Dear friends, dear interested, Together 65 economists and public figures from Italy and Germany will publish a new call for proposals on Monday. We call for a refinancing of the Corona reconstruction programme by curbing tax dumping and money laundering in Europe. We want to publicly discuss our German-Italian demands in a […]
Capital requirements for banks: Relief needs to be complemented by obligations on bank investors
In the Corona crisis, the EU Commission wants to grant European banks far-reaching capital relief with a “CRR quick fix” of the capital adequacy rules. Previously, bank supervisors had already granted relief to banks. Now, further temporarily relaxed capital requirements are to enable the banks to grant loans even during the crisis. The Commission’s proposals […]