TAG: Regulatory

In historic shift, Bulgaria seeks US help to escape Russia’s nuclear grasp

Russia is losing control over Bulgaria's power grid to the last country it wants to see in Europe's lucrative energy market: the U.S.Bulgaria, which built its only nuclear power station with Soviet Union support almost 60 years ago, is now waiting on new...

6 months ago

Intensive pig farming hogs scarce water in drought-hit Catalonia

BARCELONA — In the region of Osona, to the north of Barcelona, there are seven times as many pigs as people.Hectares of pig farms — long, barrack-like brick buildings with half-closed windows — stretch from the roadside into the distance. Metal cylinders...

6 months ago

EU hints at relaxing parts of global bank rules in face of US delays

BRUSSELS ― The EU has signaled it could relax the way it pushes through controversial international banking standards if it believes that's what's needed to better compete with the rest of the world.The European Commission “stands ready to act if necessar...

6 months ago

Maltese central bank governor, deputy PM face charges in snowballing corruption case

Malta's political elite is facing a reckoning as a long-running investigation into alleged corruption under former Prime Minister Joseph Muscat comes to a head.Central Bank of Malta Governor Edward Scicluna and Deputy Prime Minister Chris Fearne, who both...

4 months ago

Berlin inks lithium deal with Belgrade despite environmental concerns

BELGRADE — German Chancellor Olaf Scholz and European Commission Vice President Maroš Šefčovič locked down a series of deals on Friday granting the EU and European carmakers exclusive access to Serbian lithium and paving the way for the construction of on...

2 months ago

UK ‘nowhere near’ renegotiating trade deal with EU, says David Lammy

LONDON — The Labour government has promised to “reset relations” with the European Union, eight tumultuous years after the U.K. voted to leave the bloc.But speaking on Thursday morning, just hours before he was preparing to welcome dozens of European lead...

2 months ago

To do: 6 thorny issues lurking in MEPs’ inboxes

This article is part of the Brussels Survival Guide.Becoming a member of European Parliament isn’t just about fancy gifts and bottomless (well, €4,950 a month) general expenses. There’s also serious work to be done. But a new term doesn’t mean a blank sla...

2 months ago

EU’s three biggest countries push for bank deregulation

The EU should slash planned rules for its banking sector to boost the bloc’s ability to compete internationally, France, Germany and Italy said.  The heads of the treasuries of the three countries — the EU's biggest economies — made the request in a lette...

1 week ago