The global banking sector has witnessed a significant surge in its stocks as Credit Suisse, one of the major players in the industry, taps into the central bank for emergency funding. The move comes as the Swiss bank faces a financial crisis due to its exposure to hedge funds that collapsed in the wake of … Read more
The housing market in Ireland has been one of the most talked about economic topics in recent years. After experiencing a devastating crash in 2008, house prices have been slowly but steadily increasing. However, recent reports have shown that house price growth in Ireland is beginning to slow down, and many are beginning to wonder … Read more
The Taoiseach of Ireland, Micheál Martin, has remained calm and assured in the face of recent market jitters, which have been sparked by Credit Suisse’s involvement in a series of hedge fund losses. Despite concerns about the stability of Irish banks, Martin has stated that he is “not concerned” about the impact of the Credit … Read more
Show more You can also listen to the article in audio version. What you will read in the analysis Czech companies take out crown loans from banks instead huge amount of loans in eurosfor which – unlike crown bonds – they do not pay such high interest. He transfers a large part of these loans … Read more
“The European Central Bank (ECB) will raise interest rates as high as necessary to bring inflation back to 2%,” Bank of Italy Governor Ignazio Visco stressed to Bloomberg, adding that ECB policy will depend on further moves in economy. “I don’t think we can indicate right now what the rate will be or whether it … Read more