by Asharq Al-Awsat | Apr 15, 2014 | Business
Strasbourg, Reuters—European lawmakers finally signed off on Tuesday on new laws to make it easier to shut problem banks after long wrangling over rules for an industry blamed for triggering the worst economic slump in a generation. The vote in the European...
by Asharq Al-Awsat | Nov 15, 2013 | Business
Brussels, AP—European finance ministers are holding difficult talks on how to shore up their banking system and prevent further financial crises. Officials from the 28 member countries are meeting Friday to narrow their differences on how to set up a new agency at the...
by Asharq Al-Awsat | Mar 19, 2013 | World
Nicosia, Reuters—Cyprus’s government proposed on Tuesday to spare small savers from a divisive levy on bank deposits but said it expects parliament to reject the measure, needed to secure an international bailout and avoid default and a banking collapse. Unless...
