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Sweden sets Europe’s security as top task for its EU presidency

  Bloomberg Sweden has outlined Europe’s security as the primary task for its six-month presidency of the European Union (EU) from the start of next year. The nation will prioritise continued economic and military support for Ukraine, as well as support for Ukraine’s path towards the EU, and work to build consensus towards “a robust European security and defense policy,” ...

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Danske Bank pleads guilty to US fraud, to forfeit $2bn

Bloomberg Danske Bank A/S admitted to fraud and will pay $2 billion to end a long-running US probe into money laundering at its Estonia branch, helping draw a line under the worst scandal in the bank’s recent history. The Danish lender pleaded guilty to conspiring to commit bank fraud and admitted providing banking services to suspicious customers — including in ...

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ECB to allow its staff remote work for 110 days per year

Bloomberg The European Central Bank (ECB) will let staff work remotely for 110 days a year — roughly half their time. The rules, which take effect from January 1, permit as many as 10 days a month away from desks. That’s stricter than the current system, under which employees must show up at the office at least eight days a ...

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