Germany readies to pay for the Brexit gap in EU finance

As expected, last Friday’s informal European Council of the 27 EU leaders didn’t produce any tangible result regarding its main agenda item; the future of Europe. The EU leaders just quarreled on who is to cover the hole in the budget, after Britain’s contribution ends with Brexit. In relation to this perennial question of money […]

EU unveils plan to accelerate Capital Markets Union ahead of London’s departure from the bloc

Skyline of the City of London, Europe’s largest financial centre. (Source: EC – Audiovisual Service / Photo: Jack Taylor) Last week the European Commission unveiled it is taking further steps to develop the Capital Markets Union, a plan to support growth and investment in the Old Continent. The project, which aims at creating a single […]