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“#Europe carbon prices expected to soar amid tougher climate goals” Enlarge Image Steam rises from the cooling towers of the coal power plant of RWE, one of Europe’s biggest electricity and gas companies in Niederaussem, Germany, March 3, 2016. Reuters LONDON – Carbon prices in the European Union’s emissions trading system are expected to rise…
“# Lack of crypto regulations alarming, says Italy’s stock market regulator ” Paolo Savona, the chairman of the Commissione Nazionale per le Società e la Borsa (Consob) — Italy’s securities regulator — has raised alarms over crypto’s growing popularity in the absence of firm regulatory standards. According to Reuters, Savona made this position known while…
“#Biden seems utterly clueless about Europe’s realities ahead of his trip” “America is back,” said President Joe Biden after he was elected, signaling a reversal of his predecessor’s supposedly isolationist approach. But as he sets out across the pond for a visit with European leaders, Biden’s pitch is likely to fall flat: The new president…
“#Bulgaria’s leader makes new push to fight endemic corruption” SOFIA, Bulgaria — Bulgaria’s interim prime minister on Monday urged the government to redouble its efforts to fight endemic graft, calling for changes in prosecutors’ offices, the judiciary and all law enforcement agencies. Prime Minister Stefan Yanev spoke at a meeting of the government security council…
“#Europe, UK hit Facebook with formal antitrust investigations” Regulators in Europe and the United Kingdom on Friday announced they have launched formal competition investigations into Facebook in a two-front offensive on the social media giant’s use of data to dominate markets. The UK’s Competition and Markets Authority said it’s investigating whether Facebook is “abusing a…
“# ECB says digital euro may be needed to combat ‘artificial currencies’ ” The European Central Bank has warned that a CBDC or digital euro may be required to head off the spectre of “artificial currencies” dominating cross-border payments. In ECB’s annual review of the euro dubbed “The international role of the euro”, economists Massimo…
“# Irish MEP calls for stringent crypto regulations in Europe ” Chris MacManus, a Member of the European Parliament (MEP) representing Midland Northwest, Ireland, has called for strict crypto regulations in Europe. According to a report on Wednesday, the MEP from Sinn Féin wants wholesale changes to the European Union’s proposed cryptocurrency changes. MacManus has…
“# Euro investment bank predicts shortfall in blockchain and tech investment ” The European Union is falling behind China and the United States when it comes to blockchain and artificial intelligence investments, according to the European Investment Bank. The EIB said on Tuesday that it anticipates an ongoing investment shortfall of around 10 billion euros…
“#Poland and its Eastern European neighbors setting a fine example for US” I’m writing from Warsaw, Poland, my first time behind the old Iron Curtain and first trip back to Europe since the onset of COVID-19. Despite the overcast weather endemic to this part of the globe, the mood on the ground is unmistakably buoyant….
“#Detained journalist has lifelong fight against Belarus regime” KYIV, Ukraine — Raman Pratasevich has been part of the Belarus political opposition for over a decade and has long feared the authorities would try to abduct him, even though he was living abroad. The 26-year-old dissident journalist couldn’t imagine, however, just how far they would go….