Cryptoeu

Geraldine Byrne Nason, Ambassador of Ireland to the United States, says it's in Ireland's interest to "stabilize" trade relations with the US and EU. President Donald Trump threatened new tariffs on goods from the European Union in retaliation for a $1 billion ( 890 million) fine placed on Alphabet's Google. Ambassador Nason calls this "disappointing." She speaks on "Balance of Power."

US President Donald Trump threatened a fresh set of tariffs on products from the European Union in response to the bloc's $1 billion ( 890 million) fine of Alphabet Inc.'s Google. Jeff Mason reports on Bloomberg Television.

The European Union has adopted its 21st package of sanctions against Russia, adding new restrictions on Russian banks and cryptocurrency networks.

Spanish Economy Minister Carlos Cuerpo said he sees a chance to revisit the idea of joint borrowing within the European Union, despite initial skepticism to a proposal he made on the subject this week from member states such as Germany and the Netherlands. Cuerpo made the comments in an exclusive interview with Bloomberg Television's Oliver Crook on Friday.

Spanish Economy Minister Carlos Cuerpo discusses the idea of joint borrowing within the European Union, saying there is a "new window of opportunity" despite initial skepticism to a proposal he made on the subject this week. "Fragmentation is costing us dearly," Cuerpo tells Bloomberg's Oliver Crook.

European Union finance ministers are gathering in Brussels for a Eurogroup meeting. Bloomberg's Suzanne Lynch breaks down what key topics are likely to be discussed.

The European Parliament adopted a digital assets policy paper calling for further assessment of decentralised finance, staking, crypto lending, borrowing and non-fungible tokens following the end of the Markets in Crypto-Assets framework's transition period.

Crédit Agricole, through its CACEIS asset servicing division, launched the EURXT euro-backed stablecoin on the Ethereum (CRYPTO:ETH) blockchain with an initial supply of 20.02 million tokens backed by approximately €20.02 million in reserves.

Tether's USDT (CRYPTO:USDT) has been removed from regulated European cryptocurrency exchanges after the European Union's Markets in Crypto-Assets framework required licensed platforms to support only authorised stablecoins.

European Central Bank President Christine Lagarde said risks to euro-area inflation and growth have become more broadly balanced during the ECB's annual retreat in Sintra, Portugal.