Supply bottlenecks could delay German recovery, institute warns
An economic research centre found that Bottlenecks in the supply of raw materials could cost Germany a rapid recovery from the economic impact of the pandemic. This is because two-thirds of the sectors in the economy reporting supply constraints. 40% of industry groups surveyed reported severe short-term supply disruption. This is stated according to the […]
Premature to be envisaging second European stimulus plan-EU antitrust chief
The EU’s antitrust chief told Les Echos that before envisaging further stimulus, the European Union must focus on its current 750-billion-euro ($910 billion) pandemic recovery package. The chief also added that talking of a second plan was a bit bizarre. Margrethe Vestager, the European Commission’s executive vice president said in an interview in the French […]
Are Eurozone banks ready for the alliance?
There was a publish or a guide to cover the methods which can be taken to handle the consolidation of the banking sector especially in the Eurozone from a supervising point of view released, recently on July 1st of 2020. This was done to motivate Mergers and Acquisitions activity in the entire region. The release […]
The pandemic effects of European banks
Banking sector has been massively hit by the economic repercussions of the Covid-19, as have other sectors like public health. But as in the past crises like the global financial and the European debt crises, this time it did not start with the financial sector but in no time it became very clear that the […]
Eurozone gets Inflation Positive
Inflation in the Eurozone returned to positive zone and all the credits go to the higher prices for services and industrial goods mainly. The Euro’s annual stats rate was 0.9 percent in January 2021, up from -0.3 percent in December, according to Eurostat, the statistics office for the European Union (EU). This is probably the […]
ERBD to the rescue! An outlook of the five year plan
Remembered for a statement that was actually never made, the prime minister of the United Kingdom for six years Harold Macmillan. He was said to have responded wittily to a reporter when asked what might possibly knock governments off course with “events, dear boy, events.” And unfortunately that is the actual state of the economy […]
EBA’s evolutionary approach towards technological neutrality.
A long standing interest in applying innovative technologies in the financial sector which included distributing ledger technology (DLT) and asset- tokenization technologies, and the European Banking Authority ( EBA ) was one of the first regulatory authorities ever to comment publicly on the phenomena. Let’s explore more about the EBA’s approach has evolved in taking […]
Europe’s financial journey
Europe’s economy has coped very well during an unpredicted period of crisis and the financial markets have also evolved rapidly over the course of the year 2020. In the beginning of the year 2020, the European commission’s goal was to produce the policies which supported growth and the competitiveness of the transition towards a low […]
Nordea Bank ABP, Europe’s top universal bank
Headquartered in Helsinki, Finland, Nordea Bank Abp is one of the Top banking groups of Europe. It offers products and services like personal banking, commercial and business banking, wholesale banking and asset and wealth management. The merge or the product of successful banks Nordic banks Unibank, Merita Bank, Nordbanken and Christiania Bank during the late […]
Current state of Financial institutions
The year 2020 being a challenging one for the markets of European asset management industries, unprecedented changes were faced by firms because of the recessions. As many employees were forced to work from as the immediate consequences of the pandemic entitled. That came with little to no preparation time with sudden sell-offs of the market […]