Friday, 12 December, 2025
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Friday, December 12, 2025 4:09 PM
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Financial stability

EU banks should reduce their reliance on US Big Tech, top supervisor says

BRUSSELS — European banks and other finance firms should decrease their reliance on American tech companies for digital services, a top national supervisor has said. In an interview with POLITICO, Steven Maijoor, the

Digital euro: A good idea, but please get it right!

The discussion surrounding the digital euro is strategically important to Europe. On Dec. 12, the EU finance ministers are aiming to agree on a general approach regarding the dossier. This sets out

ECB has new plan to boost Europe’s global influence

The European Central Bank is hatching a plan to boost the use of the euro around the world, hoping to turn the world’s faltering confidence in U.S. political and financial leadership to Europe’s advantage.

Orbán counts on Trump going full Argentina to save him from election doom

Hungary’s surging opposition is demanding Prime Minister Viktor Orbán explain a “bailout package” he hinted at securing from U.S. President Donald Trump.   Orbán, a longtime Trump ally, traveled to Washington last week

Britain’s Trump-inspired U-turn on crypto 

LONDON — Britain’s financial watchdogs have been on a crypto journey — with a little help from Donald Trump.  The Bank of England publishes its long-awaited rules for stablecoin Monday. Two years

Rachel Reeves wants Brits investing — just as the City fears an AI bubble

LONDON — The U.K. government is going all-out to get Brits putting their money in stocks and shares. The timing could definitely be better. Lead policymakers and City of London analysts are

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