Global Banking

EU sanctions against Russia following the invasion of Ukraine

In response to Russian President Putin’s unprecedented and unprovoked military attack against Ukraine, the EU is responding by adopting a…

3 years ago

Eurogroup: Inflation pressure is temporary but economic recovery on hold

ECB's Lagarde believes inflation pressure in Eurozone is temporary but Eurogroup finds that economic recovery is on hold. Further work…

4 years ago

EU debates modern and safe retail instant payments

Retail instant payments strategy for the EU aims to develop the European payments market to benefit from innovation and digitalisation.…

4 years ago

Strengthening the EU currency and the international role of the euro

A more prominent international role for the common currency would benefit the euro area and its citizens by ensuring more…

4 years ago

Europe secures drinking water for 400,000 people in Niamey, Niger

Supply of drinking water to more than 400,000 people, including first time access for 200,000 people, living in Niamey, capital…

4 years ago

ECB Green monetary policy and Climate change

Central banks have already started to look at climate-related risks, greening monetary policy in the context of financial stability. Should…

4 years ago

US Biden plan stimulus for Recovery will impact EURO area

US Biden plan of $1.9tn stimulus programme will boost the US recovery, it will drive global recovery and it will…

4 years ago

ECB inflation forecast 1.5% for 2021 and 1.2% for 2023

Christine Lagarde, President of the Europen Central Bank forecasts temporary inflation rise for 2021 up to 1.5% with limited wage…

4 years ago

EuroNanoForum 2021 debates Nanotechnology and Nano-enabled industries

The EuroNanoForum 2021 conference will address the role of Nanotechnology and nano-enabled industries in the transformation towards EU prosperity. The…

4 years ago

Strengthening the EU bank crisis management and deposit insurance framework

The European Commission is reviewing the crisis management and deposit insurance framework (CMDI) in order to strengthen the second pillar…

4 years ago

IMF Kristalina Georgieva: Path to recovery is highly uncertain in Europe

International Monetary Fund (IMF) Managing Director Kristalina Georgieva, EU debates at the online debate of the European Parliamentary Week 2021.…

4 years ago

East Asian countries led economic recovery in last quarter of 2020

Without the resilience of the economies of East Asia and the Pacific, there would have been no global trade recovery…

4 years ago

Ngozi Okonjo-Iweala first African, female WTO Director-General

Ngozi Okonjo-Iweala will be the next Director-General of the World Trade Organization and the first African, Nigerian, female leader for…

4 years ago

Nigeria improve Services and Electricity Access

The World Bank approved $500 million to support the government of Nigeria in improving its electricity distribution sector. The project…

4 years ago

Rwanda: COVID-19 pandemic pushes Rwandan economy into recession

Rwanda has fallen into its first recession due to the COVID-19 pandemic and could potentially compromise years of gains in…

4 years ago

ECB must keep money to face future Eurozone inflation

Lagarde said that inflation remained low despite an increase in January due to weak demand and a slump in the…

4 years ago

Cancelling ECB public debt is inconceivable: Christine Lagarde

A letter signed by 100 economists suggests cancelling of the ECB public debt and Christine Lagarde says that this is…

4 years ago

ECB extends liquidity lines with non-euro area Central Banks

The European Central Bank (ECB) decided in December 2020 to offer a nine-month extension of its temporary swap and repo…

4 years ago

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