Latest News for: Europe central banks

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Turks who want Erdogan gone are giving up hope

The Spectator 28 May 2023
democratic repair, restoration of independence to institutions like the central bank, the release of political prisoners. He’d improve relations with Europe and the West, reviving Turkey’s application to join the EU.  . But there’s a reason Erdogan has managed to fire several central bank governors and survive a coup attempt.
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ECB’s digital euro prototype nears pilot launch

Cryptopolitan 27 May 2023
The European Central Bank (ECB) announced that it has just concluded an insightful prototyping phase for the digital euro, paving the way for the long-anticipated pilot launch ... This is an important step in ensuring that central bank money remains accessible in an increasingly digital age.
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Gas prices, a source of pain last year, have comeway down

The Buffalo News 27 May 2023
HOUSTON – Americans who fill up their cars this Memorial Day weekend will catch a break – at least compared with a year ago, when gasoline prices were soaring. The national average price for regular gasoline is a full dollar a gallon lower than a year ago ... People are also reading… ... Central banks in Europe are also pursuing similar policies ... ....
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AM Prep-Cyber Corner

Messenger-Inquirer 26 May 2023
READY FOR DIGITAL EURO? AT 25, EUROPEAN CENTRAL BANK PREPS FOR FUTURE OF MONEY ... That would add another way to hold Europe’s currency, on top of cash and bank accounts ... ECB President Christine Lagarde says a digital currency from the central bank will help make Europe independent of outside payment services companies like Mastercard and Apple Pay.
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Banking System Resilient, but Profits Expected to Fall

Hungary Today 26 May 2023
In a rising interest rate environment and war-induced uncertainty, we expect a slowdown in credit growth dynamics in both the corporate and household segments, reports the Hungarian Central Bank (MNB) ... The increase in inflation risks has led many central banks to tighten their asset purchase programs and interest rate conditions.
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INTERVIEW: New governor says BOJ will keep 2% inflation target for now

Asahi News 26 May 2023
Bank of Japan Governor Kazuo Ueda said that the central bank's 2 percent inflation target “should not be changed easily" but hinted at the possibility of reviewing the BOJ's 10-year-long monetary easing policy ... Major central banks or their equivalent in the United States and Europe have also set their inflation targets at 2 percent.
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UniCredit and Mastercard Expand Payments Partnership

The Joplin Globe 26 May 2023
This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe ... Together we have created real solutions that help people and businesses across Europe ... UniCredit is a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe ... ITALY EUROPE.
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Market Talk – May 26, 2023

Armstrong Economics 26 May 2023
EUROPE/EMEA.. Irish central bank chief Gabriel Makhlouf stated that the European Central Bank (ECB) is considering two more rate hikes, although the timing of future increases remains uncertain due to persistent inflation ... The major Europe stock markets had a green day today ... The major Europe currency markets had a mixed day today.
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Gasoline prices, a source of pain last Memorial Day, have come way down

Sun Sentinel 26 May 2023
HOUSTON — Americans who fill up their cars this Memorial Day weekend will catch a break — at least compared with a year ago, when gasoline prices were soaring. The national average price for regular gasoline is a full dollar a gallon lower than a year ago ... But that may be starting to change ... Central banks in Europe are also pursuing similar policies.
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European Central Bank preps for future of money

Sun Star 25 May 2023
The European Union’s executive Commission is expected to come up with proposed legislation on the idea in the next several weeks, ECB officials say, while the central bank will publish a detailed proposal for the design of a digital currency in October ... As Europe considers its own central bank-based digital currency, the biggest question is.
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ECB preps for future of money

The Manila Times 25 May 2023
As it marks its 25th anniversary on Wednesday, the European Central Bank is readying a proposed design for a digital version of the euro, responding to pressure from developing technology that could change how money is used over the bank's next decades ... As Europe considers its own central bank-based digital currency, the biggest question is.
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Ready for a digital euro?

Billings Gazette 25 May 2023
ECB President Christine Lagarde says a digital currency from the central bank will help make Europe independent of outside payment ...
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Stocks fall on European markets as fears of U.S. debt default grow

People Daily 25 May 2023
Economists warn that such a development would have profound economic consequences around the globe -- including in Europe, where central banks and private businesses are widely exposed to U.S ... Banks and large multinationals with exposure to the U.S ... Outside of Europe, stocks were also lower in the United States and Asia.
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Ready for a digital euro? At 25, European Central Bank preps for future of money

Stars and Stripes 24 May 2023
The European Union's executive Commission is expected to come up with proposed legislation on the idea in the next several weeks, ECB officials say, while the central bank will publish a detailed proposal for the design of a digital currency in October ... As Europe considers its own central bank-based digital currency, the biggest question is.
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Swiss gov’t favors compensation for journalistic ‘snippets’ posted by online services

The Associated Press 24 May 2023
The European Union's executive Commission is expected to come up with proposed legislation on the idea in the next several weeks, ECB officials say, while the central bank will publish a detailed proposal for the design of a digital currency in October ... As Europe considers its own central bank-based digital currency, the biggest question is.

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Russian President Vladimir Putin chairs a Security Council meeting via videoconference in Moscow, Russia, Wednesday, April 5, 2023
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