EU plan to control money laundering in football ignited by Chelsea claims

EU plan to control money laundering in football ignited by Chelsea claims

Lawmakers say allegations of wrongdoing by ex-owner Roman Abramovich lend credence to their crusade against dirty money in sports, though others urge caution Recent revelations about financial malfeasance at Chelsea FC have sparked EU plans to subject football to strict anti-money laundering restrictions. EU negotiators are locked in a battle over whether to include football … Read more

The Potential and Challenges of Northern Ireland: Exploring Economic Success Amidst Political Disarray

The Potential and Challenges of Northern Ireland: Exploring Economic Success Amidst Political Disarray

BELFAST Great Britain and the EU agreed on a compromise in March after a long dispute over special Brexit rules for Northern Ireland. This means that food and medicine can be easily exported from the rest of the United Kingdom to Northern Ireland. However, uncompromising supporters of the union with Great Britain are fighting with … Read more

King Charles III’s state visit dispels Brexit’s evil spirits.

King Charles III and Federal Chancellor Olaf Scholz (SPD) Charles provides the pragmatic superstructure for a partnership between the UK and the EU. (Photo: Reuters) London “Why do Germans love the royal family so much?” asked the conservative London daily “The Telegraph” on the occasion of King Charles III’s state visit. The 74-year-old monarch tried … Read more

The “subsidy war” between Europe and the United States

Why is Europe keeping a cautious eye on US subsidies? And what impact could this have on the people of the continent? Washington’s Inflation Reduction Act (IRA) was signed into law in August 2022. This multi-billion dollar grant package aims to ensure that the United States reduces its greenhouse gas emissions. So why do some … Read more

Sunak in Northern Ireland – agreement in the Brexit dispute closer

BELFAST The dispute over the “Northern Ireland Protocol” negotiated with Britain’s departure from the EU has been paralyzing the formation of a regional government in Belfast for months. The predominantly Protestant Unionists see the Brexit agreements as a threat to their ties to the kingdom and are blocking a new government. They want drastic changes. … Read more

Johnson hopes it will come into force quickly

– Boris Johnson The Northern Ireland Protocol stipulates that the province will remain part of the EU’s internal market and European Customs Union. – (Photo: AP) – – – – London British Prime Minister Boris Johnson hopes his controversial law to overturn the Brexit agreements on Northern Ireland can come into force quickly. The bill, … Read more

Risk of Le Pen’s electoral success weighs on government bonds

– Election posters in France In 2017, Macron and Le Pen competed against each other in the runoff. – (Photo: dpa) – – – – Paris The uncertainty about the outcome of the French presidential election is reflected in the financial markets. The gap in the polls between incumbent Emmanuel Macron and right-wing populist Marine … Read more

Brexit attracts more financial institutions to Germany than expected

View of Frankfurt at sunrise Several major foreign banks have chosen the Main metropolis as a hub for their European business. – (Photo: REUTERS) – – – – Frankfurt Two weeks after the completion of Brexit, an initial conclusion can be drawn for Germany as a financial center: According to the Federal Ministry of Finance, … Read more

The EU bonds are a future model for Europe

– The author Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies and at the Institute for Overall Analysis of the Economy, Linz. – – – – – In the last months of 2020, the EU issued its first Covid-related bonds. The money raised by the EU Commission on the financial … Read more