Policy

Trade policies, regulations, and government decisions

EU Moves to Strengthen Banking Competitiveness by Removing Cross-Border Barriers

EU Moves to Strengthen Banking Competitiveness by Removing Cross-Border Barriers

The European Union is preparing a broad package of reforms aimed at making its banking sector more competitive by reducing regulatory fragmentation, encouraging cross-border consolidation and improving the efficiency of capital allocation across the bloc. The initiative is designed to help European lenders better compete with global rivals while supporting investment and economic growth.

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Spain Nominates Pablo Hernández de Cos for Historic Bid to Lead the European Central Bank

Spain Nominates Pablo Hernández de Cos for Historic Bid to Lead the European Central Bank

Spain has formally nominated Pablo Hernández de Cos, former governor of the Bank of Spain and current General Manager of the Bank for International Settlements (BIS), to become the next President of the European Central Bank (ECB). The move marks Madrid's first attempt to secure the institution's top position and reflects the country's ambition to strengthen its influence over eurozone monetary policy.

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EU-Mexico Trade Pact Set to Deepen Investment, Market Access and Business Cooperation

EU-Mexico Trade Pact Set to Deepen Investment, Market Access and Business Cooperation

The modernized trade agreement between the European Union and Mexico is expected to significantly strengthen economic ties by reducing tariffs, expanding access to public procurement markets and enhancing the protection of geographical indications (GIs). The updated framework is designed to boost bilateral trade, encourage investment and create new opportunities for businesses on both sides of the Atlantic.

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