Brussels, Belgium, 30-10-2013 — /EuropaWire/ — In October 2013, the Business Climate Indicator (BCI) for the euro area continued the upward trend that started in May 2013. It increased by 0.18 points to 0.01, close to its historic long-term average. The assessments … Read the full press release
Posted in Business, Economy, European Union
Tagged Audrey Augier, BCI results, Business Climate Indicator, euro area, Simon O’Connor, Vandna Kalia
04-9-2013 — /EuropaWire/ — The Commission has today adopted a communication on shadow banking and proposed new rules for money market funds (MMFs). The communication is a follow-up to last year’s Green Paper on Shadow Banking (IP/12/253). It summarises the work undertaken so far by … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Law
Tagged Audrey Augier, Carmel Dunne, Chantal Hughes, credit intermediation, EC, Europe's financial system, European Commission, Green Paper on Shadow Banking, Michel Barnier, money market funds, regular banking system, shadow banking
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