Prosus Plans to Buy Just Eat Takeaway
Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.
EU - page 2
ECB Accelerates Blockchain Efforts
The European Central Bank (ECB) is expanding its efforts to enable banks and financial institutions to use blockchain-based systems for transactions with central bank money.
Deutsche Börse CEO Says EU Needs Permanent CBDC
Stephan Leithner, chief executive officer of German securities marketplace Deutsche Börse, calls for financial reforms in the European Union, including establishing a permanent digital euro.
EU to Mobilize 200 Billion Euros for AI Investments
European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.
French Alternative to Stargate AI Secures $112B
As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.
ECB Cuts Interest Rates
The European Central Bank on Thursday, January 30, decided on another interest rates cut, which was the fifth since June.
Euro-Area Fails to Grow
At the end of 2024, the process of implementing a stagnation scenario suddenly began in the eurozone economic system.
OKX and Crypto.com Secure Full MiCA Licenses in EU
Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
BitPanda Secures MiCA License With German Regulator
Bitpanda has obtained its MiCA license from BaFin, Germany’s leading financial regulatory authority, to offer regulated services to 450 million EU citizens.
European CEOs Hope to Avoid US Trade War
Media reports claim that at the World Economic Forum, which is taking place this week in Davos, Switzerland, European business leaders made statements to some extent downplaying concerns about the likely impact and consequences of a potential transatlantic trade war.
UniCredit Raises Stake in Commerzbank
Italian UniCredit SpA increased its holding in German Commerzbank AG to about 28%.
Christine Lagarde Says ECB to Cut Interest Rates Further
The European Central Bank will continue cutting interest rates as the inflation spike in recent years has increasingly moved into the rear-view mirror, bringing the 2% target.
European Private-Sector Contraction Eases on Services
In December, the private sector of the eurozone shrank in smaller volumes compared to initial expectations, which is the result of contributions from the services sector that exceeded forecasts.
Klarna and eBay Bring BNPL to New Markets
Flexible Klarna buy now pay later (BNPL) options are now available to eBay customers in more European markets.
ECB Cuts Interest Rates by Quarter Point
The European Central Bank on Thursday, December 12, adopted the fourth decision since the beginning of the current year on cutting interest rates, which corresponds to the preliminary expectations of experts regarding the actions of this financial regulator in the context of the dynamic of monetary policy.
European Manufacturing Activity Demonstrates Decline
Last month, a sharp decrease in the level of manufacturing activity was recorded in Europe, and a further downward dynamic of demand became an obstacle to any hopes for an early recovery of the indicator.
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