The European Central Bank has proposed major reforms to simplify the EU’s banking rulebook, aiming to streamline supervisory requirements without reducing overall capital burdens. The ECB argues that reducing complexity should not weaken financial resilience, despite industry pressure for lighter regulations as seen in the U.S. and UK. The plan centres on merging several
Russia has informed the United Nations, Turkey, and Ukraine that it will not extend a crucial grain deal that allowed Ukraine to export grain through the Black Sea. Kremlin spokesperson Dmitry Peskov stated that the agreements had effectively ended on Monday. The deal permitted cargo ships to pass through the Black Sea from the Ukrainian […]
The EU lawmakers, on Wednesday had approved a low that allows Britons visa-free visits even after a “no deal” Brexit. Severe disputes had been occurring over the status of Gibraltar. The law already had the backing of member states. Even though Britain is about to leave the EU almost by next week, the law allows […]
The EU Commission had insisted EU states for tight checking on non-EU nationals with ‘golden passports’ through investments. The commission says that the granting of ‘golden visas’ might be leading to tax evasion, money-laundering and other forms of corruption. So, a thorough checking is being planned for the schemes regarding ‘golden
The European Commission pushed back plans to end individual member states’ veto power on the introduction of a proposed tax on digital revenues by five years to 2025. The EU executive suggested that the EU states should take an immediate decision on ending the veto or not, particularly in some sectors such as environment levies. […]




