European Commission to allow stablecoin interchangeability
The European Commission is set to clarify that the European Union’s crypto rules allow stablecoins issued by a company with an EU licence to be
EU eases state aid rules to boost green projects, cut carbon footprint
Businesses will find it easier to get state aid for projects aimed at cutting their carbon emissions and to switch to green projects while heavy
EU countries demand stricter controls on new CO2 price
Germany, the Czech Republic and 14 other countries have demanded the European Union introduce stricter price controls to the bloc’s new carbon market, over fears
HSBC, Goldman Sachs see Brent oil hitting $80-110 if Strait of Hormuz blocked
Brent crude oil prices could hit $110 a barrel if the Strait of Hormuz is blocked, Goldman Sachs analysts have forecast, while HSBC analysts see
Meta fends off authors’ US copyright lawsuit over AI
A federal judge ruled on Wednesday for Meta Platforms against a group of authors who had argued that its use of their books without permission to
Breaking the deadlock: a single supervisor to unshackle Europe’s capital markets union
The debate about a European Union single market for non-bank financial services goes back decades. In recent years, the economic and strategic case for the
The decline in non-tariff barriers to services trade and euro area competitiveness
Services are becoming increasingly important in global trade. This column shows that strong growth in services trade was driven by a decline in non-tariff trade
Global energy CO2 emissions reached record high last year, report says
Global carbon dioxide emissions from the energy sector hit a record high for the fourth year running last year as fossil fuel use kept rising
Geopolitical risk in the euro area
Geopolitical risk is a key concern for the euro area, yet most available measures reflect a US perspective. This column introduces a new indicator of
Export strength does not equal tech strength: Rethinking EU comparative advantage
Amid geopolitical shocks, the EU is revisiting its industrial strategy. However, traditional metrics often paint a misleading picture of Europe’s underlying strength. This column uses
