Adam

The General Board of the European Systemic Risk Board held its 43rd regular meeting on 23 September 2021

At its meeting on 23 September 2021, the General Board of the European Systemic Risk Board (ESRB) assessed the key systemic risks in the European Union (EU), as well as public policy priorities to address them. The General Board highlighted that the improved economic outlook had reduced the probability of severe scenarios and the risk of […]

Visegrád Group ‘Can Be Proud of Its Achievements’

The Visegrád Group cooperation has become a success story over the past 30 years, and its members — Hungary, Slovakia, the Czech Republic and Poland — can be proud of their achievements, Speaker of Parliament László Kövér said in his opening address to a V4 meeting in Visegrád, the birthplace of the initiative, north of […]

Firms and banks to benefit from early adoption of green policies, ECB’s economy-wide climate stress test shows

Firms and banks to be severely affected if climate change issues not addressed Orderly and swift transition to minimise costs and maximise benefits outweighs short-term cost of transition to zero-carbon economy over medium to longer term Investment in sectors and regions heavily exposed to climate risk set to suffer most