Saturday

19th Aug 2017

Ticker

Bulgaria wants to join banking union

Bulgaria has indicated it wants to join the European banking union after a bank crisis caused runs on two lenders in June. President Rosen Plevneliev Monday said Sofia would seek European supervision for its banks, reports Reuters. The move would make it the first non-euro-country to join the oversight system.

Brexit realities dawn in UK

Just over a year after a small majority voted for Britain to leave the EU, new realities are dawning on both the in and the out camps.

News in Brief

  1. Macedonia sacks top prosecutor over wiretap scandal
  2. ECB concerned stronger euro could derail economic recovery
  3. Mixed Irish reactions to post-Brexit border proposal
  4. European Union returns to 2 percent growth
  5. Russian power most feared in Europe
  6. Ireland continues to refuse €13 billion in back taxes from Apple
  7. UK unemployment lowest since 1975
  8. Europe facing 'explosive cocktail' in its backyard, report warns

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