The ECB is planning to simplify the complex capital adequacy rules for banks without reducing the total amount of capital banks are required to hold. The focus is on merging various buffers and reviewing rules for smaller institutions.
By Redaktion Table
The EU Commission has presented its legislative proposals for financing Ukraine. In them, it has complemented its preferred option of a reparations loan using frozen Russian assets with additional guarantees and a new legal basis. However, Belgium remains opposed.
By János Allenbach-Ammann and Stephan Israel
On Oct. 24, the EU Parliament’s rapporteur will present his report on the digital euro. Fernando Navarrete Rojas (EPP) is himself skeptical about the dossier. However, there are more and more voices that see the digital currency as a strategic instrument.
By Corinna Visser
A new study shows that extreme weather caused around EUR 43 billion in damage in Europe this summer. Three countries are particularly affected. Even with conservative estimates, the damage continues to rise.
By Lisa Kuner
The ECB is extending its swap agreement with China for a further three years. This is intended to cushion market distortions that could also cause difficulties for European banks.
By Redaktion Table
