Monday

4th Mar 2024

Ticker

Estonia kicks out Danske Bank over money laundering scandal

Estonia ordered Danske Bank Tuesday to close its branch in Tallinn before the end of 2018 and transfer all customers and loan contracts to other banks in Estonia following a huge money laundering scandal. Kilvar Kessler, head of Estonia's banking regulator Finantsinspektsioon, said Danske Bank had "dealt a serious blow to the transparency, credibility and reputation of the Estonian financial market" while Danish authorities "handled the bank softly".

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Agenda

Defence, von der Leyen, women rights, in focus This WEEK

Ursula von der Leyen is expected to be confirmed as the EPP candidate for president of the next EU Commission. A new defence strategy will be unveiled this week, while the ECB is expected to maintain interest rates.

Opinion

The farming lobby vs Europe's wolves

Over the past few years, farming and hunting organisations have waged an unrelenting vendetta against the wolf, culminating in the European Commission's 180-degree policy U-turn, writes the director of the Humane Society International for Europe.

EU docks €32m in funding to UN Gaza agency pending audit

The European Commission will release €50m out of €82m in funds for the UN aid agency (UNRWA) operating in Gaza. The remaining €32m will come pending an audit. The commission has received no evidence to support Israeli allegations against UNRWA.

'Outdated' rules bar MEP from entering plenary with child

During a plenary session in Strasbourg, an MEP was denied access to the chamber because he was carrying his young child, due to unforeseen circumstances. The episode shows parliament's rules need to be updated, several MEPs told EUobserver.

Commission plays down row over Rwanda minerals pact

The European Commission has played down a diplomatic row over its recent minerals agreement with Rwanda, after Congolese president Felix Tshishekedi, who accuses Rwanda of plundering his country's natural resources, described the deal as a "provocation in very bad taste".

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