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 treated as interchangeable with those issued by a company’s non-EU entities, a source close to the matter said on Wednesday. The Commission will provide the clarification in the near future, […]
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 the policy will raise consumers’ bills, a document seen by Reuters showed. The paper, which has support from enough countries to form the “qualified majority” needed to pass EU laws, […]
Different options of what a European architecture for ECAs could look like, and how they could be leveraged to serve European public goods. Export credit agencies (ECAs) play an important role in international trade by providing derisking instruments that function as public assistance to companies engaging in international commerce. As the geopolitical environment has become […]
The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday. The EU is on course to reduce its net greenhouse gas emissions by 54% by 2030, […]
The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis Dombrovskis said on Monday. Dombrovskis did not mention the level to which the European Union would want the price […]
