Tag: European Union
What led Eurozone banks to abandon EPI plans
Initially backed by 31 major Eurozone banks, the EPI has abandoned its agenda of creating a pan-European payments scheme, rivaling global payments processors. Having...
Dollar became the strongest in five years
The upcoming Federal Reserve meeting is slowly leading to a rise in demand for the US dollar. The markets expect the Fed to announce another...
Is the Russian energy crisis an energy opportunity for Europe?
It is a well-known fact that the world has been struggling with an energy crisis for several months now. The war between Russia and...
Three European countries to start producing hydrogen
A consortium of companies from Portugal, Denmark and the Netherlands will build a more than $1 billion green hydrogen production facility in Portugal. The hydrogen...
Beneficial ownership registering can combat money laundering
Creating beneficial ownership registers is an important step in combating money laundering and evasion of sanctions but it has to be done in tandem...
The European Union’s economy grew by five percent last year. But...
The European Union and eurozone economies grew by 5.2 percent last year. But last quarter's data suggest that Europe's largest economy is on the brink...
The European Union will support investment in chip production. Its share...
Tens of billions of euros are to be invested in chip production in the European Union to counter the shortage of components that are...
The United States and the European Union are negotiating gas supplies...
If the current tensions between Russia and Ukraine turn into an open military conflict, Russian gas supplies to Europe may begin to stagnate. The Member...
The Nord Stream 2 pipeline will not be launched until the...
No decisions will be made on the Nord Stream 2 pipeline in the first half of 2022. This was stated on Thursday by Jochen Homann, president of the German transmission system regulator Bundesnetzagentur.
The Italian economy will grow by six percent this year, the...
The gross domestic product of the Italian economy is expected to increase by six percent this year. This is a better outlook than expected for...
