Eleonora Vasques

Battle lines are being drawn between member states on EU spending, with southern and eastern states seeking more for agriculture and regional funding while hawkish governments push back. #EuropeNews

The euro will not become a global reserve currency "overnight", European Central Bank President Christine Lagarde said on Monday in Brussels, urging

In an increasingly unstable geopolitical landscape, the EU has no choice but to take control of its own money, head of ECB tells panel in Brussels.

Eleonora Vasques 2 min read The European Union will propose new legislation to reform the banking sector, aiming to break down

The European Parliament's Economic and Monetary Affairs Committee approved the long-awaited digital euro on Tuesday, as the EU seeks to reduce its reliance on US-controlled payment systems.

The digital currency is expected to launch by 2029, in push to bolster European autonomy in payments away from the dominance of the US dollar.

The digital currency is expected to launch by 2029, in a push to bolster European autonomy in payments away from the dominance of the US dollar.

The European Commission presented a new tax simplification package on Wednesday, expected to save EU businesses €8 billion annually, including €3.3 billion in administrative costs.

The International Monetary Fund (IMF) and China's official Bureau of Statistics have signed a new Memorandum of Understanding on Wednesday to improve the measurement of China's digital economy.

An accurate measurement of China's digital economy is a priority for other powers competing with Beijing in fast-developing technologies.