Tuesday

25th Jun 2019

Ticker

Suspect trillions flowed through Cyprus, Estonia, and Latvia

Banks in Cyprus, known for their Russian clients and lax supervision, handled €3.4 trillion of cross-border transactions including by non-resident clients between 2008 and 2015, Bloomberg reports. Latvian banks handled €2.8 trillion and Estonian ones €900bn. The figures came out after a scandal in which the Estonian branch of Danske Bank handled €200bn of mostly "suspicious" Russian money, prompting EU action on money-laundering and leading to criminal investigations.

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EU parliament gives extra time for leaders on top jobs

The EU parliament might allow an extra 24 hours for EU heads of government to first come up with the new EU leadership names. Meanwhile, EPP lead candidate Manfred Weber is meeting Angela Merkel and AKK in Berlin for backing.

Opinion

EU-Vietnam trade deal a bad day for workers' rights

Behind the smiles and handshakes, the signature of the EU-Vietnam trade and investment deals agreed on Tuesday and to be signed this week have dire consequences for human well-being and our ability to prevent climate and ecological breakdown.

News in Brief

  1. EU to sign free trade deal with Vietnam
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  4. Cooperation needed on Brexit, says Johnson
  5. Europe hit by record breaking June heat wave
  6. Liberal split complicates talks on new Spanish government
  7. Italy unravels massive European VAT carousel fraud
  8. Venezuelans cause spike in EU asylum bids

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Latest News

  1. EU parliament gives extra time for leaders on top jobs
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  3. EU-Vietnam trade deal a bad day for workers' rights
  4. EU 'special envoy' going to US plan for Palestine
  5. Polish judicial reforms broke EU law, court says
  6. EU study: no evidence of 'East vs West' food discrimination
  7. Russia tried to stir up Irish troubles, US think tank says
  8. Babis unmoved by EU scam allegations

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