Tags: european commission

French Legal Particularities on Display

June 14th, 2013
in econ_news, syndication

Written by Hilary Barnes ="font-size: medium;">French legal particularities on show France's government on June 13 decided to demand the annulment of a controversial arbitration case between a French businessman and the state, a decision which will not… more »

Cyprus: Banks Will Remain Closed Until Tuesday

March 21st, 2013
in econ_news, syndication

Econintersect:  There is no surprise that the Cyprus bank holiday has been extended and will now cover a full week.  When the Cyprus parliament produced a unanimous vote rejection of the EC (European Commission) plan to tax Cyprus bank deposits it was cl… more »

EU: Taking On the Banking Mob

February 28th, 2013
in econ_news, syndication

Econintersect:  Banks around the globe could end up with massive fines if maximum penalties are imposed for involvement in the LIBOR (London Interbank Offered Rate) rate fixing scandal, according to a report in Der Spiegel.  And Brussels suspects that "c… more »

EU: Deeper Recession Forecast

February 24th, 2013
in econ_news, syndication

Econintersect:  The European Union Commission has issued it's winter economic forecast.  The recession is likely to see the 17-country Eurozone GDP shrink another 0.3% in the first half of 2013.  This contrasts to the forecast of 0.1% gain for the same t… more »

EU Commission: Centralize Banking Control

August 31st, 2012
in econ_news, syndication

Econintesect:  There are reports tonight that the European Commission (Brussels) is drawing up a plan that would remove all banking control from indiviual countries and install the ECB (European Central Bank in Frankfort) as the regulator of banking in t… more »




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