EU sanctions against Russia would destroy Cyprus economy: FM

If the Europe Union were to implement economic sanctions against Russia then it could very well “destroy” the economy of Cyprus, according to foreign minister Ioannis Kasoulides, who spoke with a German newspaper last week. "There are very strong economic ties between Cyprus and … [Read more...]

Europol seeking more control over bitcoin to prevent money laundering

Bitcoin could be causing a regulatory nightmare for officials across Europe. Europol, the European Union’s law enforcement agency, is calling for greater powers in order to tackle money laundering schemes that involve the digital currency. The EU law enforcement organization argues … [Read more...]

EU urged to put bitcoin on agenda by French Minister

Digital currencies like bitcoin have proven to be quite troublesome for an array of countries all over the world. Central banks and federal governments have repeatedly issued statements and officials have either celebrated or decried the virtual currency. The latest is a minister from … [Read more...]

Apple Inc. (AAPL) runs afoul of EU consumer protection law in Belgium

Apple Inc. (NASDAQ:AAPL) today ran afoul of consumer protection laws in Belgium, though the legal code it violated applies to all of the European Union (EU). The law which was violated is one designed to ensure quality products are sold to European consumers, and declares that all … [Read more...]