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The Latvian government has agreed to sell off the good assets of failed bank Perex, which was rescued in a 2009 deal that has subsequently given rise to controversy.
European Commission's doubts about Orange and Jazztel may have implications for further consolidation in Europe's telecoms markets.
The proposal on banking structure is expected to divide MEPs at the committee on economic and monetary affairs meeting on Wednesday.
Published on 19.01.2015 / 17:56 CET
The Commission and Latvia will host an informal meeting in the hope that ministers and national representatives will back the new telecoms roadmap.
Published on 16.01.2015 / 16:57 CET
Commission alleges that complex tax arrangements allowed Amazon to channel profits away from other EU member states.
Published on 13.01.2015 / 19:38 CET
European Commission gives greater detail about its €315 billion investment plan.
Published on 12.01.2015 / 14:11 CET
The Latvian presidency appears to favour lowering roaming caps for calls and data rather than scrapping them.
Published on 10.01.2015 / 08:00 CET
An enforceable judgment in civil and commercial matters in one member state will be automatically enforceable anywhere in the EU.
Published on 08.01.2015 / 17:27 CET
2014 was a record year for fines in Europe, according to research.
Published on 08.01.2015 / 03:35 CET
Centre-left and Greens likely to fight to resurrect Commission proposal that threatened to break up large banks and make them focus on deposit-taking business.
Published on 23.12.2014 / 14:11 CET
Punishment of French industrial champion Alstom for conduct in emerging markets will exacerbate tensions in transatlantic commercial relations.
Published on 19.12.2014 / 01:15 CET
Commission will present a proposal that would require member states to share tax rulings.
Published on 18.12.2014 / 09:28 CET
The new rules will harmonise credit and debit card fees across the EU while banning some of the card schemes' more unpopular practices.