Businesses and public authorities across the EU may be facing tougher laws on late payments, with the European Commission proposing a new regulation enforcing maximum 30-day terms.
ECB board member Isabel Schnabel suggested that further interest rate increases might no longer be necessary due to a significant decrease in inflation, in an interview with Reuters.
The European Central Bank (ECB) is set to maintain interest rates, breaking a 15-month sequence of increases. The focus may now shift to a more rapid downsizing of its extensive… read more →
The European Central Bank (ECB) has announced further developments in its project to introduce a digital version of the euro. The Governing Council decided to advance to the next phase… read more →
Last month, the euro zone saw an unprecedented reduction in circulating money as banks cut back on lending and savers stashed away their funds. These developments are direct outcomes of… read more →
A worldwide shortfall in curbing carbon emissions could result in increased debt-servicing costs for 59 countries over the forthcoming decade, as per a study simulating the economic repercussions of climate… read more →
The eurozone witnessed a return to growth during the second quarter of 2023, recording an expansion that surpassed expectations, having just about dodged a technical recession at the year’s commencement,… read more →
After weeks of speculation and predictions of the euro’s value hitting parity with the US dollar, it finally happened this week, and the world noticed.
For the third day in succession, a test of the psychologically important parity level in Euro-Dollar is underway, but a significant layer of options barriers could yet mean the exchange rate closes above this level again.
In this Q&A, we speak to author and markets veteran James Fok about his new book, Financial Cold War: A View of Sino-US Relations from the Financial Markets
Eurozone inflation hit a record high in December 2021, as soaring energy prices continue to put pressure on consumers, highlighting the risks of the green energy transition.
TFG’s Editor, Deepesh Patel, spoke to Yves Mersch about the strategical priorities of the ECB in 2020. They discussed the importance of central banks’ independence for the foreseeing of their mandates. The ECB’s mandate is to ensure price stability…
Listen to this podcast on Spotify, Apple Podcasts, Podbean, Podtail, ListenNotes, TuneIn, PodChaser Season 1, Episode 30 Host: Deepesh Patel, Editor, Trade Finance Global Featuring: Dirk Bullmann, Innovation Team Leader,… read more →
The Trade Bill before Parliament is a necessary piece in the BREXIT jigsaw. A question to start, however, is: will the bill survive the environment in which it must serve… read more →
The Bank Payment Obligation (BPO) is often heralded as a predecessor to many common trade finance instruments, but is there still a chance to resurrect in by way of facilitating… read more →