European Commission urges US travel ban to be lifted for Europeans European Commission urges US travel ban to be lifted for Europeans European Commission President Ursula von der Leyen, has demanded Washington lift entry restrictions for European citizens in an interview with German outlet RND published today. “We insist that there are comparable rules for travellers in both directions. The epidemiological situation in the US and the EU today is very similar,” said the EU Commission President. “We [...]
EU pushes ahead with plan to levy border fee on Brits: Will the UK reciprocate? EU confirms plan to levy border fee on Brits: Will the UK reciprocate? The European Commission has confirmed its plans to charge €7 (£6.20) to travellers visiting Europe from non-EU states, including British citizens. The fee will apply with the introduction of a European Travel Information and Authorisation System (ETIAS) before the end of 2022. It will be a one-off fee valid for multiple entries over three years, [...]
EU eyes pandemic exit with 70 per cent of population administered first dose Despite protests against coronavirus restrictions rocking the streets of Paris and Berlin last weekend, the EU’s quiet move towards an exit from the pandemic continues apace. The European Union surpassed its target of injecting at least one jab into the arms of 70 per cent of its population by the end of July. And according [...]
Eurozone inflation falls in June June 30, 2021 Eurozone inflation fell in June driven by a reduction in oil price rises, show new figures published today. Inflation in the 19 countries sharing the euro inched down to 1.9 per cent in June from two per cent in May, according to Eurostat, the statistical office of the European Union. However, analysts have warned that [...]
Euro zone economic optimism surges to 21-year high June 29, 2021 Euro zone economic sentiment surged to a 21-year high in June as the region’s economies started to reopen. Watch the full report.
City A.M. TV: Market Snapshot May 17, 2021 In today’s video we examine the question of whether or not Bitcoin provides any insight into the global equity market direction.
Eurozone GDP contracts as it slips into double-dip recession territory April 30, 2021 The Eurozone economy shrank by 0.6 per cent in the first three months of the year as it slid back into recession following persistent Covid lockdowns. The European Union’s statistics office Eurostat said GDP in the 19 countries sharing the euro contracted by 1.8 per cent year-on-year. This put the single currency area in a [...]
France announces new regional lockdowns February 26, 2021 The French government has placed Dunkirk and Nice under weekend lockdowns, and Paris may soon follow suit. French health minister Olivier Véran announced on Wednesday a new lockdown in the city of Dunkirk and the Hauts de Flandres region for the next to weekends. The decision was made alongside local officials due to the “worrying [...]
European bank giants plot payment network to rival Visa and Mastercard February 24, 2021 Members of the European Payments Initiative (EPI), a project launched with the help of 22 banks, said today that a pan-European payment network can be in place by 2025, making the continent “master of its own destiny.” The 22 banks, which include names such as Deutsche Bank, UniCredit and ING, are shareholders in the EPI [...]
Eurozone GDP fell as lockdown restrictions tightened ahead of Christmas February 16, 2021 Eurozone GDP fell as lockdown restrictions tightened ahead of CHristmas