Tag: European Central Bank

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MEPs spell out priorities for the European Central Bank and on banking union

EU INSTITUTIONS Theodoros Benakis -
MEPs on Wednesday January 16 set out their priorities for the European Central Bank’s actions in the coming year and those for moving ahead...

Italy critical of new ECBs guidelines on bad debts

EU INSTITUTIONS Theodoros Benakis -
The European Central Bank will require banks in the euro zone to set aside more money for their soured loans. The news came as...

EU leaders past and present pay homage to the Euro

EU INSTITUTIONS Theodoros Benakis -
During a ceremony in the plenary to commemorate 20 years of the Euro, the currency’s popularity and its role in strengthening the EU’s stance...

Italy debates fate of troubled bank

EU MEMBER STATES Theodoros Benakis -
European rules prevent the nationalisation of Italy’s trouble bank, Banca Carige, according to one senior Italy senator. “I am not aware that a nationalization is...

Portugal runs up public debt

EU INSTITUTIONS Theodoros Benakis -
New data released by the Bank of Portugal on January 2 suggests the country’s public debt increased €400m in November 2018, compared to the...
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