With aspirations to make projects like Facebook’s Libra redundant, euro zone central banks and governments are at work on a plan to roll out a public cryptocurrency. The bloc is also going after a stricter approach from a regulatory perspective in the event that Libra should...
In the wake of a slew of European money laundering scandals, deposits in the euro zone region from foreign countries dropped significantly in the latter half of 2018. Reuters reported that money laundering cases are often associated with large amounts of foreign deposits and uneven...
Eurozone stocks got good news on the first day of trading in 2017, which sent their shares up to a level not seen in longer than a year. According to a report in Reuters, data showcased manufacturers’ increased activity at the fastest pace in greater...
Concerns about European economies have been surging ever since U.K. voters cast a historic vote to exit the European Union. And while it remains to be seen just how big the impact will be, JPMorgan Chase Chief Executive Jamie Dimon warned Monday (Aug. 1) that...
August 25, 2023
Before making a final decision on the potential launch of a digital euro, the European Central Bank (ECB) must assess the impact of a digital euro on the euro zone’s banking system. So said Spain’s deputy central bank governor, Margarita Delgado, in a speech in which she emphasized the importance of measuring this impact to ensure the stability, […]
September 13, 2019
With aspirations to make projects like Facebook’s Libra redundant, euro zone central banks and governments are at work on a plan to roll out a public cryptocurrency. The bloc is also...
March 11, 2019
In the wake of a slew of European money laundering scandals, deposits in the euro zone region from foreign countries dropped significantly in the latter half of 2018. Reuters reported...
January 03, 2017
Eurozone stocks got good news on the first day of trading in 2017, which sent their shares up to a level not seen in longer than a year. According to...