Finance

Economy 17-11-2023

To host AMLA, Rome needs to do more than just tackling financial crime

Est. 5min

Italy has a strong case to be awarded the European Anti-Money Laundering Authority (AMLA), but it will have to do more than tackle  financial crime to convince its European peers, writes Maria Nizzero. Maria Nizzero is a research fellow at the …

Banking union 20-10-2023

Europe’s microstates must clean up their banking sectors

Est. 5min

Unresolved banking scandals threaten to derail closer cooperation with Europe's microstates, writes Martin Kreutner.

Economy 11-10-2023

Déjà vu: Financial sector and corporate sustainability due diligence, in or out?

Est. 5min

The EU should include financial markets in the scope of its Corporate Sustainability Due Diligence Directive (CSDDD) to help reorientate capital markets towards more sustainable investments while making European financial markets more consistent and reliable, argues Richard Gardiner.

The case for a Green Capital Markets Union

Est. 7min

Everybody talks about cleantech, including politicians who stress the need for more investment in green technologies. Yet, the reality is that we are at an all-time high when it comes to investments in gas, oil and even coal, writes Jorgo Chatzimarkakis.

Economy 15-09-2023

Fifteen years after Lehman, finance must serve society

Est. 5min

The financial system must be regulated on terms set by citizens, not the financial lobby, argues Benoît Lallemand.

Economy 29-03-2023

Banking crisis: Have we learnt nothing?

Est. 5min

Following the downfall of multiple US banks, Credit Suisse, as well as uncertainty about Deutsche Bank, the EU should close its gaps in its banking regulation, argues Rasmus Andresen.

Economy 21-03-2023

Credit Suisse: Life and death in liberal Switzerland

Est. 5min

The history of Credit Suisse, a banking giant that collapsed last week and was bought by rival UBS, offers a glimpse into how economic and political power works in Switzerland but also signals that the future of this model may be in doubt.

Economy 06-03-2023

Protecting the EU from financial Trojan horses

Est. 6min

The EU and her taxpayers should insist that international standards be implemented, and scandals resolved by embedded microstates prior to the Union becoming general guarantor on various fields, writes Martin Kreutner.

Economy 16-02-2023

A venture capital injection for European technology

Est. 5min

The European Tech Champions Initiative launched on Monday (13 February) will not only help to fund the scale-up of European technology companies, it should also help develop the European venture capital market, argue Gelsomina Vigliotti and Marjut Falkstedt.

Climate transition plans for banks: EU legislators on a razor’s edge

Est. 6min

EU legislators are currently discussing the introduction of mandatory climate transition plans for banks. The European Commission, Council, and Parliament will soon start trialogue negotiations, and while all three seem to agree on the idea itself, differences remain in how these plans are defined, explains Anuschka Hilke.

Economy 20-12-2022

The EU must not procrastinate on urgent audit market reforms

Est. 6min

After the Wirecard accounting scandal, the EU Commission promised to reform the rules for auditors - but now it must finally present them, as the problems are clear and there are plenty of proposed solutions, writes Sebastian Mack.

Economy 09-12-2022

Insurance industry playing catch up with climate and losing

Est. 5min

The review of prudential regulation for the European insurance sector, Solvency 2, has
exposed deep divisions in the European Parliament, writes Caroline Metz.

Revamping the EU’s climate leadership with transition finance

Est. 5min

A robust transition finance framework can reduce businesses’ operational risks and provide reassurance to markets, write Jurei Yada and Pietro Cesaro.

Economy 23-11-2022

Developing a successful digital euro 

Est. 5min

The liberalisation and re-regulation of banking should be the explicit objective of the digital euro, write Martijn van der Linden and Bram Meulenbeld.

How to attract private finance for climate projects in developing countries

Est. 5min

During UN climate change conferences, developing countries look with scepticism at promises of funding from rich nations. To stimulate private finance, incentives are needed for investors to cross the border, writes Marilyn Waite.

ECB must step in to tackle fossil- and climate-flation

Est. 7min

Faced with record inflation driven by high energy prices, the European Central Bank (ECB) has raised its interest rates to 1.25%, and further hikes are expected in the coming months. Yet, this risks derailing investments in renewable energies and building renovation that are needed to tackle the crisis at its root, writes Rens van Tilburg.

Economy 09-09-2022

We need a modern fiscal framework fit for climate change. Now.

Est. 6min

The reform of the EU's fiscal rules should consider the need for investments and spending to achieve a just green transition that is currently being hampered by the austere fiscal rules, argues Isabelle Brachet.

Energy 12-07-2022

Green nuclear power is good – will Denmark dare to admit it?

Est. 4min

Like other political parties, Volt has had many discussions over the environmental merits of nuclear power. But while the questions have remained the same for the last 30 years, the answers have changed significantly, writes Kathrine Richter.

Economy 12-07-2022

What regulators should take away from the ECB ‘climate stress test’

Est. 5min

Regulators should be mindful of the limitations of the European Central Bank's (ECB) climate stress test, and beware of a too-big-to-fail scenario once climate risks start materialising, argues Julia Symon.

Global Europe 06-07-2022

How the US Treasury sank a small European bank

Est. 6min

European companies have paid heavily for the US self-assigned right to adjudicate on a global scale on the activities of non-US businesses and individuals. The disturbing case of Banca Privada d’Andorra offers yet another striking example, writes Dick Roche.

MEPs could turn the EU taxonomy sage green

Est. 4min

Efforts to label natural gas and nuclear power activities as green will only benefit a limited number of industries in a restricted number of countries and will hinder Europe's energy transition, writes Teresa Ribera.

The controversial Taxonomy is on the ropes – now it’s time to deliver the knockout blow

Est. 5min

The European Parliament must stop the proposal to include gas and nuclear power in the EU's sustainable finance taxonomy, especially after the war in Ukraine and the need to phase out Russian gas, writes a group of MEPs.

Economy 27-06-2022

Is restrictive monetary policy doomed to ruin public finances? Not necessarily.

Est. 5min

The European Central Bank (ECB) risks the fragmentation and collapse of the eurozone if it tightens its monetary policy by selling government bonds. That is why it should look towards restricting the money supply by increasing the capital requirements for banks, write Leonardo Becchetti and Guido Cozzi.

Energy 20-05-2022

Is nuclear the overlooked solution for Europe’s energy woes?

Est. 5min

Following the Fukushima disaster in 2011, Germany sped up plans to shut down all its nuclear plants. Given the current energy crisis, such decisions should be revisited,writes Timur Tllyaev.