New policies are being instituted to make 'shadow banking' safer for market players, according to the European Union.
Tags: European Union
European Union levy still not final despite legal opinion
Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.
EU agency to manage weak banks and deep debts to be set up post-German elections
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
EU's policy on welfare needs fixing or UK will split- report
UK Prime Minister David Cameron said in an interview with a newspaper last September 6 that the country would be considering severing its ties with the European Union if stricter reforms were imposed on "welfare tourism".
Taxing financial deals is illegal- EU lawyers
Lawyers of the European Union said the proposed transaction tax plan was illegal. European Union lawyers said the transaction tax plan proposed by eleven European member states was illegal.
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The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.
Google lost its proposal to delay the proceedings regarding a London antitrust case filed by Foundem.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
William Hague said that he is calling for a reform in the European Union competences. UK foreign secretary, William Hague, called for a reform to decentralize power in the European Union for the benefit of all of its members, not just Britain.
The European Union weighs options regarding the military wing of Hezbollah as Britain persuaded its peers to blacklist the Shi'ite Muslim group's military wing.
Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
The European Union plans to set aside US $22 billion to finance research for various industries. The European Union recommended a US $22 billion (Eur 17.
