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finance

European stocks slide as Credit Suisse buyout fails to soothe investors

European stocks fell on Monday and shares of Credit Suisse dived more than 60% after UBS agreed to buy the troubled bank in a...

Germany’s Scholz calls for EU to complete banking integration

German Chancellor Olaf Scholz said the European Union needs to tighten the integration of its banking and finance sectors to bolster a transition to...

German finance ministry firmly rejects new EU common debt

Germany's finance ministry firmly rejected proposals on new European Union joint debt on Thursday, saying such a move, backed by France and European Council...

Germany to host G7 finance meeting from May 18-20

Germany will host the main finance meeting of its presidency of the Group of Seven (G7) economic powers from May 18-20, the Rheinische Post...

London banking job exodus to EU slows despite Brexit

The number of finance jobs shifting from Britain to the European Union due to Brexit is less than initially expected despite billions of euros...

BVB’s financing rounds exceed €1.5bln in the first 10 months

The Bucharest Stock Exchange (BVB) announced on Monday that the financing rounds carried out through BVB exceeded €1.5bln and it stated that in the...

Romania’s budget deficit narrows to 3.77% of GDP in the first 9 months of 2021

Romania's Ministry of Finance announced the country's consolidated budget for the first nine months of 2021 amounted to a deficit of RON 44.3bln (3.77%...

Romania’s Central Bank bond buying paves way for more debt supply

Romania’s central bank bought bonds on the secondary market from commercial lenders on Monday and Tuesday, triggering a rally in the country’s government debt...

Financial education platform was launched in Romania

The Ministry of Education, the National Bank of Romania, the Ministry of Finance, the Financial Supervisory Authority and the Romanian Association of Banks announced...