Denmark advised Danish banks to disregard the European directive to reduce exposure charges The European Parliament, in an attempt to align with the Basel Committee on Banking Supervision's regulation, passed a directive that will simplify the risk calculation for small- and medium-sized business loans.
Tags: European Parliament
Meta's Election Tools Blocked Over Privacy Concerns Ahead of European Parliament Vote
The Spanish Data Protection Agency has suspended Meta's election tools due to privacy concerns, blocking their rollout ahead of the European Parliament elections.
EU accuses Google of hurting consumers, competitors in Web search case
The European Union accused Google Inc on Wednesday of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business online.
Behind Google's Europe woes, American accents
When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.
EU investment plan to take shape next week
Jean-Claude Juncker will unveil a much anticipated 300-billion-euro ($370 billion) investment plan on Wednesday that is meant to trigger economic growth in the European Union.
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