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EU finance ministers seek ‘vital’ banking union accord

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What measures to take to supervise Europe’s banks? Wind them up when they are no longer working,…

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http://www.euronews.com/2013/12/17/eu-finance-ministers-seek-vital-banking-union-accord
What measures to take to supervise Europe’s banks? Wind them up when they are no longer working, and stop them from dragging whole countries into the mire?

European finance ministers will tackle the thorny questions again on Wednesday ahead of a full European summit.

Their goal is to reach agreement on a banking union its backers say Europe’s economy badly needs.

“Without the banking union there cannot be an end to the economic crisis of today, because there is no trust between the banks for the moment in Europe, and the transfer of money between the banks and the real economy is blocked for the moment. So the banking union is the first thing to do,” said Belgian former prime minister Guy Verhofstadt, now leader of the Alliance of Liberals and Democrats for Europe in the European Parliament.

The UK will not be part of the banking union but it wants those outside the eurozone to have a say in how it works – an uphill task perhaps amid closer single currency integration.

Other critics fear this week’s Brussels summit will be a missed opportunity.

“Essentially it will just be hot air. Because the important issues will not be on the table. Six months ago we were promised this summit would tackle tax evasion and tax dumping (where some countries undercut others’ tax rates unfairly). But these disappeared from the agenda. And the big plan on the eurozone has also been dropped,” said German MEP Sven Giegold from the Green group.

A key question concerns Germany’s position on sharing risk and supporting weaker economies.

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France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade

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France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade

With nearly 6,700 troops, 98 aircraft, 31 helicopters and 315 vehicles, a record number of military personnel were marching the traditional route between the Arc de Triomphe and the Place de la Concorde.

READ MORE : http://www.euronews.com/2026/07/14/european-troops-join-paris-bastille-day-parade-in-show-of-unity-for-ukraine

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Is the US causing heat in Europe, evidence says no

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As the heat returns to Europe, social media accounts online are spreading misinformation on the cause of the recent temperatures. With some blaming the US for the heat in Europe. Available evidence does not support the claim.

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Can common debt fix Europe’s growth problem? MEPs debate in The Ring

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Can common debt fix Europe’s growth problem? MEPs debate in The Ring

In this week’s episode of The Ring, EU lawmakers Markus Ferber and Pasquale Tridico clash over whether common debt is the answer to Europe’s stagnant economy and weakened competitiveness.

READ MORE : http://www.euronews.com/2026/07/15/can-common-debt-fix-europes-growth-problem-meps-debate-in-the-ring

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Fact check: FIFA boss Infantino probe called for by MEPs, not whole parliament

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Fact check: FIFA boss Infantino probe called for by MEPs, not whole parliament

Viral posts falsely claim that the European Parliament called for an investigation into FIFA’s President Gianni Infantino.

READ MORE : http://www.euronews.com/2026/07/14/fact-check-european-parliament-did-not-call-for-fifa-probe

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Latest news bulletin | July 14th, 2026 – Evening

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Latest news bulletin | July 14th, 2026 – Evening

Catch up with the most important stories from around Europe and beyond this July 14th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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