Western Europe

From high growth to laggard status, Spain has felt the pandemic’s economic sting. Now, a budget crisis threatens its recovery.

UK Attorney General Suella Braverman supported the Johnson government’s attempt to backpedal on its 2019 withdrawal agreement with the EU.

The strong euro will dampen import prices, weighing on inflation, and will be a headwind for EU exporters. 

 The long-awaited consolidation of banks in Europe’s fragmented banking market has finally begun.

The governor of the Bank of Italy shares thoughts with Global Finance.

The Covid-19 crisis derailed Portugal’s economic comeback. Can stimulus, fiscal prudence and an attractive climate for retirees get it back on track?

France's new finance minister has his work cut out for him.

The five-year bond will enhance Henkel’s commitment to 100% recyclable or reusable packaging by 2025.

This will challenge the continent’s two largest payment processing networks and supersede the existing fragmented landscape by providing a unified payment solution to consumers and merchants across Europe using a card and a digital wallet. 

This is the first occasion that a national court has declared an ECJ judgment invalid, and the ruling could therefore pose a threat to any uniform application of European Union law in future.

Sheltering in place is accelerating a shift in customer banking habits, and institutions are rising to meet the demand for digital innovation.

Based on a desire to avoid fragmentation in settlement procedures, the central bank will review and adjust the conditions under which it provides financial intermediaries with central bank money.

Europe's most illiberal democracy may no longer be a democracy.

The ECB announced that it will accept bonds below investment grade as collateral for its bank financing facility.

Despite the $30 billion in crisis support packages being provided by governments to help keep businesses viable and protect manufacturing output, COVID-19 has left leading top Nordic corporations hurting. 

Andrew Bailey's had to deal with an unprecedented economic and public health crisis on day one of his new job.

Head of the ECB sparks anxiety during a time of crisis.

One Italian automaker is going above and beyond the government's measures to halt the spread of coronavirus.

Existing compliance procedures are not adequately capturing risk.

Anu Bradford is the Henry L. Moses Professor of Law and International Organization at Columbia Law School and a director for the European Legal Studies Center. Her research and teaching focus on European Union law, international trade law, and comparative and international antitrust law.

In a new book, The Brussels Effect: How the European Union Rules the World, she argues that the EU has become a leader in establishing standards worldwide, and that it is uniquely positioned to continue to set the pace in global policymaking.