The European Banking Federation stated on Tuesday that Europe confronts a growing €1.4 trillion ($1.62 trillion) yearly investment deficit that could impede its economic goals,
Category: Europe
Banco BPM-MPS $58 billion merger deal to form Italy’s second-biggest bank.
Italy’s Banco BPM, announced on Sunday that it will invite Banca Monte dei Paschi di Siena, to talk about a possible merger that would make
EBRD strikes the first major risk transfer agreement worth one billion euros.
The European Bank for Reconstruction and Development has carried out its first significant risk transfer deal, the EBRD said on Thursday, looking to scale up
Bulgaria becomes the 21st country to join the euro, strengthening ties with the EU despite concerns.
Bulgaria advances its integration into the European Union on New Year’s Day by becoming the 21st nation to join the euro currency union. However, the
The EU approves new regulations to prevent online fraud.
The European Parliament announced on Thursday that it and EU member states have reached an agreement on new regulations that would compel banks and other
The ECB is set to launch a digital euro pilot to safeguard Europe’s economic sovereignty.
The European Central Bank stated on Thursday that if it can get lawmakers’ timely approval for a project it believes is essential to the financial
The emergence of European megabanks frustrated by golden powers—the EU finance cop.
When questioned on Friday over German opposition to UniCredit’s plans to acquire Commerzbank, the EU Commissioner for Financial Services bemoaned barriers to the establishment of
The EU is set to roll out a digital border system over six months.
On Sunday, member states of the European Union started implementing a new system for entering and leaving the bloc at its exterior borders, which involves
Immigration boosted EU and US economies after the pandemic, ECB’s Lagarde says.
Christine Lagarde, president of the European Central Bank, stated on Saturday that Europe was able to cut inflation without experiencing a significant slowdown in GDP
ECB warns about risks that extend beyond tariffs, including global capital flows and security concerns.
When evaluating the global environment, the European Central Bank will take into account risks that go beyond trade tariffs, such as security issues and possible
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