-
ECB Questions Banks on "Non-performing" Loans
January 19, 2016
Reuters reports that the European Central Bank ("ECB") has sent a questionnaire to banks across Europe seeking to scrutinize institutions that have taken on high numbers of "bad" loans that are unlikely to be repaid, particularly in countries with underperforming economies.
-
EU Energy Targets Could Lead to Increased Driving Costs
January 19, 2016
The Telegraph reports that measures the UK Government is considering to meet its EU-mandated "green energy" targets could lead to increased fuel costs for drivers and to the introduction of bio-fuel that is incompatible with millions of British automobiles.
-
EU Antitrust Probe Ripples Across Film Industry
January 19, 2016
Variety reports that an antitrust investigation announced by European Commissioner for competition Margrethe Vestager into exclusive licensing contracts agreed by US film studios and European pay TV operators could have substantial effects on the film industry's business model and profitability in Europe.
-
Commissioner: EU Refugee Resettlement Program "Does Not Work"
January 15, 2016
In a recent meeting, European Commissioner for migration Dimitris Avramopoulos acknowledged that the EU's mandatory refugee resettlement program, which was agreed last year but has so far only relocated 272 people, is failing and labeled a massive sexual assault in Cologne, whose witnesses identified at least some assailants as refugees, as a "nail in the coffin."
-
German Court Revisits ECB Bond-buying Cases
January 15, 2016
Bloomberg reports that the German Federal Constitutional Court will rehear five lawsuits asserting that the European Central Bank's ("ECB") 2012 bond-buying program is inconsistent with the German Constitution after the Court of Justice of the EU determined that the program was valid under EU law.
Copyright 2025 Global Governance Watch. All Rights Reserved.
A project of The Federalist Society for Law & Public Policy Studies