The single resolution mechanism (SRM) is the second pillar of the banking union. It ensures that failing banks are ...

Euro-area inflation unexpectedly accelerated, supporting the European Central Bank’s cautious approach to lowering interest rates while the sputtering economy faces intensifying trade threats from the ...

The fates of government-backed mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) are still to be determined, with new Treasury Secretary Scott Bessent saying no conservatorship should be ...

Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the tourism-driven service ...

LONDON, Jan 24 (Reuters) - Euro zone business began the new year with a modest return ... the Bank of Japan raised interest ...

Most recently, the economy shrank by 0.1% quarter-on-quarter in the third quarter of 2024, revised downwards from an initial ...

For example, not all member states are in the eurozone, or in the Schengen passport ... of the treaty and the shattering impact of the financial crisis has revealed little appetite for further ...

Raiffeisen Bank International AG has announced it will record a provision in its fourth-quarter financial statements following a Russian court ruling that could cost its Russian subsidiary over €2 ...

“The party is not opposed to an increase for council members, but with the current financial crisis the metro is in, it is not affordable,” FF Plus spokesperson Peter Meijer said. He said his ...

Euro zone bond yields edged up on Thursday, after posting their largest one-day drop since June, while cooling U.S. inflation gave fixed-income markets some relief after a global selloff. Germany's 10 ...

With his far-right coalition partners opposing an end to the war and threatening to quit, the Israeli prime minister may have to choose: them or the agreement. By Isabel Kershner Reporting from ...