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Money

Italy has been promised €200 billion from the EU, but is struggling to find ways to spend the money

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“It’s mathematical. It’s scientific. Some projects won’t be completed by 2026.” With these blunt words, Italy's Minister for European Affairs Raffaele...
Finance

What are the prospects for UK/EU financial regulatory cooperation?

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The Brexit agreement between the EU and the UK controversially did not include any commitments on financial services, although the then prime minister Boris Johnson said it would be preferable if it had done so.However, the trade agreement was accompanied by a (political rather than legal) joint declaration committing the two sides to agree a memorandum of understanding on financial services regulatory cooperation by March 2021.The MoU was duly agreed but has since existed in limbo, having not been formally signed off by the EU’s institutions.Costs will increase for cross-border firms...
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