Finance news

Migration: EU agrees on deportation centers in third countries

The EU wants to tighten migration policy. Rejected asylum seekers will in future be taken to so-called return hubs. It is still unclear where these centers will be built.

◇ unclassifiedgermany · europe · uk

Lobbying battle in Brussels: industry protection or affordability? EU plans for steel protection measures divide German industry

The EU is considering protecting an important European steel against competing products from Asia. But European steel customers fear for their cheap imports - and are up in arms.

Social◇ unclassifiedeurope

I have around 40k€ sitting in a savings account as an emergency fund. Is that too much?

As the title states, I have 40k€ sitting in a savings account in Scalable Capital, earning an annual interest of 2.5%. This money is intended as my emergency savings, but I feel like it is a bit too much. As an immigrant to the EU from a poorer country, we were always taught that real wealth is always kept in cash and I am afraid that I still carry this mentality with me. I am 30M, single with no significant dependents and a working professional with a stable job. I already invest 1000€ monthly

Anthropic: EU cybersecurity agency gets access to language model “Myth”

Anthropic gives the EU cybersecurity agency access to its language model. The AI tool can detect vulnerabilities in systems and numerous US companies are already using it.

◇ unclassifiedgermany · europe · usa

Draft guidelines: EU restricts US cloud companies' access to tenders

The EU Commission is planning to restrict the awarding of cloud contracts. Large cloud providers from the USA may be affected by the legislative package.

Financial markets: Private banks welcome push for more centralized financial supervision

The German private banks see the E6 initiative as giving new impetus to the faltering Capital Markets Union. The plans for greater standardization could strengthen EU competitiveness.

40d06/01⚠ war-conflict · 3/5

Poland spends $16.5 billion in EU-backed loans on heavy army weapons

Amid political infighting over the funding mechanism, the government has tapped local companies to make fighting vehicles, howitzers and ammunition.

◇ unclassifiedusa · europe · uk

◇ unclassifiedmiddle-east · russia · usa

Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet

A Danish shipyard has remained the single EU facility that services LNG carriers that transport gas from Novatek’s Yamal LNG terminal, the Financial Times has reported, citing a local NGO. According to data from the organization, Urgewald, the Fayard shipyard is providing dry dock services to the Arc7 class LNG carriers specially designed to navigate Arctic waters, with six of the 15 such vessels in operations scheduled to receive repairs at the Danish port this summer, despite opposition from t

Social◇ unclassifiedeurope · usa

First time investing plan, need some guidance

Hello everyone! I'm 30 and starting to invest. I'm currently living in Finland but leaving soon and will probably move between EU countries every few years, so my tax residence keeps changing. I'm designing my investment plan now and would really appreciate some help. I can put in about €2000 a month for the long term (expect this to grow). I want to go fairly heavy on tech/AI but keep some diversification. I work in the field so this is a conscious decision and not just FOMO. All accumulating U

41d06/01

Selling my car and looking for options to diversify my portfolio

II’m an EU investor with a long-term horizon. My current allocation is mostly broad equity index funds (EuroStoxx 60 and S&P 500/Nasdaq) plus a gold position. I’ll soon have a lump sum available that is large relative to my existing portfolio and I’m interested in learning how investors generally think about deploying new capital in this situation. submitted by /u/Acid_3929 [link] [comments]

Social◇ unclassifiedusa · europe

41d05/31

Dividend tax: billions from the tax authorities for fund investors – things are moving forward

The German tax authorities transfer billions in dividend taxes and interest to funds from other EU countries - whose investors benefit. What matters now.

42d05/30⚠ war-conflict · 1/5

Brussels Just Gave Itself the Power to Override Private Contracts

This article examines the European Union's proposed Tech Sovereignty Package and its potential impact on the technology sector. According to the report, the proposal could allow EU authorities to intervene in semiconductor supply arrangements during emergencies and impose stricter requirements on where sensitive government data is stored and processed. The article discusses how these measures could affect major technology companies, cloud providers, and existing commercial agreements. It also ex

Social◇ unclassifiedusa · europe

42d05/30

Trade dispute: China threatens possible counter-reactions after EU debate

In Brussels, a committee is discussing Europe's relationship with China. Beijing is monitoring developments closely – and is urging the EU to be cautious.

◇ unclassifiedgermany · europe · china

43d05/30

The electric revolution will not be televised

Politicians from Paris to Brussels are calling for a massive overhaul of the EU’s economic system – as if it weren’t already happening, under adverse conditions, and at a grassroots level

◇ unclassifiedeurope

◇ unclassifiedgermany · europe · usa

EU financial market: “Important signal”: Plans for central European banking supervision are making progress

Apparently the finance ministers of the six largest EU states have come closer together on the issue of capital markets union. Lars Klingbeil promised that national egoism would be left behind.

43d05/29⚠ war-conflict · 2/5

Ukraine war: Merz assures Romania of alliance loyalty after drone strike - Putin demands information

For the first time since the start of the war, a drone has hit a densely populated place in Romania. The EU and NATO criticize the incident. Russian President Putin makes a proposal.

◇ unclassifiedgermany · europe · russia

◇ unclassifiedgermany · europe · australia

Europe: Magyar triumphs: EU releases 16.4 billion euros for Hungary

The EU had frozen the funding due to violations of the rule of law under Magyar's predecessor Orban. Now the money should flow again - if the new Prime Minister implements reforms.

Today: EU: Free CO2 certificates will only be available against green investments in the future

The EU wants to link easing of emissions trading to green investments. And: Some banks want to take part in an ECB pilot project for the digital euro.

43d05/29⚠ war-conflict · 2/5

United Kingdom: “The Brexit taboo has been broken”

The British have long recognized leaving the EU as a mistake, says historian Helene von Bismarck. Why the populists still remain strong.

◇ unclassifiedgermany · europe · uk

Dispute over the rule of law: EU Commission wants to release billions for Hungary

Because the EU Commission believed Hungary was violating fundamental rights, billions were frozen. Brussels hopes for change under Magyar and is holding out the prospect of releasing billions.

Social◇ unclassifiedeurope · germany

Could tokenisation allow EU residents to buy fractional ownership in property across Europe?

I'm trying to understand the practical side of tokenised real-world assets, particularly real estate. This question came to mind after reading about the EU's DLT Pilot Regime and ongoing discussions around tokenised assets. Most of the material focuses on financial infrastructure and regulation, but I'm more interested in what this could mean for ordinary investors and cross-border real estate investing within Europe. I wanted to diversify my investments across several European countries rather

◇ unclassifiedchina · asia · germany

EU’s 6 biggest economies agree on capital markets supervision

Finance ministers ⁠from the EU’s six ⁠biggest economies (E6) have agreed a ⁠common position on a European Commission proposal for joint capital markets supervision, Germany’s finance ministry said on Friday. The push for financial market players to be supervised at a European Union rather than national level is part ‌of a bid to boost the bloc’s competitiveness as it struggles with weak growth and fierce competition from the United States and China. Supervision of significant market...

◇ unclassifiedusa · europe

EU seeks to 'intensify' talks with U.S. on advanced cyber AI models, official tells CNBC, amid Mythos concerns

Anthropic's Mythos model, which has advanced cyber abilities, has prompted a wave of concern from governments and businesses.

EU Inc dream meets Council reality

Countries like the idea but find parts of the execution lacking

◇ unclassifiedeurope

Comment: The EU Commission is heading towards the next wrong path in climate policy

The compulsory investment in emissions trading will cause more damage than progress. The industrial electricity price is a deterrent example of this.

43d05/29⚠ war-conflict · 2/5

The era when Europe viewed China as a partner is over, Brussels insider warns

The European Union and China are entering a new, more turbulent era in trade relations, as China has evolved from Europe’s favoured customer into a sophisticated competitor, a Brussels lobbyist has said. Chinese businesses are likely to face tougher scrutiny in the EU market as a result, with Brussels already taking steps to diversify its trade and mulling more robust measures to shield local industry from Chinese competition, according to Michael Koplovsky, a senior adviser at the strategic...

◇ unclassifiedchina · asia · europe

Bulgaria heads for EU deficit procedure months after euro entry

The formal launch of the procedure is expected as part of the Commission's spring economic package on 3 June

◇ unclassifiedeurope

◇ unclassifiedchina · asia · usa

Asia faces ‘costly paradox’ over divergent AI rules in US and EU

Asian technology firms are facing a “costly paradox” as they try to navigate an increasingly uneven global AI rule book, with divergent compliance requirements in the European Union and the United States threatening to blunt their competitive edge. Analysts say the challenge is acute for Asian companies. While the EU has a single, comprehensive and legally binding artificial intelligence framework based on the landmark EU AI Act, US technology-related laws are decentralised at the state...