Euro zone banks not facing up to reality of downturn, ECB says
Euro zone banks have not yet fully faced up to the reality of an economic downturn, so finance industry supervisors will need to force them to be more conservative in managing capital, ECB supervisory chief Andrea Enria said on Thursday.
EU financial services chief calls for compromise on bank capital
European Union financial services chief Mairead McGuinness on Tuesday urged the bloc’s lawmakers to agree on bank capital rules to keep the sector resilient as it emerges from the pandemic and markets fragment due to war in Ukraine.
Exclusive: Senior EU officials were targeted with Israeli spyware
Senior officials at the European Commission were targeted last year with spy software designed by an Israeli surveillance firm, according to two EU officials and documentation reviewed by Reuters.
EU Parliament’s top group suggests blacklisting Switzerland after Credit Suisse leaks
The main political grouping in the European Parliament called on Monday for a review of Switzerland’s banking practices and for the country’s possible inclusion in the EU’s dirty-money blacklist after leaks of Credit Suisse (CSGN.S) documents.
Germany, Denmark seek more ambition from EU on green aviation fuel
European Union plans to require the aviation sector to use more sustainable fuels are not ambitious enough and the EU should let member states set their own tougher requirements, seven countries have said.
