The European Systemic Risk Board (ESRB) is cautioning that there could be an onslaught of insolvencies unless the European Union (EU) pivots from loan support to debt restructuring and other efforts to help companies stay afloat. Get the Full Story Complete the form to unlock...
Google is calling on the United States to join a Technology and Trade Council (TTC) that was recently proposed by the European Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Commission and the European Central Bank (ECB) have released a joint statement saying they’re considering beginning work on a digital euro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The European Commission said in a report that it is working on a plan to speed up vaccinations and testing to help end the pandemic faster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In Europe, it’s a shot across the bow for U.S. tech giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
The International Monetary Fund (IMF) said Monday (Nov. 30) in a statement that the second wave of the coronavirus is stifling an economic rebound in the eurozone and additional funding could be necessary. Get the Full Story Complete the form to unlock this article and enjoy...
The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release. Get the Full Story Complete the form to...
Governments across Europe are re-imposing social distancing measures as COVID-19 roars back from a summer lull, prompting widespread concern of a new round of economic damage, The Wall Street Journal (WSJ) reported on Sunday (Oct. 25). Get the Full Story Complete the form to unlock...
