Having a national currency can make it easier to pursue national economic objectives. It can also be useful in dealing with emergencies, and it protects citizens from possible problems in being forced to use foreign currencies....
Some economic consequences of the COVID-19 pandemic may also be experienced long after it has ended. What long-term effects of COVID-19 could pose risks to the stability of the financial system in the future?
The principles of open banking have been in force in the EU for over a year, but the availability of open banking services is still low. However, the philosophy of open banking is being adopted by more and more countries, and...
The markets are efficient over the long term, and because of that the stock market can serve as a barometer of the situation in the economy – provided that it accurately reflects its structure. However, sometimes the narratives...
So far, the global economy has been suffering chiefly as a consequence of an economic standstill in China triggered by the outbreak of coronavirus. However, the situation could get far worse. At least two alternative scenarios...
The new requirements of the MiFID II Directive, which enters into force on January 3rd, 2018, will significantly change trade of shares, bonds and derivatives in the European Union.