Author: Euronews

Central bankers say pro-competition reforms still wouldn’t ensure seamless service for their new digital euro. ADVERTISEMENTA promise made by tech giant Apple to open up its iPhone payments service – after a preliminary finding by the European Commission that its behaviour was restrictive – don’t go far enough, the European Central Bank has said, in remarks that represent an unusual foray into antitrust policy.In January, the tech giant proposed to let alternative providers access the near-field communication (NFC) chip that lets users buy goods with just a tap of their iPhone.But they exclude ecommerce, transactions among friends, and wearables like…

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France is under intense fiscal scrutiny as it approaches weeks filled with critical events, including imminent ratings reviews from credit rating agencies. Economists warn that significant fiscal tightening may be required to prevent a downgrade. ADVERTISEMENTThe French government is approaching a crucial phase in the upcoming weeks, with its fiscal policies under intense scrutiny. By the end of April, it is slated to present its stability programme, which will update its medium-term fiscal strategy. Critical moments on the horizon include ratings reviews from Moody’s (currently AA with a stable outlook) and Fitch on April 26 (AA- with a stable outlook), with…

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The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. As it finesses its strategy on trade, the EU needs to think how to moderate its sustainability agenda, which is proving too much for its trading partners to swallow, John Clarke writes. ADVERTISEMENTFor decades, the EU was reluctant to use trade agreements as a Trojan Horse for environmental and other “non-trade issues”. Don’t mix trade with other issues. It’s not a means to an end. “Render to Caesar what belongs to Caesar” was how one European Commissioner dubbed…

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Hoteliers and Airbnb owners in the French capital of Paris are lowering their prices ahead of this year’s Olympics as supply outstrips demand. ADVERTISEMENTParis is expecting to welcome an expected 15 million tourists this summer as it hosts this year’s Olympic Games. However, it looks as though those seeking reasonably priced accommodation may get lucky, with costs expected to be lower than first predicted.According to insurance firm Réassurez-moi, the price of booking one night in Paris or a neighbouring area during the Olympic period stood at €436 in April, down from €1,023 seen in July last year.The drop in prices, experts…

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