Latest Europe Headlines

All the headlines from our Europe Topic Page, ordered by recency.

EU Gives Britain 6-Month Brexit Extension, Despite French Resistance

Apr 11 2019 // European Union leaders gave Britain six more months to leave the bloc, more than Prime Minister Theresa May says she needs but less than many in the bloc wanted, thanks to fierce resistance from France.The summit deal in...

Terrorism, Populist Politics Raise Risks for European Businesses: Aon Report

Apr 10 2019 // Europe faces an increasingly complex security environment, as Islamist and far-right terrorism creates new vulnerabilities for businesses and communities, according to new research from the broker Aon.In 2019, the risk...

UK Joins Global Backlash Against Tech Firms that Fail to Control Harmful Content

Apr 9 2019 // The U.K. joined a growing global backlash against technology companies such as Facebook Inc. and Twitter Inc., proposing fines and bans if social-media platforms fail to curb illegal activity.The government outlined plans...

FERMA Criticizes Cyber Insurance Guidelines Proposed by Int’l Standards Organization

Apr 8 2019 // The Federation of European Risk Management Associations (FERMA) is concerned about proposed cyber insurance guidelines being developed by the International Organization for Standardization (ISO), calling them...

Explaining Europe’s Growing Money Laundering Scandal

Apr 8 2019 // The largest ever money laundering scandal in Europe is rippling through the region’s banks.It began in the Baltics and has engulfed several Nordic lenders, notably Denmark’s Danske and Sweden’s Swedbank,...

Prime Minister May Seeks Another Brexit Delay, Setting Up Battle With EU

Apr 5 2019 // Prime Minister Theresa May has asked the European Union to delay Brexit until June 30, setting up a battle with the bloc ahead of a key summit next week.May wants an extension to June 30 and aims to avoid holding European...

UK Parliament Votes to Block Damaging No-Deal Brexit as Deadlock Continues

Apr 4 2019 // Britain took a decisive step away from a damaging no-deal Brexit as members of Parliament and political leaders backed efforts to prevent a disorderly departure from the European Union.The House of Commons vote shortly...

UK Financial Services Business Flows to EU to Avert Possible Brexit Disruption: Report

Apr 3 2019 // Financial firms in Britain continue to shift business to new European Union hubs and won’t stop unless Brexit is canceled, a think tank told British lawmakers on Wednesday.William Wright, head of New Financial, said...

Root of Brexit Crisis Is that No Good Compromise Exists: Opinion

Apr 3 2019 // The root of the Brexit crisis is not, as you might think, the failure of the hard-Brexit Tories to compromise. Rather, it’s that no good compromise exists. For three years Britain’s politicians have refused to...

EU Financial Services Chief Warns of Market Disruption from No-Deal Brexit

Apr 2 2019 // A no-deal Brexit would cause disruption and might also have an impact on liquidity in financial markets, the European Union commissioner in charge of financial services said on Tuesday in a stark reminder of the risks...

Money Launderers Could Begin Targeting Smaller Banks, Warns Denmark

Apr 2 2019 // Denmark’s financial watchdog is warning that smaller banks need to be on high alert for signs of money laundering as larger lenders tighten their surveillance systems.Jesper Berg, director general of the Financial...

Brexit Stalemate Continues as Senior UK Ministers Consider Delaying EU Divorce

Apr 2 2019 // Theresa May is expected to confront her most senior ministers with the potentially explosive option of delaying Brexit by months, as the U.K. struggles to find a plan for leaving the European Union.The British prime...

U.S. Judge Finds No Liability for European Banks in Iran Terrorism Financing

Apr 1 2019 // A U.S. judge has dismissed a lawsuit seeking to hold nine large European banks liable for allegedly providing banking services to Iran that enabled militants to conduct 55 attacks against U.S. armed forces in neighboring...

SCOR Merges European P/C and Life Entities into SCOR SE

Apr 1 2019 // SCOR Global Life SE and SCOR Global P&C SE merged into SCOR SE on March 31, 2019.This reorganization, which was announced by SCOR in September 2016 as part of its three-year strategic plan “Vision in...

Hard Brexit Fears Rise as UK Parliament Again Rejects Prime Minister’s Deal

Mar 29 2019 // Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it...

Brexit Political Impasse Deepens Even with Prime Minister’s Offer to Quit

Mar 28 2019 // Britain’s political standoff over Brexit escalated further, with even Theresa May’s announcement that she’ll quit as prime minister doing nothing to move closer to a resolution.It leaves the country...

UK Parliament Seizes Control of Brexit Process from Prime Minister May

Mar 26 2019 // The U.K. Parliament seized control of the Brexit process from Prime Minister Theresa May and will now seek to decide how Britain exits the European Union.In a vote late Monday, the House of Commons split 329 to 302 to...

While You Were Busy, You May Have Missed These

Mar 22 2019 // “The problem is that those of us who are lucky enough to do work that we love are sometimes cursed with too damn much of it.” ― Terry Gross, All I Did Was Ask: Conversations with Writers, Actors, Musicians,...

EU Gives UK Prime Minister Two Extra Weeks to Avoid No-Deal Brexit

Mar 22 2019 // European Union leaders staved off the threat of the U.K. crashing out of the bloc without a deal next Friday by giving Theresa May an extra two weeks to work out what to do.At a summit in Brussels on Thursday, the leaders...

Liberty Mutual Opens European Headquarters in Luxembourg in Preparation for Brexit

Mar 21 2019 // Liberty Specialty Markets, part of Liberty Mutual Insurance Group, said it has re-domiciled its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to Luxembourg, the home of its European...