Financial Services
Latest news and analysis on the intersection of financial policy, politics and regulation.
German inflation drops unexpectedly to 8.2 percent in June
Analysts had expected a jump of 8.8 percent.
Spanish inflation surges to 10 percent in June
German and French consumer sentiment tanks
G7 agrees to explore price cap on Russian oil
Italy’s economy enters choppy waters
Russia misses bond payment deadline — but does it matter?
Central banks must act decisively as stagflation risks loom: BIS
All that glitters won’t be sold: G7 bans Russian gold
Ban is latest effort to undercut Russia’s extraction-based economy in response to war in Ukraine.
The G7 conundrum: How hard should you push China in a crisis?
America will arrive at the Bavarian G7 summit with upgraded plans to try to reduce Beijing’s political and commercial reach.
G7 to discuss Russian oil price cap via sanctions relief
German Chancellor Olaf Scholz cautioned that the proposal would be difficult to implement.
EU leaders agree the economic outlook is bleak, but split over the remedies
There was little interest in a special summit in July, despite the pressing economic challenges.
German business sentiment sours amid gas-shortage fears
The results come a day after Berlin warned of a high risk to long-term gas supply shortages.
Crypto industry fears EU crackdown on NFTs
Lawmakers want to prevent scam artists and money launderers from abusing the unregulated industry.
Eurozone economic growth shows ‘signs of faltering,’ says key business survey
The PMI survey of 5,000 companies is considered one the most reliable leading indicators for economic growth.
The Czechs Europe needs to know
As the Central European country takes over the EU presidency, here’s who could be influential.
A wonk’s guide to the Czech EU presidency policy agenda
With Europe beset by multiple crises, Prague will focus on energy security, trade deals and climate change.
Czech Republic braces for rocky EU presidency amid Ukraine war, high inflation
The Central European country will be working on a shoestring budget — and under close scrutiny of its commitment to green issues.
ECB: Private sector doesn’t expect eurozone stagflation
‘Current expert forecasts remain far from a stagflation scenario,’ says Central Bank.
UK inflation hits 40-year high of 9.1 percent in May
Rising energy, fuel, food and housing costs are driving the trend.
Smugglers’ secrets: How Russia can beat EU sanctions
It’s only a matter of time before Russia starts pulling tricks on ships at sea and sending goods via friendly countries to avoid and evade sanctions.
EU moves toward Russian lobbyist ban
Russian representatives will be suspended from the transparency register, as Council of EU takes action.
Commission staff get pay raise — against its own advice
The EU executive has long opposed the so-called automatic indexation of wages to inflation.
German exports to Russia drop by half in May
Russia ranked 10th among export destinations outside the EU in May.
Russia declares gas war on EU
The Kremlin’s gas games threaten the bloc’s climate policies, economies and political stability.
German producer prices rise at record speed in May
It suggests consumer price inflation has not yet reached its peak.
African Union chief urges EU to ease food payments to Russia
‘We ask the Europeans for the same mechanism as for gas and oil,’ Macky Sall tells Le Journal du Dimanche.
Crypto’s clout in US is imperiled as market melts down
As the Federal Reserve cranks up its campaign to rein in inflation, investors are dumping risky assets in anticipation of rising interest rates.
As inflation spirals, can Brexit still be Boris Johnson’s trump card?
Cost of living dominates voter concerns ahead of crunch Wakefield by-election.
Hungary’s tax veto leaves EU adrift and Bruno Le Maire burned
A tax deal was a top priority for the French Presidency.
Finance ministers put banking union plans on ice
A German-Italian deadlock over a common deposit insurance scheme couldn’t be broken.
Oil tanker squeeze threatens to leave Putin all at sea
The EU and UK insurance ban could seriously curtail Russian oil exports elsewhere.
POLITICO Jobs
Publish your ad on POLITICO.eu Jobs and reach thousands of viewers every month.