BRUSSELS Euro zone economic growth halved in the second quarter and inflation slowed sharply in July, reinforcing market expectations that the European Central Bank will further ease monetary policy in September. | Video
CHANTILLY, France The governor of the Bank of England, Mark Carney, is unlikely to succeed Christine Lagarde as the boss of the International Monetary Fund, European officials said on Thursday, as the European Union was considering four other names for the job.
CHANTILLY, France, July 18 The governor of the
Bank of England, Mark Carney, is unlikely to succeed Christine
Lagarde as the boss of the International Monetary Fund, European
officials said on Friday, as the European Union was considering
four other names for the job.
BRUSSELS European Union leaders will this week urge the G20 to help reform the World Trade Organization in order to preserve a rules-based system which is under threat from an escalating trade war between China and the United States.
BRUSSELS European Union leaders told their finance ministers on Friday to sort out the sources of financing for a future euro zone budget as a matter of priority, but remained vague on the idea of a European bank deposit insurance scheme.
BRUSSELS European Union leaders will meet again on June 30 to seek agreement on who should inherit the bloc's top jobs - including the head of its central bank - after failing to get a deal in talks dragging into the small hours on Friday.
BRUSSELS, June 21 European Union leaders will
urge finance ministers on Friday to keep working on deeper euro
zone integration as flagship ideas such as a euro zone budget or
a deposit guarantee scheme either lack key elements or have not
progressed at all.
BRUSSELS Poland's new rules that lower the retirement age for judges, introduced in 2017, break European Union law, an advocate general for the EU's top court said in an opinion on Thursday in a blow to Poland's euro-sceptic government.
BRUSSELS The European Commission sought to boost the flow of private money to tackle climate change on Tuesday by publishing guidelines on what qualifies as environmentally friendly investment, in a move welcomed by the financial industry.