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EU won’t be held hostage to UK’s Brexit crisis: Macron

The European Union will not be held “hostage” by the political crisis in the UK over Brexit, French President Emmanuel Macron said Tuesday. "The EU cannot be held hostage to the resolution of a political crisis in the United Kingdom on a long-term basis," Macron said at a news...

ECB in no hurry to spare banks negative interest rates

The European Central Bank will consider carefully before moving to soothe the effects of negative interest rates on eurozone lenders, board member Sabine Lautenschlaeger told AFP Tuesday. "We need first to better understand if and to which extent banks are affected on a net basis by the...