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Europe Top News and Analysis Belgium

  • BRUSSELS, March 23- The European Commission is considering lowering regulatory requirements for financial technology services firms, to spur innovation and cut costs for consumers, the EU executive's vice president suggested on Thursday. Lower legal or capital requirements would reduce costs for fintech companies, but are likely to increase pressure on...

  • BRUSSELS, March 23- Italy should draw up ambitious reforms to address its economic weaknesses, one of the European Commission's vice presidents said on Thursday, increasing pressure on the government to press on with unpopular measures before next year's elections. Italy, alongside other EU states, is preparing to send Brussels details of its medium-term...

  • A police officer stands guard near Westminster Bridge and the Houses of Parliament on March 22, 2017 in London, England.

    Here's how the world's media reacted to the news of the worst London terror attack in more than a decade on Wednesday.

  • BRUSSELS, March 23- Italy should prepare an ambitious reform programme to address the country's economic weaknesses, the European Commission vice president said on Thursday, on the eve of a visit to Rome to discuss Italy's budget.

  • BRUSSELS, March 23- The European Commission is considering lowering regulatory requirements for emerging financial technology services in a bid to spur innovation and cut costs, the EU executive's vice president suggested on Thursday. Lower legal or capital requirements would reduce costs for fintech companies, but are likely to increase pressure on...

  • March 23- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • March 22- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • WASHINGTON/ OSLO, March 22- The United States remains committed to the "principles and goals" of the global transparency initiative to fight corruption in managing revenues from oil, gas and mineral extraction, it said on Wednesday. There were doubts about U.S. participation in the Extractive Industries Transparency Initiative after Congress killed the "...

  • Prime Minister Antonio Costa described Dijsselbloem's remarks as "racist, xenophobic and sexist" and said Europe would lose credibility if the Dutchman did not step down. The spat has reawakened simmering anger in southern Europe over the harsh austerity some of their countries went through under bailouts during the euro zone debt crisis, pitting creditor...

  • BRUSSELS, March 22- The European Union's chief Brexit negotiator spelled out on Wednesday the bloc's conditions for talks, saying securing the rights of some 4.5 million EU and British citizens living abroad was paramount. But Michel Barnier, the European Commission's point man on London- Brussels talks, also warned of the risks if no deal was reached as Britain...

  • LONDON, March 22- British-based banks would be foolhardy to expect to retain access to European Union markets in return for sticking closely to the bloc's rules after Brexit, a senior banking official said on Wednesday. Banks in Britain can currently trade across the bloc's single market under European "passporting" rules, but this is expected to end after the UK...

  • BRUSSELS— The European Union's chief Brexit negotiator warned Wednesday of "serious consequences for everyone" if Britain walks away without agreement from negotiations on leaving the 28- nation bloc. Some U.K. officials have said Britain could simply walk away if it's not happy with the results. Barnier said no deal could leave four million European and...

  • Prime Minister Antonio Costa described Jeroen Dijsselbloem's remarks as "racist, xenophobic and sexist" and said Europe would lose credibility if the Dutchman did not step down. The spat has reawakened simmering anger in southern Europe over the harsh austerity some of their countries went through under bailouts during the euro zone debt crisis, pitting...

  • Prime Minister Antonio Costa described Jeroen Dijsselbloem's remarks as "racist, xenophobic and sexist" and said Europe would lose credibility if the Dutchman did not step down. The spat has reawakened simmering anger in southern Europe over the harsh austerity some of their countries went through under bailouts during the euro zone debt crisis, pitting...

  • BRUSSELS— The German government says pensions will rise by up to 3.6 percent this year as a result of higher wages in Europe's biggest economy. The Labor Ministry said Wednesday that pensions will increase by 1.9 percent in the former West Germany on July 1 and 3.6 percent in the formerly communist east. Salaries have been rising faster in the east than in the more...

  • ATHENS, March 22- Greece said on Wednesday it hopes for a deal with its international lenders within the month of April and is working to bridge differences on labour, pension and energy reforms. The onus for an agreement was not only on the Greek government, but on its European Union and International Monetary Fund lenders too, government spokesman Dimitris...

  • Mitiska named Marc Formisani director of mergers and acquisitions and financial planning, and Hanif Mohamed as general counsel. The company also appointed Mateusz Szymczak and Enzo Guidez as investment analysts. Both Szymczak and Guidez will be based in Brussels and report to Marc Formisani.

  • OSLO, March 22- European Union outsiders Norway and Iceland must boost their policy coordination in response to Britain's planned departure from the block, as well as other changes in global politics, the two Nordic countries said on Wednesday. Along with Liechtenstein, Norway and Iceland benefit from free movement of people, goods, services and capital within...

  • BRUSSELS— Portugal led calls on Wednesday for the eurozone's top official to resign for what many saw as derogatory comments about debt-ridden southern nations spending foolishly and relying on their northern partners to bail them out. Dijsselbloem has shown himself to be sexist, racist, xenophobic and an embarrassment for Europe, and because of that he...

  • BRUSSELS— The European Union is proposing new rules to make antitrust authorities in the bloc's member countries more effective. The EU's executive commission on Wednesday put forward proposals to ensure that national authorities have all the powers they need to gather evidence, such as the right to search cellphones and laptops. The proposal also...