Tag: financial services

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Brexit: EU completes preparations for possible “no-deal” scenario

EU INSTITUTIONS Theodoros Benakis - March 25, 2019

As it is increasingly likely that the United Kingdom will leave the European Union without a deal on 12 April, the European Commission has...

UK, Brussels lock horns over financial services

EU INSTITUTIONS Theodoros Benakis - July 31, 2018

Some 7,000 European-based investment funds that rely on British clients for their cash and profits will be hit by regulators if European Union changes...

Cheap cross-border euro payments everywhere in the EU

EU INSTITUTIONS Theodoros Benakis - March 29, 2018

Plans to make cross-border payments in euro cheaper across the entire European Union were tabled by the European Commission on March 28. Under current rules,...

Reducing risk in EU banking sector

EU INSTITUTIONS Theodoros Benakis - March 15, 2018

The European Commission on March 14 tabled a package of measures to tackle non-performing loans in Europe. It is delivering on the Council's Action...

The making of EU’s Capital Markets Union

EU INSTITUTIONS Theodoros Benakis - March 13, 2018

Taking a major step towards the development of a Capital Markets Union (CMU), the European Commission is promoting alternative sources of financing and removing...

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