European Commission

32 Posts

European Banking Union Takes Big Step with Banking Supervisor, but Difficult Decisions Remain

Claire Fargeot

As market observers will no doubt concur, nothing in Europe is ever straightforward. The European finance ministers finally reached an agreement on 13 December regarding the European banking supervisor. While this is welcome progress, questions remain unanswered, and some governments and their banks still have some difficult decisions to make. Read more

Leave a Comment

Financial Transactions Tax Gets Green Light — How Will It Impact Investors?

Europaflagge

On 22 January, European finance ministers approved a motion to allow 11 EU member states to proceed with proposals to introduce a financial transactions tax (FTT). The plans now go to the European Commission to develop the framework for the taxation, including the financial instruments, rates, and parties to whom it will apply. Read more

Leave a Comment