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European Commission

Unlucky Number 13: Is Slovenia Next in Line for a Bailout?

Luka Orešković | Posted 05.02.2013 | Business
Luka Orešković

While some hope of a miracle occurring in the coming months remains, so does the question of whether the new Slovenian government is willing to invest enough political capital to push through the necessary reforms before the capital markets decide to lock Slovenia out once again.

Cyprus: Europe Violates the Sanctity of Insured Deposits

Georges Ugeux | Posted 05.18.2013 | Business
Georges Ugeux

Europe has crossed the red line of the sanctity of insured deposits by making them subject to a partial confiscation.

Regulating Tobacco in Europe

Alberto Alemanno | Posted 05.04.2013 | World
Alberto Alemanno

While the proposal focuses predominantly on tobacco, it also extends the directive's scope to include products that do not contain tobacco, but nicotine, such as electronic and herbal cigarettes. Their marketing material must now carry health warnings.

Shocking Theory For Who's Behind Libor Scandal

Reuters | Posted 04.24.2013 | Business

PARIS, Feb 22 (Reuters) - The European Commission suspects the existence of cartels involved in manipulating lending benchmarks such as Libor and Eu...

Mars and Venus Don't Matter in International Trade

Daniel Caspary | Posted 04.08.2013 | World
Daniel Caspary

For sure, these talks won't be easy, as past spats over airplanes, hormone beef or chlorine chicken illustrated. But they will be a hell of a lot easier than any serious free trade talks with China or other Pacific nations.

The ICE Acquisition of NYSE Is a Failure for Europe

Georges Ugeux | Posted 03.16.2013 | Business
Georges Ugeux

It is now essential that Europe produces a deep, robust, transparent and effective pan-European cash equity market.

Female Scientists Parody Sexist Video

Bruce Hood | Posted 02.10.2013 | Science
Bruce Hood

In a well-intentioned move earlier this year to promote science to girls, the European Commission produced a video "Science:It's a Girl Thing." Ironically, the result was an appalling mix of female stereotypes.

High-Ranking Government Officials Hacked At Internet Security Conference

AP | RAPHAEL SATTER | Posted 11.10.2012 | Technology

LONDON -- A European official says her staff members were hacked when they joined her for a conference on Internet security in Azerbaijan. European C...

Women in the Boardroom: Will Quotas Work?

Marilyn Nagel | Posted 12.17.2012 | Business
Marilyn Nagel

Let's face it -- the number of women on boards is a problem, and everyone knows it. Even old-school companies with homogenous leadership understand the business case for increasing the number of women on boards.

EU Group Recommends Separating Consumers' Money From High-Risk Banking

Reuters | Posted 12.02.2012 | Business

* Liikanen group recommends structural change to make banks safer * Regulators at European Commission to consider the proposals ...

UK's Artist Resale Royalty Law Didn't Damage the Art Market (Despite All the Claims)

Daniel Grant | Posted 09.14.2012 | Arts
Daniel Grant

Buyers would stop buying contemporary artists, because they will refuse to pay the royalty at some point in the future; British sellers of this art would look to sell in Switzerland or the United States, where there is no royalty to be paid.

Europe Unveils Dramatic Plan To Solve Crisis

Reuters | Posted 11.11.2012 | Business

* Banking union plan would be step towards integration * Proposal foresees ECB getting powers to police banks * Germany ...

Who Will Determine Greece's European Future?

Mohamed A. El-Erian | Posted 10.31.2012 | Business
Mohamed A. El-Erian

Greek officials should certainly hope that collective European action will succeed in stabilizing these other two countries' economies. But they should also realize that too great a success could, ironically, map into a higher probability of a Grexit.

The EU's Attack on Citizens' Right to Know

James Thornton | Posted 10.29.2012 | World
James Thornton

The European Commission is engaged in a war against its citizens right to know. This might not strike you as a very important issue. On the contrary, it goes to the heart of democracy.

EU Reaffirms Climate Goal

Reuters | Posted 10.07.2012 | Green

BRUSSELS, Aug 7 (Reuters) - The European Commission urged the world on Tuesday to stick with a goal of limiting climate change to a maximum temperat...

Visa's International Fees Under Fire

AP | Posted 07.31.2012 | Home

BRUSSELS -- European Union officials say they have informed Visa that they have additional objections to its fees for cross-border card purchases. Th...

How Banks Are Trying To Avoid Rate Rigging Fines

Reuters | Posted 09.29.2012 | Business

BRUSSELS, July 30 (Reuters) - Several banks under investigation for suspected euro rate-rigging have joined Deutsche Bank in giving information to E...

Rate-Rigging Could Become A Crime In The EU

AP | SLOBODAN LEKIC | Posted 09.24.2012 | Business

BRUSSELS (AP) — The European Union proposed Wednesday to make manipulating key global interest rates a criminal offence. European Com...

European Commission vs. Google: That's It? That's All You Got?

Eric K. Clemons | Posted 09.17.2012 | Technology
Eric K. Clemons

While Google's executives initially offered a frosty response in public to the European Commission's position on its anticompetitive behavior, in private they must be celebrating up and down Google headquarters.

Bank Settles Lending Rate Manipulation Claims

Reuters | Posted 08.27.2012 | Business

* Largest fine ever imposed by CFTC, UK's FSA * Emails show traders asked for rates to be moved * U.S. g...

Robin Hood Tax: Economic Justice

Leo W. Gerard | Posted 08.25.2012 | Business
Leo W. Gerard

The American Robin Hoods are seeking economic justice. They want Congress to resurrect the financial transactions tax. Britain, home of Robin Hood, already charges a form of it. Ten European Union countries plan to institute it. America needs it.

Eurozone Leaders Considering Closer Integration

Reuters | Posted 08.24.2012 | Business

* European leaders set to discuss banking union * Document details four "pillars" of economic union * Le...

Video Pushing STEM For Women Sparks Outrage

Posted 06.24.2012 | Science

What's the deal with women and STEM? Though women fill close to half the jobs in the U.S. economy, they hold less than 25 percent of jobs in scien...

Financial Professionals Break Rank, Support Speculation Tax

Sarah Anderson | Posted 08.21.2012 | Business
Sarah Anderson

It's important to remember that the financial industry is not monolithic. I was reminded of this over the past couple weeks as I worked to persuade financial professionals to come out in support of small taxes on trades of stocks, bonds, and derivatives.

Spain Lifts Ban on Hooker Advertising

Tony Phillips | Posted 08.12.2012 | Weird News
Tony Phillips

Those seem like sound ideas to me, but they might be beyond the reach of the various governments in those countries where, much to the chagrin of the European Central Bank, citizens do still have the right to vote.