The European Union will impose higher fees on small packages starting next year in an attempt to curb the influx of parcels coming mostly from China.
Packages at a neighborhood sorting center in Beijing, China, on Monday, April 28, 2025. Previously exempted from any levies under the so-called 'de minimis' rule, parcels shipped-from-China to US priced up to $800 now face an ad-valorem tax — of 120% of a product’s value — or a per postal item fee of at least $100 starting May 2. Photographer: Na Bian/Bloomberg
The European Union will impose higher fees on small packages starting next year in an attempt to curb the influx of parcels coming mostly from China.
Packages at a neighborhood sorting center in Beijing, China, on Monday, April 28, 2025. Previously exempted from any levies under the so-called 'de minimis' rule, parcels shipped-from-China to US priced up to $800 now face an ad-valorem tax — of 120% of a product’s value — or a per postal item fee of at least $100 starting May 2. Photographer: Na Bian/Bloomberg
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Wednesday, Nov. 26, 2025. Europe’s central bankers are stepping beyond their traditional role as guardians of price stability.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Kyriakos Pierrakakis at a Eurogroup meeting in Brussels, on Dec. 11. Photographer: Simon Wohlfahrt/Bloomberg
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Wednesday, Nov. 26, 2025. Europe’s central bankers are stepping beyond their traditional role as guardians of price stability.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Wednesday, Nov. 26, 2025. Europe’s central bankers are stepping beyond their traditional role as guardians of price stability.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Kyriakos Pierrakakis at a Eurogroup meeting in Brussels, on Dec. 11. Photographer: Simon Wohlfahrt/Bloomberg
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Kyriakos Pierrakakis at a Eurogroup meeting in Brussels, on Dec. 11. Photographer: Simon Wohlfahrt/Bloomberg
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Lars Klingbeil, Germany's finance minister, arrives for a Eurogroup meeting in Brussels, Belgium, on Thursday, Dec. 11, 2025. In a vote at the meeting Kyriakos Pierrakakis will vie against Belgium’s Vincent van Peteghem for the job of president of the Eurogroup.
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Lars Klingbeil, Germany's finance minister, arrives for a Eurogroup meeting in Brussels, Belgium, on Thursday, Dec. 11, 2025. In a vote at the meeting Kyriakos Pierrakakis will vie against Belgium’s Vincent van Peteghem for the job of president of the Eurogroup.
The international monetary system will likely move away from the dollar to a constellation of several coexisting global currencies, according to European Central Bank Governing Council member Fabio Panetta.
The international monetary system will likely move away from the dollar to a constellation of several coexisting global currencies, according to European Central Bank Governing Council member Fabio Panetta.
Fabio Panetta, governor of the Bank of Italy, speaks during the World Savings Day conference in Rome, Italy, on Tuesday, Oct. 28, 2025. Panetta warned that his country’s banks face risks stemming from a fragile global backdrop and potential abrupt market movements.
The international monetary system will likely move away from the dollar to a constellation of several coexisting global currencies, according to European Central Bank Governing Council member Fabio Panetta.
The international monetary system will likely move away from the dollar to a constellation of several coexisting global currencies, according to European Central Bank Governing Council member Fabio Panetta.
Fabio Panetta, governor of the Bank of Italy, speaks during the World Savings Day conference in Rome, Italy, on Tuesday, Oct. 28, 2025. Panetta warned that his country’s banks face risks stemming from a fragile global backdrop and potential abrupt market movements.
The European Central Bank once again asked Italy to rethink declaring its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
The European Central Bank once again asked Italy to rethink declaring its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
The European Central Bank once again asked Italy to rethink declaring its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
The European Central Bank once again asked Italy to rethink declaring its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
The European Central Bank once again asked Italy to rethink declaring its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
The European Central Bank once again asked Italy to rethink declaring its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
Italy was urged by the European Central Bank to rethink a push to declare its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
Italy was urged by the European Central Bank to rethink a push to declare its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
Italy was urged by the European Central Bank to rethink a push to declare its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
Italy was urged by the European Central Bank to rethink a push to declare its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
Italy was urged by the European Central Bank to rethink a push to declare its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
Italy was urged by the European Central Bank to rethink a push to declare its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion.
Italian Prime Minister Giorgia Meloni is facing criticism from opposition lawmakers over the government’s role in an alleged market-manipulation scheme related to Banca Monte dei Paschi di Siena SpA’s €17 billion ($19.8 billion) takeover of Mediobanca SpA.
Italian Prime Minister Giorgia Meloni is facing criticism from opposition lawmakers over the government’s role in an alleged market-manipulation scheme related to Banca Monte dei Paschi di Siena SpA’s €17 billion ($19.8 billion) takeover of Mediobanca SpA.
Italy managed to notch up some slight growth in the third quarter amid support from domestic demand, instead of just stagnating as originally estimated.
Italy managed to notch up some slight growth in the third quarter amid support from domestic demand, instead of just stagnating as originally estimated.
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