title=”EU proposes tighter money laundering supervision but no single agency” data-text=”EU proposes tighter money laundering supervision but no single agency” dir=”auto” class=”headline”>EU proposes tighter money laundering supervision but no single agency

By Francesco Guarascio BRUSSELS, Sept 12 : The European Commission has recommended changes to banking supervision following a series of high-profile money laundering cases but stopped short of setting up a new agency to tackle financial crime as called for by the European Central Bank. The move comes after Dutch giant ING last week admitted […]

Hungary’s Orban vows to defy EU pressure ahead of unprecedented vote

By Alastair Macdonald STRASBOURG, France, Sept 11 : Hungarian Prime Minister Viktor Orban told the European Parliament on Tuesday he would not bow to EU “blackmail” as lawmakers prepared to vote on whether to punish Budapest for eroding democracy. Since sweeping to power in 2010, Orban has pressured Hungary’s courts, media and non-governmental groups, as […]

As Sweden swings right, Bannon’s anti-EU crusade looks north

By Mark Bendeich and Crispian Balmer CERNOBBIO, Italy/ROME, Sept 11 : Having found an ally in the south and an admirer in the east, Donald Trump’s former political strategist Steve Bannon is now looking north for recruits in his crusade to undermine the European Union. And he believes the timing is perfect after famously liberal […]

Macron takes election dig at Merkel’s party over Hungary

By Marine Pennetier LUXEMBOURG, Sept 6 : French President Emmanuel Macron took a rare public dig at German Chancellor Angela Merkel on Thursday by questioning her party’s ties with Hungary’s right-wing leader as the EU prepares for an election next year. He was speaking after talks in Luxembourg with the three Benelux prime ministers, who […]

“Hurry up,” Calais region urges EU, UK leaders as no-deal Brexit looms

By Michel Rose PARIS, Sept 6 : Time is running out for regions on the frontline of trade between Britain and Europe to cope with the impact of a no-deal Brexit, from finding vets to building customs infrastructure, a northern French region’s “ambassador” to Britain said. Jean-Paul Mulot of the Hauts-de-France region that is home […]

Hungary’s Fidesz stands by European conservatives despite Salvini talks

By Krisztina Than BUDAPEST, Sept 5 : Hungary’s ruling Fidesz party is strongly committed to the mainstream conservative group in the European Parliament for elections next year, a top official said, but will still pursue common causes with the likes of Italy’s far-right League. Right-wing Prime Minister Viktor Orban agreed last week with League leader […]