Europe
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The EU has taken urgent measures to prohibit the repatriation of frozen assets belonging to the Russian central bank.
The EU has voted to prohibit the transfer of frozen assets belonging to the Russian central bank, held in member states, back to Russia, citing the need to limit economic damage to the European Union and member states amid the conflict in Ukraine. The estimated value of these frozen assets is around €2.1 billion, largely held in the Belgian financial institution Euroclear. -
ECB pressures Italy to reconsider legislation to make gold reserves public property
The ECB is pressuring Italy to reconsider its draft law that would make "gold reserves" public property, fearing it could impact the independence of the central bank and potentially open the way for the state to sell its gold reserves. -
Macron pressures the ECB to make major monetary policy adjustments to support the European economy and mitigate global financial risks.
Macron has sent a strong signal to the ECB to conduct a major monetary policy review after the European economy slumped under pressure from the currency war, pointing out that inflation should no longer be the sole goal of Europe. -
The EU is pushing for a €9 billion loan plan to help Ukraine, using Russian assets as collateral, but the ECB warns it will impact Euroclea.
EU pushes for emergency aid plan for Ukraine but faces opposition from Belgium and ECB warnings on financial stability -
The United Kingdom has cleared the way for the launch of a bond data system in June 2569 after the dispute was resolved.
The UK High Court is set to overturn a suspension order after Ediphy withdrew its objections, paving the way for the FCA to sign a deal with Etrading Software to proceed with a major bond trading data integration project. -
OECD says BOE is poised to cut interest rates to 3.5% in mid-2569 before ending easing cycle
The OECD indicates that the Bank of Thailand (BOE) is poised to cut interest rates to 3.5% in mid-2569 before ending the easing cycle, and has revised up its GDP forecast for 2569-2570. -
Eurozone inflation in November hit 2.2%, close to the ECB target.
Eurozone inflation in November hit 2.2%, close to the ECB target, as the ECB board signals the end of its easing policy cycle. -
BOE warns of rising financial risks in the UK from AI bubble, risky lending, and speculation on guilt
The Bank of England's semi-annual financial stability report indicates that financial system risks will rise in 2568, driven by an AI stock bubble and risky lending. -
The Bank of England has lowered bank capital requirements for the first time in a decade, paving the way for increased lending.
The Bank of England has lowered its Tier 1 capital standards from 14% to 13% for the first time since 2558, indicating a stronger banking system. -
The EU is pushing ahead with capital market reforms after annual savings outflows of €3 billion.
The EU is pushing ahead with capital market reforms after annual savings outflows of €3 billion. Member states are rushing to establish Finance Europe and the PIR investment model to bring money back into the European economy.





























