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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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How Turkish business groups are turning İstanbul into a global cultural hub

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How Turkish business groups are turning İstanbul into a global cultural hub

From Sabancı’s Yoko Ono exhibition to İstanbul Modern’s Renzo Piano building, Turkish conglomerates are investing heavily in culture to boost the city’s global appeal.

In partnership with goturkiye.com & DEİK

READ MORE : http://www.euronews.com/2026/09/22/how-turkish-business-groups-are-turning-istanbul-into-a-global-cultural-hub

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Latest news bulletin | September 20th, 2026 – Midday

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Latest news bulletin | September 20th, 2026 – Midday

Catch up with the most important stories from around Europe and beyond this September 20th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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Fact-check: Did Israeli children really sing about ‘annihilating everyone in Gaza’?

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It’s the latest video to have caused outrage online, showing children singing about the “annihilation” of Gaza and its people. The video was even posted and then removed by Kan, an Israeli state-owned news channel.

READ MORE : https://www.euronews.com/2023/11/27/fact-check-did-israeli-children-really-sing-about-annihilating-everyone-in-gaza

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Von der Leyen makes offer to Canada to become the EU’s 1st associate member

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European Commission President Ursula von der Leyen on Wednesday proposed opening the door for Canada to become the EU’s first-ever “associate member” — a striking overture as Trump’s tariffs push Ottawa closer to Europe.

“We want to bring the relationship with Canada to the highest level possible,” she said.

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Latest news bulletin | September 19th, 2026 – Morning

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Latest news bulletin | September 19th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this September 19th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

READ MORE : http://www.euronews.com/2026/09/19/latest-news-bulletin-september-19th-2026-morning

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