Sunday, June 26, 2016
In challenging times, a strong Union is one that thinks strategically, shares a vision and acts together. This is even more true after the British referendum. We will indeed have to rethink the way our Union works, but we perfectly know what to work for. We know what our principles, our interests and our priorities are. This is no time for uncertainty: our Union needs a Strategy. ..
Massive non-performing loans (NPLs) have led to the collapse of the banking system in many transition countries. China’s banking system faced the same problem in the process of transition. The Asian financial crisis aggravated and exposed these problems. Indicators such as capital adequacy ratio (CAR) and NPLs of China’s banking sector worsened substantially...IMF
Saturday, June 25, 2016
Commissioner Lord Hill resigned from the European Commission ..
Press Release - Brussels, 25 June 2016 - European Commission - Statement
Statement on the Decision of Commissioner Lord Hill to resign from the European Commission and on the transfer of the Financial Services portfolio to Vice-President Valdis Dombrovskis
Commissioner Lord Hill, responsible for Financial Stability, Financial Services and the Capital Markets Union, has informed European Commission President Juncker of his decision to resign from his post as European Commissioner.
O επιχειρηματικός κόσμος θεωρεί κάτι παραπάνω από αναγκαία την ανάληψη άμεσων αναπτυξιακών πρωτοβουλιών για να γυρίσει η χώρα σελίδα και να εισέλθει μία ώρα αρχύτερα στην κανονικότητα της ανάκαμψης. Είναι αδήριτη ανάγκη να υιοθετηθεί ένα πρόγραμμα με μέτρα αναπτυξιακού χαρακτήρα, ώστε να μετριασθούν οι υφεσιακές επιπτώσεις των μέτρων υπερφορολόγησης της ιδιωτικής οικονομίας, που κακώς υιοθετήθηκαν και εφαρμόζονται.. - ΣΕΒ
On Wednesday the 27 Heads of State or Government will meet informally to discuss the political and practical implications of 'Brexit'. First of all, we will discuss the so called 'divorce process' as described in Art. 50 of the Treaty. And secondly, we will start a discussion on the future of the European Union with 27 Member States... President Donald Tusk
Inevitably, there will be a period of uncertainty and adjustment following this result. - Moreover, as a backstop, and to support the functioning of markets, the Bank of England stands ready to provide more than £250bn of additional funds through its normal facilities. ..- Bank of England
The European Commission takes note of the outcome of the UK Referendum. Proceedings under Article 50 of the Treaty on European Union will have to be launched - .The terms of the UK Settlement agreed at the European Council of 18-19 February 2016 have ceased to exist.. - EU
In a free and democratic process, the British people have expressed their wish to leave the European Union. We regret this decision but respect it. This is an unprecedented situation but we are united in our response. We will stand strong and uphold the EU's core values of promoting peace and the well-being of its peoples. The Union of 27 Member States will continue ...EU
Press Release - Brussels, 24 June 2016 - European Commission - Statement - Joint Statement by Martin Schulz, President of the European Parliament, Donald Tusk, President of the European Council, Mark Rutte, Holder of the Presidency of the Council of the EU, Jean-Claude Juncker, President of the European Commission
The ECB stands ready to provide additional liquidity, if needed, in euro and foreign currencies....
We strongly support commitments of the Bank of England and the ECB to supply liquidity to the banking system and curtail excess financial volatility. We will continue to monitor developments closely and stand ready to support our members as needed... - IMF
Brexit - Oι χρηματιστηριακοί δείκτες διεθνώς θα πιεσθούν, η στερλίνα θα εξασθενήσει και τα ασφαλή επενδυτικά προϊόντα θα συγκεντρώσουν το αγοραστικό ενδιαφέρον. Οι αγορές θα προσπαθήσουν να κινηθούν σε νέα χαμηλότερα επίπεδα ισορροπίας προσδιοριζόμενα από τις μελλοντικές οικονομικές συνθήκες. .. - ALPHA BANK
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