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The solvency support fund for strategic Spanish undertakings experiencing temporary difficulties due to the impact of the Covid-19 pandemic is compatible with EU law

The measure at issue, intended for the adoption of recapitalisation measures with a budget of €10 billion, constitutes a State aid scheme but is proportionate and non-discriminatory.

ECB review sees elevated financial stability risks due to uneven impact of pandemic

Uneven economic impact of pandemic implies risks concentrated in specific sectors and countries Banks’ asset quality holding up, but profitability weak and potential for credit risk to worsen Disorderly corrections in financial market segments may affect non-banks that have large exposures to corporates with weak fundamentals

‘Eco-wakening’ Grips the Globe: Dramatic Rise in Numbers of People Concerned about Nature Loss

Hundreds of millions across the globe show their rising concern about nature Research shows undeniable shift in behaviour in response to planetary crisis Most dramatic growth in concern in emerging and developing economies Time is running short, and action to prevent fatal nature loss is urgently needed

Orbán: V4 Must ‘Step Up’ to Counter EU Discrimination

The Visegrad Group countries must stand stronger and more united in order to counter the discrimination they face in the European Union, Prime Minister Viktor Orbán said in a “samizdat” letter to Mikuláš Dzurinda, Slovakia’s former head of government and the chairman of the Wilfried Martens Centre for European Studies, published on his website.

Euro money market statistics: Second maintenance period 2021

Daily average borrowing turnover in the unsecured segment increased from €121 billion in the first maintenance period of 2021 to €123 billion in the second maintenance period of 2021 Weighted average overnight rate on borrowing transactions in the unsecured segment remained stable at -0.55% for the wholesale sector and at -0.57% for the interbank sector Daily average […]