The Ukraine economy is beating expectations nearly a year into the war. The country’s economic growth is expected to level off or even grow as much as 1% in 2023 after dropping 30% this year, Bloomberg reported Tuesday (Dec. 27). In addition, the inflation rate...
The Nordic countries are often considered pioneers when it comes to digital innovation and payments. With some of the lowest cash usage in the world and a history of interbank collaboration of money transfers and digital infrastructure, countries like Norway have been trendsetters in everything...
On July 1, the Czech Republic took over the presidency of the Council of the European Union from France — and for the next six months, it will set the priorities for the EU’s political agenda. On Wednesday, July 6, Czech Prime Minister Petr Fiala...
A French Member of the European Parliament (MEP) wrote a June 13 letter pushing for her country’s market regulator to review its approval of the Binance cryptocurrency exchange, saying a news report shined a light on potential money-laundering activity on the platform, Reuters reported Tuesday...
The European Union has published the European Innovation Agenda, a new plan that would help startups and scaleups in Europe to obtain private funding, have access to public markets or use stock options for employees, according to a Tuesday (July 5) press release. The EU...
The European Central Bank (ECB) will be eyeing the effects of digitization, including ways to “stay at the technological frontier and satisfy consumers’ demand for immediacy while preserving our sovereignty,” ECB Board Member Fabio Panetta said in a keynote speech during the European Payments Council’s...
The European Union has passed several laws aimed at providing digital identity protection, among them the General Data Protection Regulation (GDPR), which went into effect in 2018. Among the biggest violators of these protocols? American websites. According to one study, 67% of the top 1,000...
To make the European Union more competitive in the global technology race, Brussels is providing money for the chips that power electronic devices as supply chain problems have made them scarce, the European Commission announced in a Tuesday (Feb. 8) press release. Under the European...
Like many parts of the world, Europe is trying to strengthen protections for consumer privacy. While the region’s landmark privacy law, the General Data Protection Regulation (GDPR), requires websites to ask users for permission to be tracked online, many companies make it harder to refuse...
