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In July 2020, the European Commission initiated a review of Directive 2009/138/EC on the taking-up and pursuit of the business of insurance and reinsurance, also known as the Solvency II Directive, or Solvency II.
Draft plan to loosen state aid rules follows Joe Biden’s Inflation Reduction Act and Chinese subsidiesThe EU executive will loosen state aid rules and propose a new “European sovereignty fund” later this year, in response to the controversial US Inflat…
Paul Johnson responds to IMF warning that UK will be weakest major G7 economy this yearBritain the only G7 economy forecast to shrink in 2023A shortage of workers, expensive mortgages and the continuing effects of Brexit are all weighing on the economy…
A surge in trade by Russia’s neighbors and allies hints at one reason its economy remains so resilient after sweeping sanctions.
This blog has now closed, you can read more on this story hereJacob Rees-Mogg, the former business secretary, was not exactly on message in his Sky News interview with Kay Burley this morning. As well as implying that he thought the bullying inquiry in…
Private equity boss Guy Hands says Boris Johnson ‘threw the country and the NHS under the bus’Billionaire businessman Guy Hands has called Brexit a “complete disaster” and a “bunch of total lies” that has harmed large parts of the economy.Speaking on t…
The European Union Directive on Administrative Cooperation (DAC) dates back to 2011.
Proposed use of tax credits follows pressure to respond to Biden’s $369bn green subsidy scheme in USThe EU is stepping up its green subsidy race with the US through plans to loosen state aid rules on tax credits for renewable energy projects.European p…
He may yearn for a period of calm, but the prime minister faces some daunting challenges in the stormy months aheadHaving taken on the party leadership after months of economic turmoil, Rishi Sunak always faced a tough task in turning around his party’…
Vĕra Jourová says the bloc has a moral duty and the project would not necessarily mean a new stationRussia-Ukraine war – latest news updatesA senior EU official has called for a “Radio Free Russia” to help independent Russian media distribute content i…