Open Europe Blog

Archives for financial markets

A couple of developments since we posted the original blog below.Importantly, the European Parliament’s Economics Committee failed to reach an agreement over Pierre Moscovici and has delayed a decision on whether to approve him or not until 9.30pm CE…

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Could euro clearing be moved from the City to the eurozone?Tomorrow will see the first hearing of the next in the line of important UK cases at the European Court of Justice (ECJ). The case in question is the UK’s challenge against the ECB’s locati…

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The European Commission this morning unveiled its initial proposals to regulate ‘shadow banking’ and money market funds (MMFs) – the press release is here and the FAQs are here and here.We covered this issue back in May when we exclusively releas…

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The Times reports today on another round of exclusive documents leaked by Open Europe, this time regarding European Commission plans to regulate the ‘shadow banking sector’. See here and here for the docs.A rather niche story you might think but it…

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As was made evident by the internal memo about the EU financial transaction tax (FTT) – that we exclusively published yesterday – there are plenty of concerns amongst the supposed champions of the idea. Today, another heavyweight institution raised the…

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The European Commission, of course, doesn’t get what the fuss is about, but some countries that are meant to participate in the much-criticised EU financial transaction tax now seem to be going very cold on the idea. Or at least on the way the tax is d…

Posted by Open Europe blog team