The AFG, the French fund association, has issued a strong statement describing the "devastating consequences" of the proposed Europe-wide Financial Transaction Tax (FTT) on the local asset management sector.
The European Council discussions around banking union and future regulation of Europe's banking sector have been outlined by European Commission president Barroso and European Council president van Rompuy in a Q&A session.
Speaking at today's Tripartite Social Summit, European Council president Herman van Rompuy and EC president Manuel Barroso stressed the focus on growth needed to match austerity measures currently in place across the region.
Technology provider Cinnober Financial Technology has criticised moves by the European Parliament to curb high frequency trading, saying they are ‘populist' and backed by ill-informed politicians.
The European Parliament's plenary session in Brussels today voted overwhelmingly in favour of new rules governing the derivatives market, encompassing both OTC and non-OTC derivatives.
Banks will not be hit with a capital charge for credit value adjustment (CVA) on trades conducted with European debt management offices and central banks under proposed amendments to European bank capital rules.
European Union heads of state or government unanimously re-elected Herman Van Rompuy as president of the European Council for a second term of two and a half years from June 2012 to November 2014.
Wer Macht hat, hat auch eine Verantwortung - kurz gefasst war das die Rede gestern des Praesidenten des European Council, als er den Deutschen sagte, sie spielten dank ihres Vermoegens "eine besondere Rolle" in Europa.
Avtalet som slöts i Bryssel igår säkerställer Sveriges intressen, och leder till en resa för de berörda euroländer liknande den som Sverige tagit de senaste 10-15 år, mot bättre statsfinanser och en krympande statsskuld säger Fredrik Reinfeldt.
Italy could be downgraded by a further two notches, said a senior Fitch Ratings director in Milan. Fitch had earlier said that it could cut Italy’s rating at the end of January.
The politicians in Rome are getting restive, raising concern about the continued survival of the reforms being introduced by the new government. Separately, Italy has been described as the frontline for the battle to save the euro because, unlike the...
The European Council has adopted a decision appointing Benoît Coeuré (France) to the executive board of the European Central Bank (ECB) for a term of eight years.
Herman Van Rompuy, president of the European Council, defends the decisions made by the majority of euro area leaders at the December 9 summit, while acknowledging the negotiation of an intergovernmental treaty to make the fiscal compact binding “will...
Listen to extracts of the preliminary remarks by Herman van Rompuy, president of the European Council, on the intergovernmental treaty.
European leaders have abandoned plans for bondholders to bear the brunt of sovereign debt collapses, following talks overnight to tackle the eurozone crisis.
Herman Van Rompuy, president of the European Council, underlines the key agreements made at the first session of the European Council, including a new approach to private sector involvement and a fiscal compact for the eurozone.
Jerzy Buzek, European Parliament president,has commented on the results of Spanish elections, and the victory of the People's Party.
Agreement between the European Commission and the European Parliament on the EU's budget for 2012 has been swifter than usual, but commissioner Janusz Lewandowski has issued a warning that the 1.86% increase may leave Europe's administrators without enough...
Brussels correspondent Luisa Porritt finds dispirited policymakers battling for the heart, and future, of Europe
President of the European Council Herman Van Rompuy criticises certain countries' tendency to forget growth in the Eurozone is a global responsibility, while encouraging the developed world to better engage the BRIC economies. His speech was given at...