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European banks have been resilient during the Covid crisis, but still face 2 major challenges

European banks have been resilient during the Covid crisis, but still face 2 major challenges

Posted By: Editorial Teamon: February 22, 2021In: BUSINESS, ECONOMY, NEWSNo Comments

European banks have seemingly weathered the coronavirus crisis well, but there are still some major challenges ahead that have the potential to rattle the sector. There’s been a noticeable difference between the pandemic and the global financial crisis of 2008: European banks have a much stronger capital position now than they did before. This is in part […] Read more

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Italy avoids government collapse as Prime Minister Giuseppe Conte survives confidence vote

Italy avoids government collapse as Prime Minister Giuseppe Conte survives confidence vote

Posted By: Editorial Teamon: January 19, 2021In: DIPLOMACY, PEOPLE, POLITICSNo Comments

Italy averted further political chaos on Tuesday after Prime Minister Giuseppe Conte survived a confidence vote in the upper house of Parliament. The country had been embroiled in fresh political uncertainty over the past week after a smaller party withdrew its support for the coalition government — thus stripping it off from having a majority in Parliament. […] Read more

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