Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
Remember the eurozone debt crisis? At its height — only a few years ago — the bloc of 19 nations using the euro as its single currency — looked as if it might implode. Debt-ridden economies like Greece, Portugal, Ireland and even Spain came close to collapse. Today, everything looks much healthier. The latest figures from the […]
An effort to modernize Europe’s digital rules is controversial.
Apple got a massive bill for back taxes on Tuesday. The European Commission ordered the tech giant to pay back over $14 billion to Ireland, where Apple has its European headquarters. Apple, and the U.S. government, reacted angrily to the demand. The U.S. Department of Treasury has already accused EU officials of unfairly targeting large […]
The US says the European Union is unfairly targeting American businesses.
The European Commission has hit a half dozen big banks, including Deutsche Bank and JPMorgan Chase, with a record $2.3 billion fine for colluding to rig two benchmark lending rates that set the price of money between banks
While most EU governments have been forced to freeze or cut their spending drastically, the European Commission is asking for a six percent budget increase.