LONDON - The proposed tax on financial transactions in 11 European Union countries complies with EU and international laws, the bloc's executive said, hoping to revive the flagging project.
BRUSSELS - The European Union took steps on Wednesday towards lifting visa requirements for Turkish citizens, in a move underscoring a new thaw in relations between Ankara and the 28-member bloc.
BRUSSELS - Euro zone governments have set aside almost no money to make good on their promise to recapitalize ailing banks after a health check next year.
BRUSSELS - The European Commission said on Wednesday it had opened an in-depth investigation to determine whether Belgium's system of tax relief for companies related to research and development was in line with EU state aid rules.
BRUSSELS - Dutch lender Rabobank was not part of a cartel of six banks involved in rigging of financial benchmarks, the European Union antitrust chief said on Wednesday.
- The European Commission on Wednesday fined eight financial firms a total of 1.7 billion euros ($2.3 billion) for allegedly participating in illegal cartels related to benchmark interest rates.
FRANKFURT - Deutsche Bank said it has set aside enough money to cover most of the 725 million euro ($985 million) fine levied by the European Union against the bank for its role in rigging benchmark lending rates.
LONDON - Negotiations over sweeping changes to European Union securities market rules enter what may be the final stretch on Wednesday with several key elements already agreed.
BRUSSELS - U.S. Secretary of State John Kerry urged the Ukrainian government on Tuesday to "listen to the voices of its people" after President Viktor Yanukovich's decision to spurn a pact with the European Union sparked mass protests.
MSZANA, Poland - When Poland started handing out billions of euros worth of contracts for a wave of road-building five years ago, everyone was meant to benefit. But a project that should have been a bonanza for Europe has turned into "a slaughter house for Polish and European firms". Full Article
PARIS - If European policy elites could choose the next head of the EU's executive, Pascal Lamy, the Frenchman who stepped down as head of the World Trade Organisation in July, would be near the top of most people's list. Full Article