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While the recent failures of banks in the US and in Switzerland might give a new impetus towards a reform of the European bank crisis management and deposit insurance (CMDI) rules, opposition is likely to be strong, especially from Germany.
The European Parliament has adopted its position on the phase-out of F-gases, opting for a faster pathway, much to the consternation of business groups who are now turning to EU countries still deliberating their position.
Banks, insurers and fund managers are convinced McGuinness wants to ban ‘inducements’ to appeal to consumers.
EU efforts to keep green industries inside the bloc face blowback upon arrival.
BRUSSELS, Belgium -- The EU on Wednesday unveiled proposals including a controversial relaxation of state aid rules to counter the threat to European industry from US green subsidies and unfair competition from China. The bloc is racing to compete with the United States and China to avoid business