EU continues to be a global leader on sustainable finance – EU Commissioner Hahn
More than three years after the first transaction of our NextGenerationEU (NGEU) Green Bonds, the EU has issued more than €65…
Environmental, social and governance ratings: EU Council adopts new regulation
The EU Council today adopted a new regulation on environmental, social and governance (ESG) rating activities. The new rules aim at…
Capital markets union: EU Council adopts revamped rules for EU clearing services
The EU Council today adopted new rules on clearing services that revise the European market infrastructure regulation and directive (EMIR).…
EU Commission issues €7bn in its 10th syndicated transaction of 2024
The European Commission has today raised €7 billion of EU Bonds in its 10th syndicated transaction for 2024, €3 billion of…
Insight EU Finance Monitoring Weekly 11 – 16 November 2024
Here are the headlines from last week’s Insight EU Finance Monitoring, published on Friday night. We provide the headlines with…
Malta: IMF staff concluding statement of the 2024 Article IV Mission
Malta has experienced remarkable growth over the past decade. Although growth is expected to moderate, staff anticipate that it will…
EU Budget 2025: MEPs reinforce EU programmes and manage borrowing costs
MEPs achieved increases for the 2025 EU budget and secured funds for helping EU countries facing climate-related disasters. Once the…
EU Budget 2025: EU Council position and background
The European Parliament and the EU Council have 14 days to formally approve the agreement reached. The Council is expected…
EU Bugdet 2025: EU Commission welcomes deal between Council and Parliament
The EU Commission welcomes today's agreement between the European Parliament and the European Council on the annual EU budget 2025.…
Autumn 2024 Economic Forecast: A gradual rebound in an adverse environment
After a prolonged period of stagnation, the EU economy is returning to modest growth, while the disinflation process continues. The…
EU auditors reviewed the EU Commission’s performance reporting
Every year, in its annual management and performance report (AMPR), the European Commission reports on how the EU budget is…
Ten years of European banking supervision: Voices of EU VIPs
In marking the 10-year anniversary of the Single Supervisory Mechanism (SSM), supervisory and finance officials as well as industry stakeholders…
Speech by U.S. Federal reserve Chair Jerome Powell on the economic outlook
"We are moving policy over time to a more neutral setting. But the path for getting there is not preset.…
November infringements package: Key decisions of the EU Commission
In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply…
Poland: EU Commission endorses 2nd and 3rd RRF payment request for €9.4bn
Today, the Commission has endorsed a positive preliminary assessment of Poland's payment request for the second and third instalments for…
Mind the gap: what it takes to finance a greener future – Op Ed by Christine Lagarde
Complacency in fighting climate change and preserving biodiversity is endangering our economic survival, writes President Christine Lagarde. The longer we…
Kosovo: IMF reaches staff-level agreement on stand-by arrangement and Article IV
An International Monetary Fund (IMF) mission, led by David Amaglobeli, visited Pristina during October 28 – November 11, 2024, to…
Insight EU Finance Monitoring Weekly 4 – 8 November 2024
Here are the headlines from last week’s Insight EU Finance Monitoring, published on Friday night. We provide the headlines with…
EIOPA recommends cushion against transition risks for insurers’ fossil fuel assets
The European Insurance and Occupational Pensions Authority (EIOPA) published today its final Report on the prudential treatment of sustainability risks…
Finland: IMF staff concluding statement of the 2025 Article IV Mission
Following a hard landing in 2023, Finland’s economy is beginning to rebound, with modest growth anticipated in 2025 and beyond.…
U.S. Fed lowers target range for the federal funds rate to 4.5 – 4.75 percent
In support of its goals, the Committee decided to lower the target range for the federal funds rate by 1/4…
EP Committee Hearing of EU Commissioner-Designate Maria Luis Albuquerque
The Monetary and Economic Affairs Committee questioned Maria Luis Albuquerque, candidate for the Financial Services and the Savings and Investments…
EIOPA factsheet: Increasing share of green investments in EU insurers’ portfolios
The European Insurance and Occupational Pensions Authority (EIOPA) collects and publishes comprehensive statistics on solo insurance undertakings and groups in…
Solvency II and IRRD: EU Council signs off new rules for the insurance sector
The new rules on Solvency II will boost the role of the insurance and reinsurance sector in providing long-term private…
EU Council greenlights the Netherlands’ and Czechia’s amended RRF plans
The EU Council today approved the Commission’s positive assessment of the Netherlands’ and Czechia’s amended recovery and resilience plans. According…
Main results of the EU Economic and Financial Affairs Council, 5 November 2024
The EU Council reached an agreement on the VAT for the digital age package, discussed the implementation of the Recovery…
Italy: New EIB-CDP agreement to provide €1 billion in support for public sector
A €500 million EIB guarantee will enable Cassa Depositi e Prestiti to provide new loans totalling €1 billion to public sector bodies.…
Outcome of the macroeconomic dialogue with the EU social partners
The EU Council presidency, the European Central Bank and the European Commission met with European social partners on 4 November…
Competitiveness: Main results of the Eurogroup on 4 November 2024
The Eurogroup took stock on the outcomes of the annual international meetings in Washington, DC. The chairs of the Single…
Insight EU Finance Monitoring Weekly 28 October – 1 November 2024
Here are the headlines from last week’s Insight EU Finance Monitoring, published on Friday night. We provide the headlines with…
BUSINESS
DIGITIZATION
EDITORIAL
Euro & Finance
Funding
SECURITY
SUSTAINABILITY
Taxation
TOP
Trade & Commerce
Background on the EU Economic and Financial Affairs Council on 5 November 2024
The EU Ecofin Council will seek an agreement on value added tax (VAT) in the digital age (VIDA): The package…
Sustainable finance: EBA, ESMA and EIOPA report on disclosures of principal adverse impacts
The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have published their third annual Report on disclosures of principal…
Insight EU Finance Monitoring Weekly 21 – 25 October 2024
Here are the headlines from last week’s Insight EU Finance Monitoring, published on Friday night. We provide the headlines with…
ESMA wants to streamline the prospectus area and seeks stakeholder input
The Consultation contains recommendations meant to facilitate European capital market activity by streamlining and reducing regulatory burden. In addition, it also puts…
Illicit Finance: Financial Intelligence Units discuss cooperation in Canada
The Symposium, held in Ottawa, Canada, brought together financial intelligence units (FIUs) and law enforcement agencies from Canada, the United…
Transcript of the IMF European Economic Outlook October 2024 press briefing
The IMF Press Briefing on the release of the European Economic Outlook was presented Alfred Kammer, Director of the European…
EU audits of EU agencies: Problems with procurement errors persist
While the majority of the 43 EU agencies managed their finances well in 2023, according to the annual audit report…
U.S. FinCEN alerts financial institutions to counter financing of Hizballah and its activities
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert to assist financial institutions in identifying and reporting…
EU budget for 2025 to focus on research, health, education, and climate action
MEPs set the overall level of commitment appropriations for the 2025 draft budget at almost €201 billion, €1.24 billion more…
EU Council greenlights up to €35bn assistance and G7 loan mechanism for Ukraine
The EU Council today adopted a financial assistance package to Ukraine, including an exceptional macro-financial assistance (MFA) loan of up…
Insight EU Finance Monitoring Weekly 14 – 18 October 2024
Here are the headlines from last week’s Insight EU Finance Monitoring, published on Friday night. We provide the headlines with…
IMF press briefing on the Global Financial Stability Report 2024
This transcript covers the IMF press briefing presenting the latest Global Financial Stability Report titled “Steadying the Course: Uncertainty, Artificial…
EU Commission attends World Bank Group and IMF Annual Meetings 2024
This week, EU Commissioners Paolo Gentiloni and Jutta Urpilainen are travelling to Washington DC to attend the 2024 Annual Meetings of the World Bank…
Swedish Finance Minister Elisabeth Svantesson: State of the Russian economy examined
Russia’s full-scale war against Ukraine continues with unabated intensity and far-reaching consequences for civilians. At the same time, Russia is…
EU Parliament approves up to €35bn loan for Ukraine backed by Russian assets
Strasbourg, 22 October 2024 The new loan is the EU’s contribution to the G7 support...
Letta: The single market is essential for the EU’s competitiveness and security
Former Italian Prime Minister Enrico Letta presented his report on strengthening the EU’s internal market, outlining key areas in which the single…
IMF: Five things you may not know about the IMF’s newest European member
Liechtenstein is a winter sports destination and the only doubly-landlocked country in Europe. Find out more about the IMF’s 191st…
Ukraine: IMF Executive Board completes 5th Extended Fund Facility review
The IMF Board today completed the Fifth Review of the extended arrangement under the Extended Fund Facility (EFF) for Ukraine,…
Claudia Buch on bank profitability: A mirror of the past, creating a vision for the future
The ECB's focus as supervisors is on sustained profitability to ensure banks’ business models remain viable over time. Profitability metrics…
ESMA launches survey on Legal Entities Identifiers (LEI)
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today a survey on…