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''Times are changing, pay your taxes," euro zone chief tells corporations

Multinational companies should refrain from tax-avoidance practices and pay their fair share, the head of euro zone finance ministers said on Saturday in a new endorsement of the European Union`s fight against tax-dodging.

EU to draw up tax haven blacklist

EU to draw up tax haven blacklist

EU nations have agreed to draw up a blacklist of tax havens in the wake of the Panama Papers leaks. Finance ministers have endorsed the move, which is to be completed by the end of the summer.

EU reaches accord on disputed financial transaction tax

The EU finance ministers backing a controversial financial market tax, agreed on Tuesday it would come into effect in 2016 at the latest, despite strong opposition by some countries, officials said.

EU reach banking union deal to close failing banks

EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.

EU finance ministers under pressure on next step in bank regulation

The 28 are trying to reconcile deep differences over a Single Resolution Mechanism (SRM) meant to stabilise, and if necessary, close a failing bank before it does too much damage.

EU ministers narrow differences over banking union

EU finance ministers narrowed Friday some of their differences over "Banking Union", a new framework meant to prevent a repetition of the financial meltdown that plunged Europe into crisis.

EU finance ministers to agree new bank supervisor system

EU finance ministers were set Tuesday to take a key step towards a new bank regulatory framework with final clearance of a single supervisor regime.

EU finance ministers struggle on bank closures

As the talks dragged on after an early start Friday, hopes faded of an overall deal to finally put the banking sector's problems to rest.

Cyprus eases some restrictions on banks: Report

Debit and credit cards can be used normally for domestic payments following the ease on transaction.

Euro ministers agree to ease bank levy conditions for Cyprus

Faced with mounting public outrage in Cyprus and hostile reaction from global financial markets, the euro zone finance ministers have decided to ease the conditions of a bank levy for small savers, which was agreed last Saturday as part of a 10 billion-euro (13 billion dollars) bailout for the debt-stricken nation.

EU finance ministers reach basic pact to cap bankers' bonus

The Finance Ministers of the European Union have reached a basic agreement to rein in bankers' bonus, leaving Britain isolated as the only member-nation refusing to sign up.