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finance

EU ministers need more time to agree on new fiscal rules

European Union finance ministers moved closer to an agreement on new EU fiscal rules early on Friday after eight straight hours of talks, but...

German court deals blow to Scholz government with budget ruling

The German government faces a 60 billion euro hole in its finances after the country's constitutional court ruled on Wednesday that a plan to...

Investors see trouble ahead after Europe’s stellar first quarter

Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging economic backdrop that includes surging inflation and rising interest rates,...

Central banks signal end of bank turmoil with cut in dollar funding line

The world's top central banks are cutting the frequency of their dollar liquidity operations with the U.S. Federal Reserve from May, sending the clearest...

European stocks slide as Credit Suisse buyout fails to soothe investors

European stocks fell on Monday and shares of Credit Suisse dived more than 60% after UBS agreed to buy the troubled bank in a...

Germany’s Scholz calls for EU to complete banking integration

German Chancellor Olaf Scholz said the European Union needs to tighten the integration of its banking and finance sectors to bolster a transition to...

German finance ministry firmly rejects new EU common debt

Germany's finance ministry firmly rejected proposals on new European Union joint debt on Thursday, saying such a move, backed by France and European Council...

Germany to host G7 finance meeting from May 18-20

Germany will host the main finance meeting of its presidency of the Group of Seven (G7) economic powers from May 18-20, the Rheinische Post...

London banking job exodus to EU slows despite Brexit

The number of finance jobs shifting from Britain to the European Union due to Brexit is less than initially expected despite billions of euros...

BVB’s financing rounds exceed €1.5bln in the first 10 months

The Bucharest Stock Exchange (BVB) announced on Monday that the financing rounds carried out through BVB exceeded €1.5bln and it stated that in the...