Bloomberg Romania’s economy outperformed the rest of the European Union (EU) last quarter as the government opted not to impose the kind of harsh lockdown that shuttered most of the continent. Output not only grew from the previous three months, but surged more than 10 times what analysts had expected. The expansion of 5.3% puts it ahead of all other ...

Bloomberg Around 1,000 European Union (EU) finance firms are expected to open their first offices in the UK after losing their passporting rights because of Brexit. Roughly two-thirds of the 1,500 money managers, payment firms and insurers that have applied for regulatory permission to continue operating in the UK previously had no physical operations in Britain, according to Financial Conduct ...

Bloomberg Europe’s consumer-facing companies face a critical choice for when the pandemic passes: should they exploit the expected pickup in business by raising prices? There’s likely to be a rush to hairdressers, restaurants and tourism agencies reopening when virus curbs end, fueled by pent-up demand and a hoard of cash accumulated after more than a year of forced saving. Some ...