About: Global Financial Crisis
A new era for securitisation?
The coming into force of the simple, transparent and standardised (STS) securitisation rules in January was intended to mark a fresh start for securitisation within Europe. Richard Hopkin examines the likely effects of the EU's new rules on securitisation across the bloc.
Lessons from Lehman: It’s the real economy and politics that matter
There are few safeguards against a repeat of the “Great Recession” triggered ten years ago by the collapse of Lehman Brothers, writes Karl Aiginger. However, it will be different from the crisis of 2008 and there is a lot we can do to make it less likely and less severe, he argues.
Commission proposes new CCP financial rules
The European Commission has adopted a proposal on financial market infrastructure that aims to manage the risk of one or more parties defaulting on transactions, in an attempt to learn from lessons provided by the global financial crisis. EURACTIV’s partner Milano Finanza reports.
Europe’s ‘working poor’ and populism are on the rise
Driven by a labour market recovery, EU citizens’ opportunities for social participation have improved slightly for the first time since 2008. But not everyone is benefiting. A high risk of poverty persists in many countries, especially in southern Europe, warn Daniel Schraad-Tischler and Christof Schiller.
European Parliament to side with banks and reject new Basel banking rules
The European Parliament is expected on Thursday (10 November) to announce that it does not intend to accept new international standards that would require banks to have greater capital reserves. EURACTIV’s partner Milano Finanza reports.
Financial expert: Deutsche Bank collapse ‘would probably trigger new global financial crisis’
Deutsche Bank is in crisis mode and its collapse could signal the beginning of a whole new set of economic woes for Germany, the EU and even the entire global financial system, expert Michael Schröder told EURACTIV Germany. But he insists that state aid is not the answer.