consilium.europa16h
How the EU resolves failing banks
The single resolution mechanism (SRM) is the second pillar of the banking union. It ensures that failing banks are ...
Euro-Zone Inflation Unexpectedly Quickens, Backing ECB Caution
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 ...
Euro Zone Consumers, Forecasters See Higher Inflation Despite ECB Optimism
Meanwhile the ECB's survey of 19,000 euro area consumers showed a similar uptick in expectations last month. Median ...
A decade and a half after the global financial crisis, two governments are still reducing their bank stakes
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 ...
France 246d
Spain jobless rate falls to lowest level since 2008 crisis
Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the tourism-driven service ...