Monday

5th Dec 2016

Ticker

Top EU banker in corruption scandal

The vice-president of the European Investment Bank, Magdalena Alvarez, is embroiled in a corruption scandal in Spain, reports AFP. Alvarez, former public works minister, is alleged to have a role in using a regional development fund to pay bogus severance payments to dozens of people. Over €140 million was stolen.

News in Brief

  1. Idea of road transport agency gains momentum among MEPs
  2. EU dismisses euro crisis risk after Italian referendum
  3. Italy result poses no risk to the EU, Sapin says
  4. EU asked to clarify links to Iran executions
  5. Italian economy minister tipped as caretaker PM
  6. EU tells US tech giants to act faster against hate speech
  7. Iceland's Pirates in bid to form government
  8. Danes are the happiest workers, study says

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