Tag: European Central Bank

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Italy, EU face off over 2019 budget

EU INSTITUTIONS Theodoros Benakis -
It’s showdown. Italy re-submitted its draft 2019 budget to the European Commission – the same plan that was initially rejected by Brussels. The only...

Fraud scandal shuts down Malta’s Pilatus Bank

EU INSTITUTIONS Theodoros Benakis -
Malta's Pilatus Bank has been shut down by the European Central Bank after its chairman was arrested in the US on money-laundering charges. The European...

Merkel sets sights on EU Commission, not ECB presidency

EU INSTITUTIONS Theodoros Benakis -
The European Commission presidency – not the European Central Bank – tops Chancellor Angela Merkel’s agenda. According to the German newspaper Handelsblatt, Merkel is focusing...

Bulgaria nears euro zone entry bid

BULGARIA Theodoros Benakis -
Bulgaria’s Prime Minister Boyko Borissov announced on June 28 that his country will most likely apply to join the euro zone on July 14. As...

Bulgaria blames euro delay on ‘constantly changing’ demands

BULGARIA Theodoros Benakis -
The imposition of new requirements by the European Union and the European Central Bank is to blame for Bulgaria’s decision to postpone its euro-adoption...
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Progressive leaders unite in Barcelona to defend democracy amid Trump’s criticism of Spain

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European providers win €180 million tender for sovereign cloud solutions

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The European Commission is strengthening the EU's digital sovereignty...

Pope Leo XIV says ‘not in my interest at all’ to debate Trump but will keep preaching peace

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