Search Results for: European Council
The evolution of electricity prices within the European Union; The countries with the highest and lowest electricity prices
November 21st, 2016
Eurostat has published stats regarding the evolution of electricity prices both for industrial and household consumers within the European Union (EU), but includes also price data from Norway, Liechtenstein, Iceland, former Yugoslav Republic of Macedonia (FYROM), Albania, Bosnia and Herzegovina, ...
European Commission invites European Supervisory Authorities to amend KID documents for investment products
November 14th, 2016
The European Supervisory Authorities (ESAs) – the European Banking Authority (EBA), European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA) – have received a letter from the European Commission setting out the amendments it ...
Seven worrying trends in the European refugee crisis
October 20th, 2016
As part of his final UN General Assembly, President Obama hosted a leaders’ summit on refugees. In his speech he termed the global refugee crisis one of ‘the most urgent tests of our time’. But the list of commitments coming ...
Theresa May lays out Brexit timetable for leaving the European Union
October 3rd, 2016
The PM says the UK will quit the EU “whether people like it or not” and there will be “no unnecessary delays” in negotiations. Theresa May has said she will trigger the formal process for the UK to leave ...
European Central Bank leaves interest rates unchanged
September 8th, 2016
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and ...
EBA CLEARING makes available specifications for its pan-European instant payment solution
August 1st, 2016
Payment service providers across Europe are now able to prepare for connecting to this new real-time infrastructure platform from as early as November 2017 The objective of the Company’s instant payment project is to deliver a liquidityefficient pan-European instant ...
EU Council adopts new rules on Corporate Tax avoidance
July 15th, 2016
On 12 July 2016, the Council adopted new rules addressing some of the practices most commonly used by large companies to reduce their tax liability. The directive is part of a January 2016 package of Commission proposals to strengthen rules ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
The European Central Bank keeps key interest rates at historic lows
June 2nd, 2016
The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of its usual ...
EU Council confirms securities market rules MiFID II delay
May 20th, 2016
On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay to new securities market rules. The one-year postponement of the transposition and application dates will ...
