The European Commission has blocked the merger of London Stock Exchange Group and Deutsche Boerse. A move expected after LSEG refused to sell its stake in Italian trading venue MTS. “The divestment of MTS, a comparatively […]
The European Commission issued a cautiously optimistic economic outlook. It is raising its 2017 eurozone growth forecast to 1.6% from 1.5%. At the same time, Economic Affairs Commissioner Pierre Moscovici said Europe must be prepared […]
The European Commission is expected to propose rules requiring foreign global systemically important banks operating in the EU to hold greater levels of capital and liquidity to prevent European governments from footing the bill should […]
Sundar Pichai (GOOG, GOOGL) and Margrethe Vestager, the agency’s competition commissioner, will meet on Friday. Guenther Oettinger, the European Commissioner for Digital Economy and Society, will also be in attendance. Pichai had formerly met with both earlier in […]
Progress on the second review of Greece’s bailout is “showing signs of being extremely positive,” said Pierre Moscovici, chief of economic affairs at the European Commission. A broad agreement could be reached by year-end, he […]
The European Commission says that Ireland’s reduction of Apple tax violates EU law and that Apple must pay €13 billion in back tax plus interest. Apple received preferential treatment that gave it an unfair advantage […]
The European Commission is getting ready to spend up to €350,000 on examining whether internet-based fintech startups pose a threat to the stability of traditional banks and other financial firms. Growing investment in fintech “can […]
The European Commission has agreed to cancel budget fines for Spain and Portugal and set new deadlines for the countries to rein in their excess deficits despite them breaching EU limits in 2015. Spain will […]
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