EUROPEAN UNION

The ECB has taken a series of measures to prop up the eurozone as lockdowns to slow the spread of the coronavirus have hammered economic activity

EU Warns 2020 Recession Will Be Deeper, 2021 Recovery Less Robust, Than Previously Thought

France, Spain, Italy are expected to shrink by more than 10% this year

Euro Banks Seek To Form Unified Pan-European Payment System To Challenge Visa, Mastercard

BNP Paribas

The project is expected to cost several billion euros.

German Govt Backs ECB Bond-buying After Court Showdown

The ECB's bond-buying is under attack from a German court

German govt backs ECB bond-buying after court showdown

Non-essential travel to the EU has been banned since mid-March, but only after member states closed their national borders in confusion and without coordination as the pandemic grew

EU Delays Decision On Border Reopening

EU delays decision on border reopening

More news

Reynders sparked a row back in 2015 when he wore blackface for a charity event

EU Racism Pledge Clouded By 'Blackface' Controversy

EU racism pledge clouded by 'blackface' controversy

US Trade Representative Robert Lighthizer (C) said US President Donald Trump will seek reform on WTO rules on tariffs

US May Hit $3.1 Billion Of European Imports With New Tariffs As Trade War Escalates

Price of beer and gin imports would double, and olives and trucks would cost more, too.

Hassan Nasrallah, the head of Lebanon's powerful Shiite movement Hezbollah, has urged followers to abide by government restrictions designed to combat the spread of coronavirus

Can China Instead Of The IMF Save Lebanon’s Crippled Economy?

Lebanon’s economy has been ravaged by plunging currency, paralyzing debt burdens

Back in the EU's crosshairs

EU Takes Aim At Apple In Landmark Antitrust Cases

EU takes aim at Apple in landmark antitrust cases

He was once compared to Cristiano Ronaldo

Eurogroup Chief Mario Centeno Steps Down

Eurogroup chief Mario Centeno steps down

UK-JAPAN TRADE TALKS

UK, Japan Begin Historic Trade Negotiations In A Post-Brexit Landscape

Bilateral trade between the U.K. and Japan amounts to $40 billion annually

A woman walks next to a hoarding marking the 45th anniversary of the fall of Saigon, in Hanoi

Vietnam Ratifies Free Trade Deal With European Union Amid Covid-19 Pandemic

The deal is expected to reduce poverty in Vietnam

Stock Market Investors Take Profits As ECB Boosts Firepower

Stock market investors take profits as ECB boosts firepower

The European Central Bank meeting is the first since a German Constitutional Court ruling on a massive bond-buyng scheme launched in 2015

ECB Ramps Up Eurozone Support As Pandemic Persists

ECB ramps up eurozone support as pandemic persists

The ECB has taken a series of measures to prop up the eurozone as lockdowns to slow the spread of the coronavirus have hammered economic activity

Eurozone Jobless Rate Rose To 7.3% April, But Data Skewed By Government Furlough Schemes

Overall data distorted by people who stopped looking for jobs

Fears of a breakup, known to insiders as 'redenomination risks'

ECB Warns Virus Response Could Renew Fears Of Euro Breakup

ECB warns virus response could renew fears of euro breakup

Venice, Italy

Coronavirus Update: European Countries Plan To Reopen For Summer Vacations

European Commission revealed May 13 a phased plan for reopening internal borders, airports, and hotels to allow some amount of leisure travel to resume in time for summer.

German Chancellor Angela Merkel, along with French President Emmanuel Macron, laid out plans for a massive European fund to fight the economic fallout from the coronavirus

Merkel, Macron Propose $545 Billion EU Recovery Fund, But Some Members Balk At Sharing Debt Burden

The funds would be issued as grants, not loans

The gloves are off

EU Court Says It 'Alone' Has Jurisdiction Over ECB

EU court says it 'alone' has jurisdiction over ECB

Seeking a 'diplomatic' solution with Germany's top court

Lagarde Says ECB 'Undeterred' By German QE Ruling

Lagarde says ECB 'undeterred' by German QE ruling

We can work it out

ECB's Lagarde To Seek 'Diplomatic Path' After German Court Ruling

ECB's Lagarde to seek 'diplomatic path' after German court ruling

European Commission chief Ursula von der Leyen has promised to help Italy in the fight against coronavirus

Coronavirus Impact: EU Economy May Shrink By 7.5% This Year, Worst Showing Since Great Depression

Before the virus emerged, the EU’s GDP was expected to rise 1.4% this year

There has been a boom in people seeking food assistance as people have been thrown out of work by measures to slow the spread of the coronavirus

Europe's 'Historic' Recession Threatens Eurozone Survival

Europe's 'historic' recession threatens eurozone survival

German constitutional court chairman AndreasÂ Vosskuhle ruled that the ECB must clarify a key element of its bond-buying scheme to support the eurozone economy

ECB Stands Firm After Shock German Ruling On Bond Buying

ECB stands firm after shock German ruling on bond buying

EU nations are still divided on how to finance measures to support the recovery of the bloc's economy

Fears Of 'Funny Money' As EU Preps Virus Recovery

Fears of 'funny money' as EU preps virus recovery

The eurozone economy will plunge into an unprecedented peacetime slump, the European Centra Bank has warned

ECB Ready To Reload As 'Unprecedented' Slump Hits

ECB ready to reload as 'unprecedented' slump hits

The ECB has taken a series of measures to prop up the eurozone as lockdowns to slow the spread of the coronavirus have hammered economic activity

ECB Says Ready To Reload In Fight Against Virus Impact

ECB says ready to reload in fight against virus impact

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