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European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsEU looks at easier decision-making, budget changes to enlargeEU to offer candidates gradual market access, cash for reformsEU leaders to discuss enlargement on Oct 5-6 in GranadaBRUSSELS, Sept 28 (Reuters) - European Union governments discussed on Thursday how to revamp EU decision-making and finances to be ready for new members as the Commission said it would propose cash and EU market access for candidates to speed up their membership preparations.The talks...

WASHINGTON/NEW YORK, Sept 27 (Reuters) - U.S. financial firms are pushing for greater clarity on proposed new rules curbing U.S. investments in some China technology sectors which they say are too vague and put the onus of compliance on investors.Aiming to protect national security and prevent U.S. capital from aiding China's military, President Joe Biden issued an executive order last month restricting new U.S. investments in sensitive Chinese technologies. The Treasury Department subsequently kicked off a rule-making process to implement the order, and financial firms have been rushing to meet...

Werner Hoyer, President of the European Investment Bank, attends the Ukraine Recovery Conference in London, Britain June 21, 2023. REUTERS/Hannah McKay/Pool/File Photo Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - The head of the European Investment Bank (EIB) has warned his soon-to-be-announced successor that bowing to pressure from some EU capitals to fund weapons for Ukraine would put the bank on the "wrong track". Werner Hoyer will step down from the EU's powerful lending arm at the end of December after 12 years turning the EIB into one of the...

BRUSSELS, Sept 20 (Reuters) - European Union's second-top court on Wednesday backed an EU competition regulator's decision against a 700-million-euro ($748 million) Belgian tax scheme for 55 multinationals, in a major win for EU antitrust chief's crackdown on sweetheart tax deals.The Luxembourg-based General Court had in 2019 annulled Margrethe Vestager's decision after Belgium and about 30 of the companies challenged it.Beneficiaries of the Belgian scheme that dated from 2005 included U.S. manufacturer Magnetrol, oil company BP (BP.L), chemical producer BASF (BASFn.DE), Wabco, Cellio, Atlas Copco (ATCOa.ST) and Belgacom, now Proximus...