A ‘technocrat with a sharp intellect’ got euro-zone finance ministers endorsement
As UNIAN reported, a recent IMF assessment mission worked in Kyiv from September 12 to September 26.
Slovenia’s central bank said on Wednesday it will impose restrictions on consumer loans to curb “excessive” credit growth and protect borrowers from becoming overindebted.
Despite a 50 basis point decline in the U.S. 10-year note yield since late July, the average interest rate on credit cards continues to hover close to record levels, newly released data from the Federal Reserve show.
More than half of the amount of munis held by households—a third of the $4 trillion market—now sits in separately managed accounts or mutual funds.
…Whatever the rest of Europe thinks of the City of London, companies from emerging economies cannot get enough of the place. The latest is Afreximbank. On Wednesday, this unusual supranational bank …
In January-September 2018, this indicator amounted to $29.9 bln.
The current account balance surplus in Russia dropped by 23.8% year-on-year and amounted to $57.2 bln in January – September 2019, the Central Bank of Russia reported on Wednesday.
Euro zone finance ministers, known as the Eurogroup, recommended Italy’s Fabio Panetta on Wednesday for the six-member executive board of the European Central Bank.
- Euro zone ministers recommend Italy's Panetta for ECB job (Reuters: Oct 9, 2019 at 1:00 PM)
Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to venerable merchant bank’s strategy, nearly a month after he snapped up a 7% stake that stunned corporate Italy.
- New investor Del Vecchio challenges Mediobanca's strategy (Reuters: Oct 9, 2019 at 1:08 PM)