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EU needs energy union to safeguard industry: Commissioner

Last Updated: Friday, May 16, 2014, 17:09

Europe needs an energy union to safeguard its independence and competitiveness, as the threat of a Russian gas cut hung over some member states.

EU unveils long-awaited reform of 'too-big-to-fail' banks

Last Updated: Wednesday, January 29, 2014, 18:22

The EU unveiled long-awaited plans to rein in the "too-big-to-fail" banks Wednesday in what the bloc said was the final step towards preventing a repetition of the 2008 banking crisis.

EU regulators seek tax transparency from companies

Last Updated: Friday, May 24, 2013, 13:01

The detailed reporting requirements that EU banks will face starting in 2015 should be extended to non-financial firms, Commissioner Michel Barnier said Thursday in Amsterdam.

EU's Barnier eyes fresh squeeze on bank pay

Last Updated: Tuesday, January 24, 2012, 00:06

The European Commission is considering limiting top bankers' pay to a multiple of junior staff salaries as well as capping bonuses at a fixed ratio to pay, its regulatory chief said on Monday.