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Author Archives: Top News Editor

Eurozone Financial Stability Positive Despite Risks

Euro area financial stability situation remains positive, supported by strong economic growth, but the threat of an abrupt market correction due to global risks remain, the European Central Bank said in a report released Wednesday. Read Full Story

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Eurozone Economic Confidence At 17-Year High

Eurozone economic confidence continued to improve in November hitting a 17-year high, suggesting robust growth momentum towards the end of the year. The economic confidence index improved to 114.6 from a revised 114.1 in the previous month, survey data from ...

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German Consumer Confidence To Hold Steady In December

German consumer confidence is set to remain unchanged at the end of the year, underpinned by strong economic expectations, while it is yet to be known whether the failed coalition talks would hurt the sentiment, results of the latest survey ...

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OECD Says Global Growth Strengthening But Challenges Remain

Global economic growth is set to improve slightly next year but longer-term challenges inhibit stronger, more inclusive and more resilient economies, the Organisation for Economic Co-operation and Development said Tuesday. The Paris-based think tank also said that the UK economy ...

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UK Banking System Capable To Resist Disorderly Brexit: BoE

The UK banking system could support the real economy even through a disorderly Brexit, according to the Financial Stability Report, released by the Bank of England on Tuesday. In an adverse scenario, capital buffers would be drawn down substantially and, ...

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