque ‘quantitative easing’ investments in polluting industries.

European Regional Competitiveness Index 03 March 2017, 11:38 CET
Regional competitiveness is the ability of a region to offer an attractive and sustainable environment for firms and residents to live and work. Launched in 2010 and published every three years, the Regional Competitiveness Index (RCI) allows regions to monitor and assess their development over time and in comparison with other regions.

Record high for EU agri-food exports in 2016 27 February 2017, 13:51 CET
The European Union had an agri-food trade surplus of EUR 18.8 billion in 2016, according to a Commission report, with the annual value of agri-food exports reaching a new record level at EUR 130.7 billion.

Germany can do more to help eurozone, says EU 23 February 2017, 22:35 CET
With its persistently high current account surplus, Germany could do more to help the eurozone economy, the European Commission said Wednesday in its annual analysis of EU Member States' economies.

Creating stability in an uncertain world - Speech by Peter Praet 23 February 2017, 15:43 CET
Speech by Peter Praet, Member of the Executive Board of the ECB, at the conference "Brexit and the implications for financial services" jointly organised by SUERF and hosted by Ernst & Young, London, 23 February 2017

Austria misrepresentation of government debt data 23 February 2017, 13:37 CET
The European Commission adopted a proposal for a Council implementing decision on 22 February for Austria to pay a fine of EUR 29.8 million for the misrepresentation of some government debt data.

EU tightens screw on corporate tax dodgers 22 February 2017, 23:18 CET
The EU continued its fight to close tax avoidance loopholes Tuesday, as finance ministers agreed their position on rules to close down 'hybrid mismatches' with the tax systems of third countries.

Country Reports: findings from in-depth-reviews by Member State 22 February 2017, 23:10 CET
The 27 Country Reports (for all EU Member States except Greece, which is under a dedicated stability support programme) provide an annual analysis by Commission staff of the situation in the Member States' economies, including where relevant an assessment of macroeconomic imbalances.

EU-Mongolia Framework agreement - factsheet 21 February 2017, 14:00 CET
The European Union is intent on supporting Mongolia in its continued political and economic reform path, as a valuable partner for the EU in Asia.

Concerns raised over European Parliament robotics report 16 February 2017, 22:29 CET
Following the European Parliament’s plenary vote today to approve its legal affairs committee report on civil law rules on robotics, Nicolas Jeanmart, head of personal insurance, general insurance and macroeconomics at Insurance Europe, said:

High uncertainty surrounds EU growth forecasts 15 February 2017, 00:27 CET
The economy in Europe will continue a resilient recovery, according to the EU's winter forecast, but uncertainty from the U.S. and from Brexit is likely to muddy choppy waters.

3 Key Strategies For The Forex Day Trader 08 February 2017, 22:27 CET
Many Forex traders are thrilled by the prospect of intraday trading. Intraday trading refers to the strategy of opening and closing trades on the same day. While the Forex market is volatile, there is only so much it can move in one day. Therefore, Forex day traders have to take risks in order to make any real profit.

Solvency II one year on: successfully implemented, but excessive conservativeness risks harming consumers, long-term investment and economy 01 February 2017, 17:31 CET
The many layers of conservativeness built into the design of Solvency II and its tendency to treat insurers like traders instead of long-term investors could harm consumers, long-term investment and the economy. As such, policy-makers need to take action to make the framework more reflective of reality, according to Insurance Europe, the European insurance and reinsurance federation.

ECB Greek debt exchange scheme lawful: EU Court 26 January 2017, 18:28 CET
The ECB is not bound to make good losses allegedly sustained in 2012 by commercial banks holding Greek debt instruments in connection with restructuring of Greek debt, the EU's top court ruled Tuesday.

Improving the EU financial instruments: AECM and UEAPME present their proposals for the EU mid-term review 26 January 2017, 18:04 CET
Today, on the occasion of the upcoming mid-term review of COSME and InnovFin, UEAPME, the European Association of Craft and SMEs, and AECM, the umbrella organisation of guarantee institutions in Europe, publish a joint position paper detailing their requests for improving the guarantee instrument.

Libya: Economy Overview 25 January 2017, 23:33 CET
Libya's economy is structured primarily around the nation's energy sector, which generates about 95% of export earnings, 80% of GDP, and 99% of government income.

Kosovo: Economy Overview 25 January 2017, 22:19 CET
Kosovo's economy has shown progress in transitioning to a market-based system and maintaining macroeconomic stability, but it is still highly dependent on the international community and the diaspora for financial and technical assistance.

Israel: Economy Overview 25 January 2017, 21:19 CET
Israel has a technologically advanced market economy.

EU sets sights on new stimulus for capital markets union 22 January 2017, 23:57 CET
The European Commission launched a public consultation Friday with a view to developing faster and more ambitious progress towards a Capital Markets Union (CMU).

MEPs reject weak Commission money-laundering blacklist 22 January 2017, 12:33 CET
MEPs voted Thursday to reject the EU Commission's blacklist of countries deemed to be at risk of money laundering and terrorist financing, saying the list was too limited, and should be expanded.

New debt recovery rules enter into force 18 January 2017, 23:49 CET
Businesses, particularly small and medium-sized enterprises (SMEs), will be able to benefit from new EU rules to recover debt from debtors in other EU countries which came into force on Wednesday.

European Account Preservation Order - faster, cheaper and more efficient debt recovery 18 January 2017, 23:41 CET
Around 1 million smaller business (SMEs) in the EU face problems with cross-border debts. This is about EUR 600 million lost every year for these small companies.

Preservation of bank accounts 18 January 2017, 23:25 CET
Current fragmentation of national rules on enforcement severely hampers debt collection within the EU. Creditors seeking to enforce a civil court order in another EU country are confronted with different legal systems, procedural requirements and language barriers which entail additional costs and delays. Regulation 655/2014 establishing a European Account Preservation Order procedure ("EAPO") establishes a new uniform European procedure for the preserving of bank accounts, which will allow creditors to preserve the amount owed in a debtor's bank account located in the EU.