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Financial Services

Latest news and analysis on the intersection of financial policy, politics and regulation.
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Economic fears mount as Trump tariffs are snarled in court

The fear is that Trump will bristle at both adverse court rulings and perceptions on Wall Street that he’s ready to bail on his protectionist agenda.

May 30, 2025 6:00 am CET

Berlin drafts bill to tax digital platforms

“We consider a tax rate of 10 percent to be moderate and legitimate,” Germany’s culture minister said.

May 29, 2025 11:07 am CET

Slovakian Governor Kažimír convicted of bribery in fresh embarrassment for ECB

The governor of Slovakia’s central bank had been charged with bribing an official in 2016, while he was finance minister.

May 29, 2025 10:19 am CET

Trump’s not happy about Wall Street’s name for tariff flip-flops

He bristles at the acronym TACO, which stands for ‘Trump always chickens out.’

May 28, 2025 11:43 pm CET

Merz’s coalition agrees on policy program aimed at boosting Germany’s economy

The first formal meeting of coalition partners ends in success as the parties agree on a wide range of measures for the government.

May 28, 2025 10:19 pm CET

Countries face losing out on billions with EU set to reject Covid recovery fund extension

Italy, Spain and Poland among those at risk as European Commission prepares to say €650 billion scheme’s 2026 deadline is here to stay.

May 28, 2025 6:53 pm CET

Christine Lagarde discussed leaving ECB early to run Davos forum, founder says

Klaus Schwab says Europe’s top banker could take over the World Economic Forum by early 2027 “at the latest.”

May 28, 2025 12:15 pm CET

Document: EU to loosen rules for resold debt

The European Commission plans to make it easier for banks to invest in resold debt, known as “securitization,” under draft proposals to revise rules for the practice …

May 28, 2025 11:13 am CET

EU to approve Bulgaria’s euro bid

The country could join the single currency on Jan. 1, 2026, even as local concerns over adoption persist.

May 27, 2025 2:04 pm CET

EU is set to approve shifting Poland’s post-Covid funds to defense

Warsaw wants to use around €6 billion in EU money to build shelters and roads for tanks.

May 26, 2025 2:38 pm CET

France risks running out of cash for social spending, auditors say

Court of Auditors warned that a “liquidity crisis” could impact benefits payments as soon as 2027.

May 26, 2025 1:59 pm CET

Nicușor Dan starts nightmare new job as president of Romania 

Monday’s inauguration comes at a critical time for the Eastern European nation of 19 million amid the threat of credit rating downgrades, a budget deficit crisis and a loss of faith in democracy. 

May 25, 2025 5:00 pm CET
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French minister dials back suggestion to get rid of cash to fight drug dealing

Gérald Darmanin said the government lacked the “political means” to take such drastic action.

May 23, 2025 12:33 pm CET

Europe needs to go much further in slashing red tape, French minister urges

Benjamin Haddad says the EU has a window to act right now.

May 22, 2025 4:00 am CET

Commission exempts 38,000 companies from 8 EU laws

The EU executive is creating a new category of “small mid-cap” companies as it continues a deregulation push.

May 21, 2025 12:25 pm CET

German economy set for zero growth thanks largely to Trump, government advisers say

The stagnation is fueled by the U.S. president’s tariff war, says German Council of Economic Experts.

May 21, 2025 11:18 am CET

Brussels tries (again) to build its elusive single market

We’ve been here before. Will a Commission plan to tear down internal trade barriers work this time?

May 21, 2025 4:24 am CET

EU to Africa: No more free cash

The European Commission wants to strengthen the link between foreign aid and domestic priorities like energy and migration.

May 20, 2025 4:23 am CET

EU-UK defense pact saves the hard part for later

A further deal allowing U.K. companies to benefit from an EU plan to boost defense spending is still to be agreed.

May 19, 2025 8:52 pm CET

Macron announces €20B of fresh foreign investment amid economic turmoil

The French president is gathering CEOs from all over the world in Versailles.

May 19, 2025 2:16 pm CET

EU downgrades growth estimates after US trade war

U.S. President Donald Trump’s tariffs hit prospects.

May 19, 2025 11:09 am CET

EU and UK ink post-Brexit deal on security, fish and energy

Keir Starmer says Britain’s “back on the world stage” — but he’s facing scrutiny over a big compromise on fish.

May 19, 2025 10:38 am CET

EU eyes sanctions targeting Nord Stream and banking sector to pressure Putin

The measures will be discussed during a meeting of the leaders of more than 40 countries in Albania.

May 16, 2025 1:23 pm CET

Is Germany’s powerful finance minister in over his head?

Lars Klingbeil has rapidly risen to become one of his country’s most influential politicians. But the hard part is just beginning.

May 16, 2025 4:01 am CET
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