“It is clear that the international dimension of this work will need to continue to be developed. The Task Force is called to play a major role in that respect by further facilitating the exchange of operational information, knowledge and best practices” – EU Commissioner Didier Reynders.
EU Commissioner for Economy, Paolo Gentiloni, and EU Commissioner for International Partnerships, Jutta Urpilainen, will attend the meetings of the G20 and side events in Rio de Janeiro, Brazil.
From July 22 to 26, the G20 Brasil capital will host finance leaders for a series of crucial discussions. As well as debates on the global economy, the climate crisis, foreign debt and multilateral development bank reform, the unprecedented meeting will bring together finance representatives from member countries and civil society organizations.
The U.S. economy has turned in a strong performance over the past few years. Hysteresis effects from the pandemic did not materialize and both activity and employment now exceed pre-pandemic expectations. Real incomes were diminished by the unexpected rise in inflation in 2022 but have now risen above pre-pandemic levels. Job growth has been particularly fast with 16 million new jobs created since end-2020.
The German economy has begun to recover from the energy-price shock. Gradual economic recovery is expected to continue this year. Risks to the outlook are broadly balanced.
Frankfurt/M, 18 July 2024 Monetary policy decisions The Governing Council today decided to keep the
The European Securities and Markets Authority (ESMA), EU’s financial markets regulator and supervisor, published today its Follow-up Report to the Wirecard Fast Track Peer Review assessing the progress made with respect to the recommendations formulated in 2020.
International Roundtable for Scaling Up Climate Finance for Benin: Speech by Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department of the International Monetary Fund (IMF).
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the second batch of policy products under the Digital Operational Resilience Act (DORA).
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) will establish the EU systemic cyber incident coordination framework (EU-SCICF).
The Canadian economy appears to have achieved a soft landing: inflation has come down almost to target, while a recession has been avoided, with GDP growth cushioned by surging immigration even as per capita income has shrunk. Housing unaffordability has risen to levels not seen in a generation, with demand boosted by immigration and supply facing continued challenges to expansion.
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