Monthly Archives: May 2017

Europe’s economic recovery: challenges and opportunities for the banking sector

Remarks by Peter Praet, Member of the Executive Board of the ECB, at the Association of Banks in Bulgaria, Sofia, 24 May 2017 Europe’s economic recovery Since June 2014, the ECB has introduced a range of unconventional measures, alongside our conventional ones, in pursuit of its price stability objective. Together, [...]

By |2017-07-21T11:12:24+00:00May 24th, 2017|News|Comments Off on Europe’s economic recovery: challenges and opportunities for the banking sector

ECB will reduce asset purchases and hike interest rates after German election, says Intesa CEO

The European Central Bank (ECB) will begin tapering its generous asset-buying program in the fall, according to the CEO of Italy's largest retail bank, with interest rate hikes to follow as soon as 2018. "In one year (or) a couple of years, we will have, for sure, a reduction in quantitative easing and we [...]

By |2017-07-26T07:18:26+00:00May 10th, 2017|News|Comments Off on ECB will reduce asset purchases and hike interest rates after German election, says Intesa CEO

Brexit Minister says UK will not pay €100 billion exit bill

Brexit minister David Davis said on Wednesday that Britain will not be paying €100bn to leave the EU. Reports that the EU was preparing to demand that amount appeared in the Financial Times, which cited its own analysis of new stricter demands it said were driven by France and Germany. "We'll not be paying [...]

By |2017-07-21T12:13:59+00:00May 8th, 2017|News|Comments Off on Brexit Minister says UK will not pay €100 billion exit bill