News

Poland cuts interest rates by half a point ahead of presidential vote
The National Bank of Poland lowered its benchmark interest rate by half a point to 5.25 per cent on Wednesday, the first cut since October 2023, following a recent drop in inflation in the EU member ...
ECB Stress Test Set to Hit Bank Capital Less After High Profits
The current stress test on Europe’s biggest banks is on track to delivering a lesser hit to capital ratios than the previous ...
The Inevitable Reckoning: The Price Of Cheap Money In Global Capital Markets
Cheap money was a seductive illusion—one that masked structural risks and encouraged complacency. Now, the bill is coming due ...
European markets mixed, Erste Group Bank rises 8% after acquiring stake in Santander's Polish unit
European bourses had a mixed start to the week on Monday, with U.K. markets closed for a bank holiday, as investors looked ...
'European households are willing to forego American brands, the emblems of Trumpism'
COLUMN. According to a European Central Bank study, consumers on the Old Continent are 'very eager to buy alternatives to ...
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European boycott of U.S. goods gains traction amid tariffs
The European Central Bank highlights on its official blog that boycotting U.S. goods in Europe is becoming a distinct and ...
Major central banks' easing push slows to a trickle in April
The rush to cut interest rates at major central banks slowed to a trickle in April, as policymakers faced uncertainty on the ...
Why the ECB is telling staff it's time to move
It is called 3-5-8 because it envisages staff will spend the first three years in a new job building up their knowhow and ...