Europe in brief: EU rules on AI needed soon, German digital minister says

Europe in brief: EU rules on AI needed soon, German digital minister says

German Digital Minister Volker Wissing calls for the creation of a legal framework for the use of artificial intelligence. In Washington, the Central Bank of Bosnia and Herzegovina reports a reduced exposure to market risks after 2022. The European Commission is working on a new programme to stop migrant smuggling in North Africa.

Another banking crisis? ECB confident about eurozone financial resilience

Another banking crisis? ECB confident about eurozone financial resilience

The recent collapse of the Silicon Valley Bank (SVB) in the United States and the crisis at Credit Suisse in Switzerland over the weekend set off concerns regarding contagion across the international financial sector. While European governments and financial institutions closely monitor the situation, it is not all bleak.