Europe

Europe
Five Key Takeaways For Big Tech From Europe’s Digital Services Act  
December 16, 2020

In Europe, it’s a shot across the bow for U.S. tech giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Europe
Slow Economic Growth, Continuing COVID Outbreaks Could Impact EU’s Public, Private Sectors, IMF Says
November 30, 2020

The International Monetary Fund (IMF) said Monday (Nov. 30) in a statement that the second wave of the coronavirus is stifling an economic rebound in the eurozone and additional funding could be necessary. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
European Central Bank To Launch Probe Of 10-Hour Payments System Outage
November 16, 2020

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release. Get the Full Story Complete the form to...

Europe
Second Outbreak Wave Forces Europe To Tighten Restrictions
October 25, 2020

Governments across Europe are re-imposing social distancing measures as COVID-19 roars back from a summer lull, prompting widespread concern of a new round of economic damage, The Wall Street Journal (WSJ) reported on Sunday (Oct. 25). Get the Full Story Complete the form to unlock...

Europe
EU Could Put Facebook, Apple And Other Big Techs On Regulatory ‘Hit List’
October 11, 2020

European Union (EU) regulators are drawing up a list of up to 20 large internet companies, possibly including Facebook and Apple, to be targeted with far more strict regulations in the future to limit their market power, according to a report from the Financial Times...

Europe
Economists Warn Of Slowing Recovery For Europe
October 11, 2020

Europe is falling back into COVID-19’s grip as the virus delivers a harsh rebuke in country after country whose residents thought they’d beaten it, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Europe
EU Considers Tougher Rules On Big Tech Firms
September 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
COVID Hits UK Economy Harder Than Other Developed Economies
August 12, 2020

The impact of the coronavirus in Europe hit the United Kingdom (U.K.) especially hard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Europe
EU Banks Prep For $26B In Q2 Loan Losses
July 26, 2020

European banks are preparing to take huge losses on their loans as COVID-19 keeps taking its toll on financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....