Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Europe’s payment sovereignty problem is not what we think

Europe's payment sovereignty problem is not what we think, writes Joachim Wuermeling, a former regulator at the European Central Bank (ECB).

  • Europe's payment sovereignty concern misdirected; focus on dollar exposure, not cards
  • US sanctions force European institutions to comply despite political disagreements

More from Thursday 24 September →