The restructuring will affect around 45 per cent of client loans, worth 18 billion euros ($21 billion) and follows several failed attempts to increase the profitability of the corporate bank
MoU have already been agreed with Albania, Georgia, Jordan, Kosovo, Moldova, Montenegro, North Macedonia and Ukraine, the Commission said in a press release
"We will be assessing the Belarusian authorities' actions … and conducting an in-depth review of the EU's relations with Belarus," Borrell said in a statement
The European Union on Tuesday said it is providing 1.65 million euro in humanitarian aid in response to severe flooding that has affected South Asia most notably Bangladesh, India and Nepal.
As the sporting world gradually emerge from months of lockdowns, the European Union's agency for law enforcement cooperation is warning against the greater risk" of game-fixing by criminals.
The efficacy of these treatments is being investigated worldwide, including in an EU research project
The latest round of talks ended on July 23 when both sides said there is still some way to go to reach a future trading relationship
Armed with an emergency fund of more than 2 billion euros (1.80 billion pounds), the European Commission wants to strike deals with up to six drug makers for their vaccines
On an annualised basis, EU economies shrank by 14.4%, and eurozone economies by 15%, the sharpest recorded contractions
The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom
The European Union has imposed its first-ever sanctions over cyberattacks, slapping them on alleged Russian military agents, Chinese cyber spies and organisations including a North Korean firm
The European Council introduced first ever restrictive measures against six individuals and three entities of Russia, China and North Korea
The European Union prolonged sanctions against dozens of North Korean officials and agencies for a year over Pyongyang's continued efforts to develop nuclear missiles and other weapons of mass destruc
EU institutions have started talks on the implementation of a massive recovery package linked to the bloc's next seven-year budget that was agreed during a summit meeting this month
EU health commissioner says there's concern over an upswing of new Covid-19 cases in several European countries caused primarily by complacency and laxity among the public
The Centre is playing down its trade relations with Asian countries with more noises about de-coupling from China
Economists project developed world central banks to keep liquidity tap open well into 2021
Never before did the EU invest in the future like this, Belgian Prime Minister Sophie Wilmes says
The EU currently has around 54 billion euros in outstanding debt, having borrowed nothing last year and just 5 billion euros in 2018
LinkedIn cuts 960 jobs, Swiss watch exports may slide 30%, 5 ways how Covid-19 has changed suburban real estate and other pandemic-related news across the globe