Tue. Oct 8th, 2024

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LATEST NEWS

Russia: EU Council prolongs individual sanctions for a further six months

The EU Council decided today to prolong the restrictive measures targeting those responsible for undermining or threatening the territorial integrity, sovereignty and independence of Ukraine for another six months, until 15 March 2025. The measures provide for travel restrictions, the freezing of assets, and a ban on making funds or other economic resources available to the listed individuals and entities.

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12/09/2024

IMF Transcript of European Department April 2024 Press Briefing

“We went through two historic crises with the pandemic and the energy security issue caused by Russia’s invasion of Ukraine. Policymakers did a remarkable job to end up where we are, but the population clearly is still in pain. What we are now forecasting is a soft landing, but that is not guaranteed” – IMF statement on European outlook.

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20/04/2024

Elder Financial Exploitation: U.S. FinCEN Issues Analysis

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis today. Financial Institutions report $27bn in elder financial exploitation suspicious activity in one year. The data were linked to the illegal or improper use of an older adult’s funds, property, or assets.

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18/04/2024

Greece: EU Commission receives 4th payment request for RRF loans

Greece´s 4th payment request concerns one target under the loan facility component. This target requires that an aggregate of €4.5 billion of RRF loans are signed by financial institutions with companies to support private investment related to areas such as the green transition, the digital transition, increasing export capacity, and innovation.

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18/04/2024

Estonia: IMF Staff Concluding Statement of the 2024 Article IV Mission

Recent shocks have triggered supply side disruptions and a large rise in inflation. Inflation has now eased, but price and cost levels have shifted up compared to the euro area average, hurting competitiveness. Low and falling productivity growth could take a further toll on external performance and weigh adversely on Estonia’s longer-term growth prospects.

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15/04/2024
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