• Factbox: EU lawmakers vote on ‘quick fix’ bank capital relief

    Factbox: EU lawmakers vote on ‘quick fix’ bank capital relief0

    LONDON (Reuters) – A panel of European Parliament members are set to back “quick fix” proposals on Monday to temporarily help banks step up the flow of credit to households and companies hit by the coronavirus pandemic. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, February 19, 2020. Picture

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  • EU to offer banks capital relief to help coronavirus-hit firms: sources

    EU to offer banks capital relief to help coronavirus-hit firms: sources0

    LONDON (Reuters) – EU banks are to receive more capital relief so they can help companies struggling in the coronavirus pandemic, without having to make crippling loan provisions to reflect a looming deep recession, sources said on Monday. FILE PHOTO: Executive Vice-President Valdis Dombrovskis presents the EU executive’s economic response to the coronavirus epidemic, in

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  • Factbox: EU lawmakers vote on ‘quick fix’ bank capital relief

    Factbox: EU lawmakers vote on ‘quick fix’ bank capital relief0

    LONDON (Reuters) – A panel of European Parliament members are set to back “quick fix” proposals on Monday to temporarily help banks step up the flow of credit to households and companies hit by the coronavirus pandemic. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, February 19, 2020. Picture

    READ MORE

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