During the first two months of this year, banking became the worst-performing sector in European equity markets. The first six weeks saw a 30-percent plunge in the Euro Stoxx Banks Index, which tracks the stock performance of 30 of Europe’s
Within the industry-wide disaster experienced by Eurozone banks thus far in 2016, Italy has managed to clearly stand out as the group’s worst-performing member.
“The European Union is experiencing an existential crisis.” So began a plea for immediate action on the European debt crisis, co-signed by 14 economic heavyweights, including
The process of repair of the EU (European Union) banking sector is well underway. Regulatory pressures combined with banks’ own efforts to boost their resilience have seen capital ratios strengthened significantly.
Following years of unrest with the Spanish government, Catalonia’s independence movement managed to secure a historic election victory on September 27. The two main pro-independence parties—Junts pel Si, the main force for
European banks are going through some hard times at the moment. On the one hand, they are being pressured by new regulations requiring them to boost their capital ratios and limiting their proprietary-trading activity, something that many lenders have complained will affect their profitability.
Smiling faces, green trees, blue skies, a winding road leading to a hill with the sun rising behind it, have all traditionally been part of billboards advertising a new development, economic growth, industrial might, elevation of living standards, to name but a few of the uses of subliminal advertising. Has not the same thing been happening to words, ever since somebody used the word
Under the current crisis conditions, one of the questions that have been raised concerns the opportunity of creating a common market for government bonds, for example, a euro-denominated bond market that would eliminate the benefits of currency diversification and influence the amount of reserves.