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Hungary Co-Signs Letter Calling for Review of EU Forestry Strategy

Hungary is among 11 European Union member states to have sent a letter to Frans Timmermans, the Vice-President of the European Commission for the European Green Deal, calling on him to review the EU’s planned forestry strategy, which they said was skewed against social and economic considerations and unduly favoured “green aspects”.

Results of the June 2021 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Overall credit terms and conditions in euro-denominated securities financing and over-the-counter (OTC) derivatives markets tightened slightly for each counterparty type except banks/dealers, hedge funds and sovereigns Financing conditions for various collateral types eased significantly, while demand for funding across almost all collateral types continued to weaken further Initial margin requirements increased for all OTC derivatives, […]

Award of the 2021 Ieke van den Burg Prize for research on systemic risk

Following a highly competitive selection process involving peer reviews conducted by members of the Advisory Scientific Committee (ASC), the 2021 Ieke van den Burg Prize for research on systemic risk was awarded to Karsten Müller and Emil Verner for their paper entitled “Credit allocation and macroeconomic fluctuations”.