Thursday

18th Oct 2018

Ticker

ECB downplays importance of Bitcoin

Digital currencies such as Bitcoin will not replace normal money, the deputy head of the European Central bank, Vitor Constancio, has said. "Private 'cryptocurrencies' can never prevail as general money substitutes," he said in Rome on Thursday, Reuters reports. He said they were "not a currency but just a commodity used as a speculative asset" or a "restricted medium of exchange" used by criminals and failed states.

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Asylum reforms derailed, as EU looks to north Africa

EU leaders at the summit in Brussels want partnerships with north African states that go beyond migration. But internal EU reforms on asylum, especially sharing of migrants and refugees between member states, remain stuck.

EU leaders worried about Italy's budget

Some EU leaders warned that Italy's plan to boost its budget spending despite the second largest debt in the eurozone, could hamper efforts to reform the single currency's framework.

Russian activist warning on 'fake news' as EU backs action

In 2015, internet activist Lyudmila Savchuk went under cover to expose a troll factory in St Petersburg. As the EU summit endorses anti-disinformation action, she told EUobserver the Russian government is bankrolling many more.

Opinion

MEPs demand more from EU on human rights in Asia

On Thursday and Friday, heads of state of 51 Asian and European countries will be in Brussels for a summit with the EU. As MEPs, we denounce the fact that many countries around the table are major human rights violators.

News in Brief

  1. Rutte: summit was 'not the moment' for higher climate ambition
  2. Legal text for Brexit relocation EU agencies agreed
  3. Greek foreign minister resigns over Macedonia deal
  4. No Brexit backstop means no approval, says EU parliament
  5. Poland questions supremacy of EU court
  6. Medvedev to meet Juncker and Merkel in Brussels
  7. Italians and Czechs least favourable to remaining in EU
  8. Facebook hack set to be first major test of EU data rules

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Latest News

  1. Asylum reforms derailed, as EU looks to north Africa
  2. EU leaders worried about Italy's budget
  3. Russian activist warning on 'fake news' as EU backs action
  4. Kaczynski: No question of Polish EU exit
  5. EU summit to accept urgency of climate action – but no measures planned
  6. MEPs demand more from EU on human rights in Asia
  7. EU migration solutions are on the table - let's adopt them
  8. No progress at Brexit summit, talks continue

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