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Analysis: Europe braces for pandemic reality to hit banks

Analysis: Europe braces for pandemic reality to hit banks
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Analysis: Europe braces for pandemic reality to hit banks

Analysis: Europe braces for pandemic reality to hit banks
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Analysis: Europe braces for pandemic reality to hit banks

5 Min Read FRANKFURT (Reuters) - Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-started a debate among politicians about whether they may ultimately need state help. FILE PHOTO: European Commissioner for Economy Paolo Gentiloni attends a media conference in Brussels, Belgium November 18, 2020. REUTERS/Johanna Geron/Pool/File Photo Reflecting on the pandemic impact, many bank executives say the worst is behind them, with Societe Generale CEO Frederic Oudea and BNP Paribas CEO Jean-Laurent Bonnafe predicting an imminent rebound. “Optimism is . a weapon of war,” Philippe Brassac, chief executive of Credit Agricole said in January, decrying “doom-mongers”. “And this war, we can win.”

Issuance of green bonds will strengthen the international role of the euro

Eurogroup ministers discussed the international role of the euro (15 February), following the publication of the European Commission s communication of (19 January), ‘The European economic and financial system: fostering strength and resilience’. President of the Eurogroup, Paschal Donohoe said: “The aim is to reduce our dependence on other currencies, and to strengthen our autonomy in […]

Europe braces for pandemic reality to hit banks | Hellenic Shipping News Worldwide

Europe braces for pandemic reality to hit banks | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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