3 September 2010, 11:08 am
European Union governments gave their approval to an overhaul of the way banks and markets in the region are supervised. However, they warned that new pan-European Union watchdogs would need to exercise their powers cautiously... Read More »
2 September 2010, 2:24 pm
The European Union reached a long-awaited agreement on reform of financial supervision, paving the way for the establishment of three pan-EU watchdogs to oversee controls on banks and insurers in the region from next year... Read More »
2 September 2010, 2:19 pm
Sebastian Vladescu was forced to step down as the prime minister shook up his cabinet in response to huge political pressure over the government's unpopular austerity measures... Read More »
1 September 2010, 2:53 pm
'Definite possibility' of agreement on how to reform the EU's patchy system of financial supervision, including the establishment of pan-EU watchdogs for the banking, insurance and financial market sectors... Read More »
1 September 2010, 10:59 am
Corporates argued forcing them to process OTC derivatives trades through clearing houses would cause a huge drain on cash, possibly hurting European economic growth prospects... Read More »
29 August 2010, 5:49 am
Pakistan may get trade concessions from the EU to help it's economy recover from devastating floods that have displaced millions of people and devastated the vital cotton crop... Read More »
27 August 2010, 1:50 pm
Postponing cuts in public and private sector debts would risk a Japanese-style 'lost decade', the European Central Bank president warns... Read More »
26 August 2010, 11:29 am
European bank regulators have overhauled their guidelines on industry stress testing, after last month's tests on 91 institutions were criticised for not being tough enough... Read More »
25 August 2010, 2:59 pm
Prime minister urges European Commission to ensure EU aid to Romania is used to integrate its 1.7m Roma minority... Read More »
24 August 2010, 10:47 am
Iceland's fishing industry has vowed to press ahead with its bumper mackerel catch in spite of an escalating dispute over the fish that threatens to damage the country's bid to join the European Union... Read More »