- Reuters
EU should delay implementing some bank rules if US drags feet, Villeroy says
The European Union "could and should" delay the implementation of certain bank capital rules if the U.S. drags its feet too long on fully implementing the Basel III rules, ECB policymaker Francois Villeroy de Galhau said on Wednesday. President Emmanuel Macron and other French officials have long complained that U.S. banks are not applying the Basel III post-financial crisis capital rules, putting their European rivals at a competitive disadvantage. Villeroy, who is head of the French central bank, said U.S. regulators had committed as recently as this month to "fully and faithfully" implement the Basel III international minimum bank capital rules.
- dpa international
Tariffs on China must do more good than harm, German minister says
European tariffs imposed on Chinese products must be carefully crafted so that they do not backfire on Germany, Economy Minister Robert Habeck said, as debate grows in Berlin over how to respond to Beijing's trade practices. "Of course you have to make sure that measures benefit you more than they harm you," Habeck told Wednesday's edition of the Rheinische Post newspaper. "A targeted approach is important." "We have reassessed our relationship with China in this legislative period," said Habeck
- dpa international
Neuer, Gündogan and Leverkusen trio join Germany's Euro 2024 camp
Germany coach Julian Nagelsmann has five more players at his disposal in the preparations for Euro 2024. Defender Jonathan Tah, midfielder Robert Andrich and attacking midfielder Florian Wirtz from Bundesliga champions and German Cup winners Bayer Leverkusen were set to arrive on Wednesday along with captain Ilkay Gündogan from Barcelona. Goalkeeper Manuel Neuer joined the squad on Tuesday night at their camp in eastern Germany after overcoming a stomach bug. All five are expected starters in Na
