by AFP, ANSA, BTA, dpa, STA | 24.Mar 2023 | Key Story
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.
by dpa, BTA, AFP | 18.Nov 2022 | Digest
Amid high energy prices, rising inflation and low economic growth, risks to financial stability in the euro area have increased, warns the European Central Bank. What also happened: The European Commission calls for Schengen area membership for Romania, Bulgaria as well as Croatia and announces a 1-billion-euro program to help fund climate change adaptation and resilience in Africa.