Finance

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

TI welcomes new transparency on EU fund beneficiaries but calls for more standardised information — 05 October 2008, 13:49 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Capital Requirements Directive - briefing — 02 October 2008, 22:38 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

CEA says financial turmoil confirms case for group supervision — 02 October 2008, 19:23 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Who gets EU funding? EC website gives details of beneficiaries — 02 October 2008, 17:17 CET

Today's launch of the "Financial Transparency system" website and search engine allows, for the first time ever, free access to details of who receives EU funds managed directly by the Commission and its executive agencies. Based on accounting data, it provides a consolidated view of the previous financial year and contains approximately 28.000 entries on Commission-run programmes in policy areas like research, education and culture, energy and transport and certain aspects of aid to third countries. This new search engine will allow users to analyse and compare information on beneficiaries and policy areas more easily. It is one of the building blocks in the Commission's wider European Transparency Initiative (ETI).

Europe tries to stave off disaster as US legislators debate bailout — 29 September 2008, 10:33 CET

The global financial crisis took a toll on Europe Sunday, with top officials scrambling to save Fortis bank and Britain reportedly planning to nationalize mortgage lender Bradford & Bingley.

Santander to buy B&B savings as UK govt confirms nationalisation — 29 September 2008, 10:31 CET

Spain's Santander said Monday it will take over the retail deposits and branches of troubled bank Bradford & Bingley as the British government confirmed that it was nationalising the banking group.

CEA statement following recent developments in the US — 16 September 2008, 22:42 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

SME finance: good news from the ECOFIN must not be offset by the EC — 15 September 2008, 21:08 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Interim forecast, September 2008 — 10 September 2008, 19:07 CET

As global headwinds intensify the prospects for economic growth in the euro area and the EU worsen and inflation has not yet started to moderate.

EU promotes economic integration in Andean Community — 31 July 2008, 23:32 CET

The European Commission has earmarked nearly €10 million for the Andean Community, a trade bloc comprising the South American nations of Bolivia, Colombia, Ecuador and Peru. The funds will be used to fuel economic integration across the region as well as to crack down on illicit drug use and trafficking.

Rating Agencies - EU single market — 31 July 2008, 21:03 CET

Internal Market - Securities and Investment Funds - Rating Agencies - European Commission website

CEA responds to EC consultation on Insurance Guarantee Schemes — 09 July 2008, 10:48 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Economic Reconstruction and Development in South East Europe — 04 July 2008, 14:01 CET

The Joint Office for South East Europe was set up in 1999 to support the European Commission and the World Bank in their Joint role as coordinators of international assistance for the reconstruction and development of South East Europe (SEE). The work of the office is underpinned by three core interrelated functions: Facilitating European Commission / World Bank / Donor Cooperation; Aid mobilization and monitoring aid flows to South East Europe; and Communicating and transferring knowledge and information to both the international community and the countries of the region.

How VAT works in the European Union — 04 July 2008, 13:46 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Inappropriate MCR calculation could threaten Solvency II regime — 10 June 2008, 23:21 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Financial inclusion - guide — 29 May 2008, 00:52 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Late payment reinforces the effects of the credit crunch — 27 May 2008, 20:16 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Financial Inclusion website — 23 May 2008, 15:01 CET

This website has been developed for the European study 'Financial Services Provision and Prevention of Financial Exclusion', financed by the European Commission, DG Employment, Social Affairs and Equal Opportunity led from January 2007 till March 2008.

European banks financing damaging agrofuels in Latin America — 19 May 2008, 23:34 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

European Banks welcome TEC Statements on Market Access — 15 May 2008, 00:37 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Commission issues Recommendation to strengthen confidence in statutory audit — 14 May 2008, 00:57 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

EU budget 2009: EUROCHAMBRES urges even more resources for 'competitiveness' — 08 May 2008, 00:52 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

2008 Convergence Report of the European Commission — 07 May 2008, 17:56 CET

The European Commission concluded on 7 May 2008 that Slovakia meets the criteria for adopting the euro and made a proposal to the Council to this effect. The regular Convergence Report on euro readiness, adopted by the Commission, shows that the other nine countries with a so-called 'derogation' have made progress on the road to the single currency, but do not yet meet all the conditions for euro adoption. The Council of EU finance ministers (ECOFIN) will take the final decision on the adoption of the euro in Slovakia in July, after Parliament has given its opinion and EU heads of state and government have discussed the subject at their summit meeting in June.

Report on fraud regarding non cash means of payments in the EU: the implementation of the 2004-2007 EU Action Plan — 30 April 2008, 00:20 CET

The European Commission has published a report on the actions undertaken on prevention of payment fraud between 2004 and 2007 following an Action Plan on this matter. This report shows that the security of means of payment and payment systems is a necessary condition for improving consumer confidence and trust in new payment services. From a regulatory point of view, the security of means of payment has been addressed in recent legislation, namely in Payment Services Directive, and also the third Money Laundering Directive by means of the "know your customer" obligations. The development of the Single Euro Payments Area (SEPA) by industry will provide an opportunity to build on the legislative framework to increase both security and trust.

CEA comments on key Solvency II issues — 28 April 2008, 22:31 CET

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.