Financial Stability Board
EU should finance common goods jointly, says ECB’s Knot
The European Union should centralise more of its budget spending, especially for common goods, as that would relieve the burden on more indebted countries and promote convergence, Dutch central bank chief Klaas Knot said on Thursday.
Government asks EU for flexibility in use of NSRF funding to manage pandemic crisis
Still reeling from a decade-long financial depression and with the economy already taking a beating from impact of the Coronavirus pandemic, the government is asking the EU to cut it some slack in the use of NSRF (National Strategic Reference Framework in order to address the latest crisis.
Turkish central banker to co-chair int'l finance board for MENA region
Turkish Central Bank Gov. Murat Çetinkaya is set to co-chair the Financial Stability Board (FSB) for the Middle East North Africa (MENA) region, according to a press statement released by the international body on May 15.
Babacan to visit US to attend international meetings
Turkish Deputy Prime Minister Ali Babacan will visit the United States to attend a series of international meetings, including the G-20 meetings, between April 15 and 21.