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Financial stability - Page 2

The digital euro has enraged half of Brussels. Here’s what you need to know.

As bronzed Eurocrats return from summer holidays to face the usual September onslaught of lobbyists in Brussels, this year they’ll find an unlikely interest group waiting at their doors: the European Central

Trump lieutenants tell Europe to stop worrying about climate change

Quit stressing about climate change — it’ll all be fine. That was the message from two of U.S. President Donald Trump’s top government appointees during a trip to Brussels last week. Trump’s

Wall Street faces a reckoning in Washington as crypto influence grows

The financial world is barreling toward a lobbying civil war in Washington. Cryptocurrency companies are increasingly coming to blows with banks and other Wall Street firms over Republican-led efforts to enact new

Trump banking cop threatens global financial security, warns top US Democrat

U.S. Senator Elizabeth Warren has called for a former Trump-appointed banking regulator to be dismissed from the global financial watchdog, warning he is putting the world’s economic stability at risk. Randal Quarles,

Has Bulgaria gamed its inflation numbers to qualify for the euro?

SOFIA — Has Bulgaria slashed key state-controlled prices to massage down inflation numbers and help it qualify for euro membership? In April, the country announced (rather surreptitiously) a highly unexpected 82.8 percent

Trump administration prepares to ease big bank rules

The Trump administration is gearing up to deliver a major win to Wall Street banks: Easing rules imposed on megabanks in response to the 2008 financial crisis. Trump-appointed regulators are nearing completion

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