euro|topics
Updated: 17 hours 1 min ago
Tue, 03/21/2023 - 12:21
Romania's Financial Supervisory Authority (ASF) wants to revoke the operating licence of insurance company Euroins România due to insolvency. With 2.5 million customers, Euroins was one of the country's market leaders in vehicle liability insurance. The company's liquidity problems had been known to the financial watchdog for some time. Since this is not the first case of this kind, the national press complains about flaws in the system.
Mon, 03/20/2023 - 12:07
On 20 March 2003, the US invaded Iraq with the support of British, Polish and Australian troops. The "Coalition of the willing" succeeded in capturing Baghdad and toppling dictator Saddam Hussein. Since there was no mandate from the UN Security Council, the attack is widely considered to have violated international law. Europe's press debates the grave consequences of the war which are still felt today.
Mon, 03/20/2023 - 12:07
After the massive loss of confidence in Credit Suisse, rival Swiss bank UBS wants to take over its stricken competitor. The largest bank merger in Europe since the financial crisis of 2008 is to be backed by the Swiss National Bank with up to 100 billion Swiss francs (about 101 billion euros). Is the merger a sensible step or will it create an unwieldy monster?
Mon, 03/20/2023 - 12:07
The International Criminal Court (ICC) in The Hague has issued arrest warrants for Russian President Vladimir Putin and the Russian Commissioner for Children's Rights Maria Lvova-Belova. They have been charged with committing war crimes with the policy of forcibly relocating children from occupied areas of Ukraine to Russia. Europe's press looks at the consequences.
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