Bloomberg After seeing housing costs jump by more than 50 percent in the past five years, officials in Barcelona are moving to introduce Spain’s most aggressive rent controls. Under a decree, landlords will have to negotiate leases based on benchmark prices set for each property in those neighbourhoods tagged as most desirable. That regulation follows a national law implemented in ...

Bloomberg The European Commission is considering proposing a disciplinary procedure for Italy next week over its failure to rein in debt, which could pave the way for a 3.5 billion-euro ($4 billion) penalty, according to an official familiar with the matter. The step could come as part of the European Union’s regular budget monitoring process, most likely on June 5, ...

Bloomberg British Conservatives may have suffered their worst election results ever, but their members of parliament are still feeling loved. Barely a day goes by without an invitation to coffee from one senior minister or another, hoping to win their support in the coming race to succeed Theresa May. Perhaps they would like to come to the Foreign Office, to ...