Financial Services

Trump threatens large-scale sanctions, tariffs on Russia in push for cease-fire
In a post on Truth Social, Trump put pressure on the country that so far has faced little public pushback from his administration.

Parliament to probe EU grants to Shell, VW and migrant NGOs

Germany’s Merz has 2 weeks to deliver historic spending revolution

EPP calls for fast-track vote on omnibus simplification bill next week

Germany splits with former frugal allies in push to boost EU military spending

ECB cuts deposit rate again as Europe heads into uncertain future

Markets are hungry for EU war bonds
Germany wants looser EU fiscal rules to meet Europe’s defense challenge
Once Europe’s most influential fiscal hawk, Berlin is now leading the charge for greater fiscal flexibility.
France warms to idea of seizing Russian assets in Europe
Paris is looking into whether Russia’s €200 billion can be used to guarantee new loans to Ukraine.
France floats taxing the rich to fund military buildup
To raise money for an increase in defense spending, Paris is looking at tapping into “those with substantial savings.”
EU pushes emergency plan to send €150B in defense loans to governments
Hours after Trump suspends aid to Ukraine, von der Leyen unveils blueprint to help countries rearm and send weapons to Kyiv.
Trump’s ‘indecency’ endangers transatlantic alliance: French PM
François Bayrou calls U.S. president’s treatment of Zelenskyy “a staggering scene marked by brutality.”
EU leaders fear Commission power grab on defense after Trump’s exit
Tensions around defense spending will take center stage during an emergency meeting of EU leaders on Thursday.
Internal backlash saved EU green finance rules from extinction
Controversial move to make green investment standards voluntary sparked “huge fight” within the EU executive.
Brussels confirms dramatic U-turn on corporate green rules
4 of 5 companies would be exempt from EU corporate sustainability reporting as part of Brussels’ anti-red tape drive.
Brussels pitches €100B for grand plan to boost made-in-EU clean manufacturing
The strategy is a response to mounting competition from China and the U.S. and argues Europe can win on green technology.
Big EU countries push expanded carbon border tax to help repay Covid debt
France, Italy and Poland support the move, but others fear it might prompt Donald Trump to retaliate in anger.
Von der Leyen floats EU effort to finance missiles, ammunition and air defense
Eyeing Donald Trump and Vladimir Putin, Europe scrambles to ramp up production of military equipment and boost its defense capabilities.
Greece says EU’s central bank could play role in Europe’s defense crisis
Greek central bank chief says the ECB can discuss support for the defense industry if the EU declares higher spending is a goal.
EU eyes €200B secret weapon as Trump dominates Ukraine peace talks
Europe has significant leverage after being left out of key talks on ending the war in Ukraine, but will it use it?
EU eases sanctions on Syria
The relief aims to support “an inclusive political transition in Syria,” says Council of the European Union.
Brussels plans sweeping cuts to EU’s green rules, leaked bill reveals
Many businesses would be exempt from complying with sustainability reporting under the hotly anticipated omnibus proposal.
US deregulation drive is ‘dangerous,’ French central bank chief warns
The push by the Trump administration creates a “big risk” for financial stability, Bank of France Governor Francois Villeroy de Galhau tells Alternatives Économiques magazine.
Brussels considers major U-turn on green reporting rules
Proposal to scrap so-called “double materiality” rule led to a fight within the EU executive.
Europe’s divided Parliament could nuke von der Leyen’s plan to slash red tape
Divisions inside Europe’s centrist coalition risk derailing the Commission’s green simplification package.
EU pushes ‘buy European’ quotas in major plan to revive industry
A draft of the Clean Industrial Deal obtained by POLITICO reveals EU plans to drive climate-friendly manufacturing.
EU shouldn’t stray from spending rules despite defense needs, finance ministers’ chief says
But Donohoe acknowledged that it is “inevitable that in the years ahead, Europe will have to increase its defense expenditure.”
Europe is on the brink of another financial crisis, German front-runner Merz warns
It’s “definitely coming,” he tells POLITICO ahead of the Feb. 23 election.
Germany’s Scholz: It’s ‘inappropriate’ to discuss sending peacekeeping troops to Ukraine
Ukraine doesn’t have to accept whatever peace plan Russia and the United States present, Scholz added.
EU-wide borrowing for defense a ‘no-brainer,’ says Spain’s finance minister
The bloc is grappling with a need to increase defense spending, amid U.S. President Donald Trump’s sudden move to end the war in Ukraine.
Looser state aid rules aim to stoke clean tech demand
A European Commission draft sets out ways for governments to subsidize and boost clean-tech investments.