Tag: banks

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Stronger Banking Union, financial stability and sustained banks’ lending

EU INSTITUTIONS Theodoros Benakis - March 14, 2019

Parliament has adopted, on Thursday, new EU rules for standard minimum coverage of bad loans. Measures to mitigate the risk of possible, future, non-performing loans...

International development banks slam Romania’s tax plans

EU MEMBER STATES Theodoros Benakis - February 12, 2019

The Romanian government has received two complaints about its proposed new banking sector taxes. The first came from the European Bank for Reconstruction and...

EU targets bond cartel, four banks charged

EU INSTITUTIONS Theodoros Benakis - December 21, 2018

In connection to an investigation into alleged price fixing on the trading of dollar-denominated bonds, four banks have been charged by European Union antitrust...

‘Black Wednesday’ in Romania

EU MEMBER STATES Theodoros Benakis - December 20, 2018

To keep Romania’s budget deficit below 3% of gross domestic product (GDP), the leftist government on December 18 announced new taxes targeting banks and...

EU divided over money laundering reform

EU INSTITUTIONS Theodoros Benakis - November 15, 2018

An overhaul of European Union rules for the supervision of banks against money laundering is a source of division among the member states. As reported...

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