Proposed legislative changes seen as important and pragmatic step forward ECB and SRB ready to provide technical input on proposals to ensure consistent and workable framework
In the week ending 14 April 2023 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.4 billion to EUR 318.8 billion.
Expert group finds supervisory practices now sufficiently mature to make processes leaner, recommends enhancing risk-based prioritisation Report recommends ECB focus on qualitative measures tackling weak business models and governance Insights to flow into ECB review of supervisory processes planned for 2024
The European Commission has approved a €1 billion (approximately HUF 379 billion) Hungarian scheme to support companies facing increased energy costs in the context of Russia’s war against Ukraine. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the Commission on 9 March 2023 to support measures in sectors which are key […]
In the first three months of 2023, the number of irregular border crossings reported by national authorities increased to 54 000, 26% more than in the same period last year. The Central Mediterranean and Western Balkan routes remain the most active.
In the week ending 7 April 2023 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 1 billion to EUR 319.2 billion.
Olli Rehn, Governor of Suomen Pankki – Finlands Bank, has been elected as First Vice-Chair of the European Systemic Risk Board (ESRB) by the national members of the General Board with voting rights for a term of five years, in line with Regulation (EU) No 1092/2010.
At its meeting on 30 March 2023, the General Board of the European Systemic Risk Board (ESRB) held its regular discussion on risks to financial stability in the EU. On the positive side, the EU economy has proved to be more resilient than expected in the face of the large negative terms-of-trade shock from Russia’s war […]
To protect workers and the environment, ECHA recommends that the European Commission adds eight substances, including lead, to the REACH Authorisation List. Once substances are added to the list, companies will need to apply for authorisation to continue using them.
Aggregate Common Equity Tier 1 ratio up to 15.27% in fourth quarter of 2022 (compared with 14.74% in previous quarter and 15.60% in fourth quarter of 2021) Aggregated annualised return on equity up to 7.68% in fourth quarter of 2022 (compared with 7.55% in previous quarter and 6.70% one year ago), driven by increase in […]
