The chairmen of UBS Group AG and Credit Suisse Group AG are exploring a potential merger to create one of Europe’s largest banks, Inside Paradeplatz reported, citing unidentified people inside…
Today, the European Commission has put forward its proposal for a major recovery plan. To ensure the recovery is sustainable, even, inclusive and fair for all Member States, the European…
Per Capita Incomes to Shrink in All Regions The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a…
Accurate and timely economic data are crucial for informing policy decisions, especially during a crisis. But the COVID-19 pandemic has disrupted the production of many key statistics. Without reliable data,…
Rich countries are set to take on at least $17tn of extra public debt as they battle the economic consequences of the pandemic, according to the OECD, as sharp drops…
In just a few short months, the coronavirus pandemic has overwhelmed hospitals around the world, killing thousands of people, disrupting travel and trade, and shuttering economies in an unprecedented global…
The oil world has seen many shocks over the years, but none has hit the industry with quite the ferocity we are witnessing today. As markets, companies and entire economies…
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, on 4 April 2020 The ECB recently decided to unleash its firepower once more to protect the euro…
Some say there is a trade-off: save lives or save jobs – this is a false dilemma As the world responds to COVID-19, country after country is faced with the…
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