Systemic risk

European regulators are currently revising data transfer regulations

European regulators are currently revising data transfer regulations

The International Monetary Fund (IMF) will keep financial sectors of seven countries, including Turkey, under spotlight this year, the global crisis lender said in a blog post on Feb. 4.

In the public debate on the social insurance in Greece, the fact that the insurance risk contained in an insurance system is equated with the investment risk of the financial markets and the capital markets raises questions and concerns.

Ljubljana – The general gravity of systemic risks to financial stability has been reduced as the economy has rebounded, but there are elevated risks stemming from the housing market and the long-term profitability of banks, according to the central bank’s latest Financial Stability Review.

The implementation of Romania's aggregate national budget in the first seven months of 2021 ended with a government deficit of 33.97 billion lei (2.89% of GDP), down from 49.68 billion lei (4.71% of GDP) seven months into 2020, the Finance Ministry announced on Thursday.

Greece and its citizens and the entire world seem to be facing a host of trials over the last years.

A series of factors and conditions have led to repeated, extremely intense crises of various kinds that have tested the endurance of states, governments, and societies.

The current decade has confronted Greece with many such trials which are expected to continue.

The climate change agenda has a high stake for the Romanian economy and financial system, both in terms of opportunities and costs, should the green transition be delayed, the governor of the National Bank of Romania (BNR), Mugur Isarescu, said on Tuesday at the press conference for the presentation of the Report of the National Committee for Macroprudential Supervision (CNSM).

Ljubljana – Responding to the EU Court of Justice ordering Slovenia pay a fine for failing to transpose changes to the EU directive on markets in financial instruments in due time, the Finance Ministry said the delay had not affected private and public interests. It added that the European Commission had been informed about the transposition.

The Governor of the Bulgarian National Bank (BNB) Dimitar Radev warned of a possible deterioration of the economic crisis. The warning made on the eve of Banker's Day - December 6is published in the traditional bulletin released by the Association of Commercial Banks.