Euro - ECB-Photo by Mika Baumeister on Unsplash

The euro has climbed above US$1.15 on the back of a softer US dollar, with an expected European Central Bank rate rise in September offering further support through a quiet August.

The European Parliament is calling on the European Council to postpone adopting the EU 2020 economic competitiveness strategy until the autumn, to give MEPs time to properly analyse the proposals.The…

The European Central Bank (ECB) is to begin work on the establishment of loan-by-loan information requirements for asset-backed securities (ABSs) in the Eurosystem collateral framework.Having analysed the positive feedback received…

An illegal cigarette factory in Vilnius, capable of producing at least 1000 cigarettes a minute, has been raided and closed down in an operation mounted by Lithuanian Customs supported by…