Adam

Euro area financial vehicle corporation statistics: fourth quarter of 2022

In fourth quarter of 2022 outstanding amount of debt securities issued by euro area FVCs engaged in securitisation rose to €1,740 billion, from €1,701 billion in previous quarter Net issuance of debt securities by FVCs during fourth quarter of 2022 amounted to €43 billion Euro area FVCs acquired €27 billion of securitised loans in fourth quarter of 2022, with outstanding […]

Euro area investment fund statistics: fourth quarter of 2022

In fourth quarter of 2022, outstanding amount of shares/units issued by investment funds other than money market funds rose to €14,527 billion, up €28 billion on previous quarter Net redemptions in quarter amounted to €109 billion, with €1,086 billion in gross issues and €1,195 billion in gross redemptions Outstanding amount of shares/units issued by money market funds rose to €1,486 […]

The European Commission decides to refer CROATIA, HUNGARY and PORTUGAL to the Court of Justice of the European Union for failing to enact EU rules promoting more renewable energy in Europe

Today, the European Commission decided to refer Croatia, Hungary and Portugal to the Court of Justice of the European Union with a request to impose financial sanctions in accordance with Article 260(3) TFEU for failing to transpose the EU’s Renewable Energy Directive (Directive (EU) 2018/2001) into national legislation.The Commission is hereby taking legal steps to ensure the development […]

The European Commission decides to refer 8 Member States to the Court of Justice of the European Union over the protection of whistleblowers

Today, the European Commission decided to refer Czechia, Germany, Estonia, Spain, Italy, Luxembourg, Hungary and Poland to the Court of Justice for failure to transpose and notify the national measures transposing the directive on the protection of persons who report breaches of Union law into their legal framework (Directive (EU) 2019/1937).

Education Cannot Wait: Team Europe pledges €313 million to better education for children in crisis and leave no one behind

The European Commission and EU Member States, as Team Europe, pledged today to invest €313 million in ‘Education Cannot Wait’, the United Nations global fund that helps reach vulnerable crisis-affected children with immediate and longer-term education support. This is the biggest contribution to the Fund.

ESRB publishes report on advancing macroprudential tools for cyber resilience

The European Systemic Risk Board (ESRB) has today published a report aimed at advancing macroprudential tools for cyber resilience. The report, which was prepared against a geopolitical backdrop of heightened cyber risk, highlights the need to boost cyber resilience. To this end, authorities across the EU are encouraged to make progress on three elements: Cyber Resilience Scenario […]