All articles for the topic: region

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Resolving Europe’s Bank-Resolution Problems

The creation of a European banking union is a major step forward in the region’s financial integration. The first step in this process, single supervision, became a reality earlier this month when the European Central Bank took the helm of the Single Supervisory Mechanism. The next step, the Single Resolution Mechanism (SRM), is an effort to solve the problems of too-big- and too-interconnected-to-fail and cross-border crisis management in the eurozone.

chairman

hank you, Mr. Chairman, for your warm words of introduction. I am delighted to serve as the Chairperson of the Informal Working Group which will report to the OSCE’s Security Committee and was established pursuant to PC Decision 1039.

Spain court suspends Catalonia independence referendum

Spain's Constitutional Court has suspended Catalonia's planned independence referendum.

The court said it first needed to consider arguments whether the 9 November vote breached the country's constitution.

It acted on a request from the Spanish central government in Madrid.

The leader of Catalonia, Artur Mas, signed a decree on Saturday calling for the referendum. Many in the wealthy north-eastern Spanish region back him. 

But Spanish Prime Minister Mariano Rajoy told reporters that the vote was not "compatible with the Spanish constitution".

Ebola outbreak: Spain investigates new case

Investigations are under way at a hospital in Madrid after a Spanish nurse became the first person known to have contracted the deadly Ebola virus outside West Africa. 

The nurse had treated two Spanish missionaries who died of the disease after being flown home from the region.

The European Commission has asked Spain to explain how the nurse could have become infected.

Some 3,400 people have died in the outbreak - mostly in West Africa.

UN scheme to boost Syrian children’s education given $316m donation

More than $316m (£193m) was pledged on Wednesday to support Syrian children affected by the conflict as part of a UN-led initiative to alleviate the impact of the crisis on young people.

The EU pledged $145m, the US $90m and the UK $81.6m to the No Lost Generation initiative, which was launched last year by a consortium of UN agencies, NGOs and international donors.

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