Germany aims to avoid any firm becoming insolvent due to coronavirus

[ad_1] FILE PHOTO: The German flag is pictured at the Reichstag building during exploratory talks about forming a new coalition government in Berlin, Germany, November 7, 2017. REUTERS/Hannibal Hanschke BERLIN…

Turkey’s Isbank says reduces interest rates for housing loans

[ad_1] ISTANBUL, Sept 13 (Reuters) – Turkey’s Isbank reduced interest rates for housing loans, the lender said on Friday, after the central bank cut its key policy rate by 325…

Cyprus watchdog imposes Commerzbank fine for deals of defunct bank

[ad_1] July 3 (Reuters) – Cyprus’s securities regulator on Friday imposed a 650,000 euro ($730,795.00) fine on Germany’s Commerzbank for transactions ordered by a now defunct local bank whose demise…

Italy – Factors to watch on June 30

[ad_1] The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…

Bank of England delays report on health of UK banks to Aug. 6

[ad_1] FILE PHOTO: People wearing masks walk past the Bank of England, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 23, 2020. REUTERS/Toby Melville LONDON…

Italy 50-yr bond drew bumper demand from Germany – debt management chief

[ad_1] ROME, July 10 (Reuters) – More than 80% of the demand for Italy’s 50-year debt issue on Tuesday came from foreign investors, with Germany in the forefront, the head…

UPDATE 4-Sweden ends five years of negative rates with hike to zero

[ad_1] * Riksbank is first central bank to exit negative rates * Sees benchmark rate on hold at 0.0% through 2021 * Swedish crown broadly unchanged (Adds further central bank…

Russia’s developer Inteko says business not hurt by B&N situation

[ad_1] MOSCOW, Sept 20 (Reuters) – Russian real estate developer Inteko said on Wednesday it had no credit lines open in Russia’s B&N Bank, and the situation with the lender…

Italy – Factors to watch on Nov. 18

[ad_1] The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…

Bank of Italy cuts 2019 GDP growth forecast

[ad_1] ROME, June 7 (Reuters) – The Italian economy will grow just 0.3% this year, the Bank of Italy said on Friday, cutting an already reduced projection of 0.6% made…