Europe News

Analysis: How digitising the Northern Irish border can help business make the best of a bad situation

The UK government on June 28 won a vote in the House of Commons to scrap the Northern Ireland protocol – despite heated opposition …

Europe / 29-06-22 / by Eleanor Wragg

Sanctions call time on Switzerland’s Russian coal trading hub

Sanctions foreshadow the demise of Russian coal traders operating in Switzerland, but an NGO is worried that authorities in the banking hub are not …

Europe / 22-06-22 / by Jacob Atkins

Bank in row with asset manager over trade finance write-downs

A judge in London has ordered a trade finance asset manager to hand over documents to a private Italian bank which has developed doubts …

Europe / 22-06-22 / by Jacob Atkins

UK government Brexit reforms ‘risk trade war with Brussels’

The UK government has angered the EU by unveiling legislation that would allow it to disapply parts of the Northern Ireland protocol, prompting business …

Europe / 15-06-22 / by John Basquill

Citibank allowed to proceed with GFG winding-up order, UK court rules

Citibank has been granted permission to pursue a winding-up order against three GFG Alliance companies, including trading arm Liberty Commodities, after a UK judge …

Europe / 08-06-22 / by John Basquill

Solvent but bankrupt: how sanctions felled Amsterdam Trade Bank

The writing was on the wall for the Amsterdam Trade Bank (ATB) when, after being sanctioned by the US in early April over its …

Europe / 31-05-22 / by Jacob Atkins

UKEF at odds with industry over FX risk product

As UK Export Finance (UKEF) deliberates the launch of a new foreign exchange (FX) cover scheme, the British government is warning of a “significant …

Europe / 25-05-22 / by Felix Thompson

European exporters brace for non-payment hit

European exporters are growing increasingly concerned over the threat of non-payment and payment delays, as the dual impact of the Ukraine war and Covid-19 …

Europe / 18-05-22 / by Felix Thompson

EU approves funding for Lithuanian firms hit by China trade spat

The European Commission has rolled out a €130mn scheme to support Lithuanian businesses it claims are suffering from discriminatory Chinese trade practices. Under the …

Europe / 10-05-22 / by Felix Thompson

Dutch trade finance bank goes bust after Russia sanctions

Amsterdam Trade Bank (ATB) has filed for bankruptcy after the lender and its parent company, Russia’s Alfa Bank, were hit with sanctions in response …

Europe / 27-04-22 / by Jacob Atkins