Europe

Politics & Institutions

Nadia Calviño has an excellent reputation in Brussels thanks to her work in the European Commission’s services from 2006 to 2018, and then as head of Spain’s ministry of the economy. Photo: Shutterstock

Nadia Calviño to be the first woman to head the EIB

On 8 December, the Ecofin Council agreed on Werner Hoyer’s successor as the head of the European Investment Bank. Spain’s minister for economic affairs, Nadia Calviño, will become the first woman to hold this post. Here’s a look back at a career that has oscillated between Madrid and Brussels.

Marc Fassone • 08.12.2023

SMEs in the European Union are facing severe skills shortages. Photo: Shutterstock

Luxembourg SMEs suffer less from skills shortages

Rebeca Suay • 21.11.2023

The European Council adopted a new set of rules to digitalise the Schengen area’s visa procedure on Monday. Photo: Shutterstock

EU council green lights digital Schengen visa applications

Kangkan Halder • 13.11.2023

Maren Stadler-Tjan, investment funds partner at the law firm of Clifford Chance. Photo: Clifford Chance

Industry leaders call for SFDR clarity and debate sustainability labels

Christina Clements • 17.10.2023

Margrethe Vestager, Teresa Czerwińska, Nadia Calviño, Daniele Franco and Thomas Östros are the five candidates who have been assessed by the EIB’s consultative committee on appointments to succeed Werner Hoyer. Photos: Shutterstock, EU. Montage: Maison Moderne

Five candidates for the presidency of the EIB

Mathilde Obert • 12.09.2023

Trade between the EU and Russia has been significantly affected by import and export restrictions enacted in response to Russia's invasion of Ukraine, Eurostat data reveals. Photo: Shutterstock

From 9.6% to 1.7%: Russia’s stake in EU trade plummets

Kangkan Halder • 04.09.2023

The European directive known as the Digital Services Act, which aims to create a safer digital space by tackling online hate, manipulation and commercial deception, has come into force. Photo: Shutterstock

Digital Services Act comes into force

Jeremy Zabatta • 25.08.2023

“This review concerns not just Credit Suisse shareholders, but the entire Swiss financial sector, to prevent unchecked expropriations,” said Arik Röschke, the general secretary of the SASV, a Swiss investor protection group. Photo: Shutterstock

SASV files lawsuit against UBS on behalf of 1,000 stakeholders

Kangkan Halder • 14.08.2023

Over half of government spending on R&D in the EU went towards the advancement of general knowledge. Photo: Romain Gamba / Maison Moderne

Luxembourg tops EU in government R&D money

Delano.lu • 05.08.2023

MEP Isabel Benjumea said a revamp of European investment fund rules, announced on 20 July 2023, will boost investor protection and the EU’s capital markets union. Library photo: European Parliament (2020)

Provisional accord reached on updated private market fund rules

Aaron Grunwald • 21.07.2023

A hybrid event on sanctions against Russia, held on 11 July 2023, included a speech from Alberto Fernández-Díez, head of the trade and economic section of the EU delegation to Ukraine, a presentation of a platform on seized Russian assets, and a panel discussion with Ukrainian politicians and judges. Photo: Lukasz Kobus/EU

“We want to disrupt the Russian war machine”

Lydia Linna • 15.07.2023

The EU’s Agency for the Cooperation of Energy Regulators provides support, monitoring and advisory services to ensure the integration, transparency and proper functioning of national energy markets and infrastructure within the European Union. Photo: Shutterstock

439 energy crisis measures by member states, including 20 from Luxembourg

Kangkan Halder • 14.07.2023

The EU experienced significant shifts in import volumes and value of energy-related products in Q1 2023, consequently affecting the market share of exporting countries. Photo: Shutterstock

Paramount market shift in EU energy imports amid Russia sanctions

Kangkan Halder • 05.07.2023

The NGO ShareAction has introduced a comprehensive four-point definition for “responsible investment” with the aim of elevating standards across the financial sector. ShareAction CEO Catherine Howarth (left) elaborates. Photo: ShareAction, Shutterstock, Montage: Maison Moderne

NGO redefines ‘responsible investment’ in bid to improve standards

Kangkan Halder • 04.07.2023

Prime minister Xavier Bettel (DP) pictured during a meeting of the Transport, Telecommunications and Media Council on 2 June 2023. Photo: European Union / Alexandros Michailidis

Luxembourg says did not back EU rules allowing spying on journalists

Cordula Schnuer • 28.06.2023

While the Commission’s proposals aim to simplify procedures for investors and tax authorities, they are also designed to prevent certain abusive practices with regard to refund claims. Photo: Shutterstock

Three new procedures to combat tax fraud

Maëlle Hamma • 20.06.2023

1
Institutions
The financing of the CSSF and CAA is under review
2
Markets
Companies who better manage ESG risk see better annual returns: study
3
Funds
“Education and deregulation”: Claus Mansfeldt’s key points for 2024
4
Markets
What’s in the “next episode” of the Dora regulation
5
Funds
JPMorgan launches income-focused active ETF