European Parliament backs long-awaited digital euro to reduce US dominance in payments

Published on 06/23/2026 – 15:05 GMT+2•Updated 15:24 The European Parliament’s Economic and Monetary Affairs Committee approved the long-awaited digital euro on Tuesday, as the EU seeks to reduce its reliance on US-controlled payment systems. ADVERTISING ADVERTISING According to European Central Bank (ECB) data, US payment giants Visa and Mastercard account for 61% of card payments […]

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Spain sounds the alarm on the future of EU green cash

Spain issued a strong warning that one of the EU’s flagship environmental funds risks losing its impact if it is absorbed into broader funding structures as negotiations over the multi-annual budget intensify, according to a document seen by Euronews. ADVERTISING ADVERTISING In the document circulated ahead of environment ministers’ meeting in Brussels on June 25, […]

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EU sets stage for decoupling Moldova’s accession bid from Ukraine’s

The European Union has set the stage for decoupling Moldova’s accession process from Ukraine’s after both candidates overcame Hungary’s two-year veto and opened the fist cluster of negotiations. ADVERTISING ADVERTISING The two countries have been informally paired since the early days of Russia’s war of Ukraine, which prompted the back-to-back membership applications. Since then, the […]

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