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European Parliament approves new rules boosting intra-EU data sharing

European Parliament has approved the draft texy of Data Governance Act (DGA). The DGA, agreed with Council in November 2021, aims to increase trust in data sharing, create new EU rules on the neutrality of data marketplaces, and facilitate the...

#AI#digital#European Commission

EUF elects Fausto Galmarini as new Chairman

Mr. Fausto Galmarini, Chairman of Assifact, the Italian Association for Factoring... (more…)

#Fausto Galmarini


Euro area recovery plays a large role in factoring...

As readers of TRF News are likely to be aware of, factoring in the EU and the UK accounts for…

#digital#Mark Mandula#receivables


Euler Hermes: Public debt in Eurozone to return to...

A return of public debt to pre-crisis levels is clearly not possible by 2035 for most... (more…)

#Allianz#COVID#COVID-19


EUF: First EU decrease of factoring turnover for 11...

The provisional 2020 data released by the EU Federation for the Factoring and... (more…)

#commercial finance#EU Federation#international


European countries not waiting for mandatory electronic sales invoice 

As VAT fraud remains to be a pressing issue for Italy, in the first year of the... (more…)

#VAT


EU reports unexpected rise in December 2020 trade surplus

The EU has release data showing that the euro zone's trade surplus with... (more…)

#COVID#COVID-19#exports


European Commissions announces new amendments to COVID-19 Temporary State...

On January 28 2021, the European Commission amended its... (more…)

#European Commission


Tougher EU rules push more supply chain debt into...

The banks that grease Europe’s supply chains face a spike in bad loans as the region’s ... (more…)

#supply chain finance


European Commission approves €500m Spanish reinsurance scheme to support...

The European Commission has approved, under EU state aid rules, a €500m... (more…)

#trade credit insurance


EUF and FCI held their first online EU Factoring...

The EU Federation and FCI held their first online EU Factoring Summit... (more…)

#anti-money laundering#ASSIFACT#EU Federation


EUF announces factoring volumes in the first half of...

Data gathered on the European factoring market for H1 2020 has shown, for the first time... (more…)

#factoring results

Euler Hermes casts doubts over gov’s credit insurance support...

Euler Hermes casts doubts over gov's credit insurance support scheme... (more…)

#channel#European Commission#insurance

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