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What's News Europe

Last Build Date: Mon, 19 Feb 2018 23:18:04 EST

Copyright: copyright © 2018 Dow Jones & Company, Inc.

Reinsurers Hit by Catastrophe Losses, Rising Competition

Mon, 19 Feb 2018 09:49:55 EST

Reinsurers are being hit by a one-two punch of soaring catastrophe losses and low renewal rates as insurers turn to other avenues to spread risk.

Stronger European Earnings Augur More M&A, Higher Dividends

Mon, 19 Feb 2018 08:15:39 EST

European companies are reporting higher revenues and profits as the continent benefits from the fastest pace of economic growth in a decade, prompting corporate executives to increasingly mull deal making and raise dividend payouts.

ECB Freezes All Payments by Latvia Bank Amid U.S. Probe

Mon, 19 Feb 2018 16:48:34 EST

The ECB has frozen all payments by a Latvian bank, following accusations by the U.S. that the small bank laundered billions in illicit funds, including for companies connected to North Korea’s banned ballistic-missile program.

Macron Law Jolts French Labor Market

Mon, 19 Feb 2018 21:48:44 EST

Some of France’s largest employers are seizing on President Emmanuel Macron’s labor-system overhaul to undertake mass layoffs, heralding a sea change for a country that has long coddled its workforce.

Germany's Coffers Are Overflowing, But No One Is Talking About Tax Cuts

Sat, 17 Feb 2018 11:34:06 EST

The German government never had so much money or so many ideas about how to spend it. The one thing that isn’t being discussed is giving it back to taxpayers.

Latvia Detains Top ECB Official in Anticorruption Probe

Sun, 18 Feb 2018 15:56:36 EST

A top European Central Bank official was detained over the weekend by Latvia’s anticorruption agency as part of a criminal investigation, in the latest blow to the small Baltic nation’s financial sector.

U.K. Wants Ongoing Defense Cooperation With EU After Brexit

Sat, 17 Feb 2018 07:31:39 EST

U.K. Prime Minister Theresa May has laid out key areas of security and defense cooperation she hoped to continue with the European Union after Britain leaves the bloc next year.

Pope Francis Names New Sex Abuse Panel Amid Criticism

Mon, 19 Feb 2018 18:37:06 EST

Pope Francis renewed his advisory panel on child protection, after a two-month lapse, amid growing criticism of his record on clerical sex abuse.

Don't Expect a Winner in the Italian Elections, Pollsters Say

Fri, 16 Feb 2018 11:36:53 EST

As Italy’s electoral campaign heads into the final stretch, polls show that the vote is likely to produce a hung parliament, as a new electoral law and millions of undecided voters combine to make this one of the country’s most unpredictable votes in years.

Hopes and Strains Endure in U.S.-Europe Partnership

Fri, 16 Feb 2018 03:25:46 EST

As officials converge for the Munich Security Conference, U.S.-Europe strains endure, but there is tentative confidence among many European diplomats that the core trans-Atlantic security partnership is holding.

Brexit Heads for Showdown Over Irish Border

Wed, 14 Feb 2018 19:51:30 EST

In the last 20 years, relations between the U.K. and Ireland have been the strongest in their long and troubled history. Now Brexit has badly damaged this vital bilateral relationship, while the challenges it raises on the island of Ireland threaten to disrupt the Brexit negotiations.

U.K.'s Boris Johnson Calls for Definitive Stance on EU Exit

Wed, 14 Feb 2018 12:34:09 EST

British Foreign Secretary Boris Johnson called for the U.K. to make a definitive break from the EU, rejecting the notion of a second Brexit referendum and extolling the country’s global economic potential once it is free of the bloc.

Europe Balks at Taking Back ISIS Fighters

Wed, 14 Feb 2018 03:26:54 EST

The U.S. is pressing for European Islamic State militants captured in Syria and Iraq to be sent back to their home countries in an effort to ensure they don’t return to the battlefield. One problem: Europe doesn’t want them.

The EU's Real Rule-of-Law Crisis

Sun, 11 Feb 2018 17:52:08 EST

The perceived failure of European Union member states to respect EU rules and of Brussels to interpret and enforce those rules consistently and fairly has been an important factor in all recent EU crises. It has led to a loss of trust not just in Brussels but in the governments of other EU member states.

NATO to Try 'Kitchen Table' to Soothe U.S.-Turkey Dispute

Mon, 12 Feb 2018 00:23:32 EST

Western diplomats hope to use a high-level gathering of the North Atlantic Treaty Organization this week to keep members U.S. and Turkey from going to battle against each other in Syria.

Plane Crash Near Moscow Kills All 71 on Board

Mon, 12 Feb 2018 00:27:53 EST

A Russian airplane crashed on the outskirts of Moscow shortly after takeoff, killing all 71 on board, as Russian President Vladimir Putin demanded an investigation into the disaster.

Macron Tested as Two Ministers Face Sexual Assault Allegations

Fri, 09 Feb 2018 22:49:47 EST

French President Emmanuel Macron has positioned himself as a crusader against sexual misconduct, but accusations recently leveled at two members of his own cabinet are testing that stance.

EU's Chief Negotiator Throws Doubt on Quick Brexit Deal

Fri, 09 Feb 2018 12:43:22 EST

“Substantial” differences exist between the U.K. and the European Union on the terms of a post-Brexit transition agreement, the EU’s chief negotiator said, throwing further doubt on hopes for a quick deal.

Detained Bookseller in China Says Sweden Using Him as 'Chess Piece'

Sun, 11 Feb 2018 07:00:18 EST

China defended the detention of Swedish bookseller Gui Minhai, saying he was suspected of leaking state secrets, a day after a police-arranged appearance in which he accused Stockholm of using him for political gain.

Why Border Controls on Trade Will Rise Again in Europe

Fri, 09 Feb 2018 10:37:04 EST

The British government’s clear rejection this week of any involvement in a customs union means one thing for British exporters, Stephen Fidler writes: a return to plenty of red-tape at the border.

German Coalition Deal Evokes Relief and Anxiety in Europe

Thu, 08 Feb 2018 08:14:37 EST

German Chancellor Angela Merkel’s coalition agreement with the Social Democrats will bring relief across Europe, but with negotiations looming on a major overhaul in how the eurozone operates, the news will also induce anxiety.

Brussels Neighborhood Struggles to Break Ties to Terrorism

Thu, 08 Feb 2018 13:36:51 EST

This week’s trial of the only surviving assailant from the November 2015 Paris attacks has refocused attention on the Brussels district of Molenbeek where he grew up and was captured.

Merkel Pulls Together Uneasy Governing Coalition

Wed, 07 Feb 2018 17:03:19 EST

German Chancellor Angela Merkel moved within reach of a fourth term after clinching a coalition deal that would keep Germany’s shrinking political mainstream in power but could leave her presiding over an unstable and fractious government.

Pope's Controversial China Overture Has Cold-War Precedent

Wed, 07 Feb 2018 12:40:38 EST

Pope Francis’ overture to Communist China echoes the Vatican’s conciliatory approach to Soviet-bloc states during much of the Cold War, a policy some say diminished and others say preserved the church there.

In Europe, Inflation Could Prove a Surprise

Wed, 07 Feb 2018 03:13:19 EST

A tentative pickup in wages on both sides of the Atlantic is focusing investors on a crucial risk for financial markets: What if the strengthening recovery leads to higher inflation?

Poland's Controversial Holocaust Bill Becomes Law

Tue, 06 Feb 2018 23:22:27 EST

Poland enacted a libel law to punish those who accuse Polish society of complicity in the Holocaust, despite objections from the U.S., Israel and some Auschwitz survivors, who said it threatened to stifle honest discussion of the Nazi genocide.

Amid Macron-Mania, Perhaps a Note of Caution Is Warranted

Mon, 05 Feb 2018 11:14:34 EST

President Emmanuel Macron has transformed perceptions of France, most notably on the economic front, but there are signs that the hurdles he faces may be bigger than previously thought.