Search Results for: MoU
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
Key elements of the European Union budget for 2018
February 23rd, 2017
Introduction The Council considers that the budget for 2018 should provide adequate resources to continue supporting the traditional and evolving priorities within the Union, namely the recovery of the European economy, to address humanitarian and security challenges both within ...
FCA and OSC sign Co-operation Agreement to support FinTech business
February 23rd, 2017
Under a new Co-operation Agreement (Agreement), innovative FinTech businesses in Ontario and the United Kingdom will be able to seek support from their financial regulators as they seek to operate in the other’s market. Signed this week, the Agreement ...
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
Danish police first to use bitcoin to jail drug traffickers
February 23rd, 2017
Danish police have become the first in the world to hunt down internet drug traffickers by analysing their bitcoin transactions. Kim Aarenstrup, the head of the Danish police’s cyber crime unit NC3, told Berlingske that police had built a ...
The Pound to Euro Rate hits a Wall at Notorious 200 Day M.A
February 22nd, 2017
It was an impressive start to the mid-week session for Pound Sterling having broken above a key technical level against the Euro for the first time in months. The exchange rate is now knocking its 200-day moving average; if ...
Which country in Europe is the largest energy consumer and which are the least dependent
February 22nd, 2017
Energy consumption in the EU below its 1990 leveL… but EU dependency on fossil fuel imports on the rise In 2015, gross inland energy consumption, which reflects the energy quantities necessary to satisfy all inland consumption, amounted in the ...
STOXX Expands Fixed Income Offering
February 22nd, 2017
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the EURO STOXX 50 Corporate Bond Sector, Rating and Maturity Bucket Sub-Indices. They expand the EURO STOXX ...
Some €70 bn in non performing loans ready to be ceded by Italy’s main banks
February 22nd, 2017
The European Commission, the OECD, Economy Minister Piercarlo Padoan, EBA President Andrea Enria, Bank of Italy Vice Governor Fabio Panetta, and the Fitch ratings agency. One after another, like a chorus, they all spoke out on the same theme ...
Bitcoin prices touch fresh 3-year high
February 22nd, 2017
The price of a single bitcoin leapt to its highest level in more than three years on Tuesday, as traders bought up coins in anticipation of the Securities and Exchange Commission’s ruling on a proposed bitcoin exchange-traded fund. One ...
