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EC ‘Endangering EU’ By Becoming Political Player, Says Gulyás in Talk With Schiffer

The European Commission cannot afford to involve itself in partisan politics, as this would eventually tear the European Union apart, Gergely Gulyás, the prime minister’s chief of staff, said in a discussion with András Schiffer, the opposition LMP party’s former leader.

Stress test shows euro area banking system resilient under challenging macroeconomic scenario

Average final CET1 ratio for 89 ECB supervised banks under three-year adverse scenario is 9.9%, down 5.2 percentage points from starting point of 15.1% Total includes 38 banks in EBA sample and a further 51 medium-sized ECB supervised banks Main drivers of capital depletion: credit risk, market risk and income-generation capacity For first time ECB […]