Monday

21st Jan 2019

Ticker

ECB suffers loss on scandal-hit South African bond investment

The European Central Bank sold its bonds in scandal-hit South African retailer Steinhoff last week, Reuters reported. From data published on Monday it is estimated that the ECB potentially lost more than half the amount it had invested in the company, which has seen its shares dropping since revelation of an "accounting irregularity" last month. The ECB purchases company shares, such as Steinhoffs, under its 2.55-trillion-euro stimulus programme.

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Turkish NBA star takes on Erdogan

Turkish NBA basketball star, Enes Kanter, gave up joining teammates in a London match over fears of Turkish president Recep Tayyip Erdogan's reach into the EU.

Opinion

Salvini and Kaczynski - the new 'axis' powers?

Populists and Eurosceptics are slowly realising that the goal of dismantling the EU is not only unrealistic, costly and unpopular - but also deprives them of valuable opportunities to accumulate political capital and exert influence.

News in Brief

  1. French data watchdog gives Google €50m fine
  2. EU hits Russians with sanctions over Salisbury attack
  3. 'Don't look for answers to Brussels', EU tells UK
  4. Germany warns UK not to 'misuse' EU patience on Brexit
  5. Germany sent 8,658 asylum-seekers to other EU states
  6. Poll: Macron popularity up four percent
  7. 'Economy is broken' says Oxfam in global inequality report
  8. Vestager under pressure to allow Siemens-Alstom deal

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