Thursday

21st Sep 2017

Ticker

No talks on EU plan for complex financial products in 2016

Member states and MEPs will not start talks on new rules to promote securitisation - a controversial family of financial products - before the end of this year, a Slovak presidency source told EUobserver. Last week MEPs agreed a common position and member states adopted their position last year. Such complex products, which involve packaging loans and selling off the risk, helped to cause the 2008 financial crisis.

EU 'embarrassed' by the Catalan 'taboo'

Faced with the growing tension between the Spanish and Catalan governments, the member states and EU institutions would prefer not to get involved.

EU takes time to ponder tax on tech giants

The EU commission published a paper that outlined several options on how to increase tax income from internet companies' activities, but fell short of proposing legislation.

Asylum seekers create EU 'limbo' nation

The number of asylum seekers "in limbo" in the EU is likely to be greater than the combined populations of Cyprus and Malta, estimates indicate.

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