Tuesday

25th Jan 2022

Ticker

EU's euro-strategy bodes ill for City of London

The EU should protect its companies from other countries' sanctions, better enforce its asset-freezes, and encourage more euro-denominated trading, according to a European Commission paper due Wednesday, seen by Reuters. EU officials should also look into "possible technical issues" in helping traders of complex financial products, such as derivatives, move from London to Europe. The strategy comes after the US threatened sanctions against EU firms involved with Russia and Iran.

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EU eyes Indian Ocean naval adventure

Europe is preparing to boost its naval presence in the north west Indian Ocean "to uphold freedom of navigation" in the world's trade jugular.

EU auditors slam fragmented, sluggish 5G rollout

The EU auditors pointed out the limited number of manufacturers able to build and operate 5G infrastructure increases EU dependency on third countries - as well as privacy and security risks associated with interference by "hostile state actors."

Feature

15 years on: How are Bulgaria and Romania doing in the EU?

The latest European Commission health report puts the pair of south-eastern EU accession states last in terms of the overall lifespan of their citizens. Romanians and Bulgarian now die even younger than before.

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  1. EU eyes Indian Ocean naval adventure
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  5. 15 years on: How are Bulgaria and Romania doing in the EU?
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  8. EU ministers to condemn Russian 'aggression'

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