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.

Europe’s reaction to the ongoing energy crisis

Europe’s reaction to the ongoing energy crisis

EU countries are scrambling to face up to a challenging winter ahead, with consumers facing skyrocketing energy prices. Brussels plans a series of measures aimed at shielding households and businesses from high energy costs.