Berlin / Bloomberg German Chancellor Angela Merkel’s coalition backed a resolution calling for a complete separation of the European Central Bank’s supervision of financial institutions from its monetary policy role. The lower house of parliament on Thursday voted in favor of the motion, which also urges the government to ensure that small, lower-risk institutions such as cooperative and savings banks ...

Brussels / AFP British Prime Minister David Cameron threatened to walk away on Thursday from a “make or break” EU summit without a deal as his counterparts warned they would not pay any price to stop Britain crashing out of the bloc. “I’ll be battling for Britain. If we can get a good deal I’ll take that deal but I ...

Kiev / AFP Kiev vowed on Thursday to “decisively” fight Russia’s demand for the full repayment of a $3-billion (€2.7-billion) loan it issued to Ukraine under since-ousted Moscow-backed president Viktor Yanukovych in 2013. Russia on Wednesday filed a lawsuit with the High Court in London after the two sides failed to reach a private settlement over the debt. The eurobond ...