Risks for euro area countries are increased but uneven. Targeted stimulation will be needed to revive the region from the coronavirus crisis, as the pandemic has affected different sectors differently. The biggest impact was on tourism and hospitality. The risks are thus focused on certain countries and parts of the economy. “Governments face a delicate … Read more
[London, 1st Reuters]–The Bank for International Settlements (BIS) released a quarterly report on the 1st that the last month’s surge in global bond markets will completely change the outlook for financial markets. He pointed out that it might be. He also mentioned that market volatility is increasing due to fluctuations in gamestop stocks by individual … Read more
opinion Public finance The all-powerful insurance state can create money for everyone and everyone – – Stand: 12:16 p.m. | Reading time: 4 minutes – – – The European Central Bank has actually taken over the financing of the states, says economist Thomas Mayer Source: Getty Images / Ed Pritchard, Thomas Mayer Marc Comes / … Read more
Frankfurt (Reuters) – Because of the deliberations on new ECB aid to combat the economic consequences of the coronavirus, investors are holding back on the German stock market. A DAX logo is pictured at the trading floor of the stock exchange in Frankfurt, Germany December 29, 2017. REUTERS/Ralph Orlowski The Dax and EuroStoxx50 barely moved … Read more
The European Central Bank (ECB) logo is pictured before a news conference on the outcome of the meeting of the Governing Council in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski Frankfurt (Reuters) – In view of the expected credit defaults as a result of the Corona crisis, the ECB banking supervisory authority is pushing ahead … Read more
– Banks in Frankfurt The German financial institutions are attacking the ECB’s negative interest rate policy. But according to a Bundesbank analysis, the consequences for commercial banks are not that bad. – (Foto: picture alliance / Foto Huebner) – – – – Frankfurt German banks have been complaining about negative interest rates in the euro zone … Read more
White shirt and red rose in hand, Aléxis Tsípras showed up on Sunday morning all smiles to vote in a school in the Athenian popular district of Kypséli, where the Greek Prime Minister still lives, having always refused to move under the gold of the Republic after his party’s historic victory four years ago. But … Read more
The European Central Bank (ECB) is putting more pressure on major international banks to come up with plans to ensure that their operations in the European Union can operate profitably and operationally independently after the Brexit transition period. That writes the British business newspaper Financial Times. – The transition period following Britain’s departure from the … Read more