central banking

The love for state ownership and state economic initiatives is periodically revived. The economic effect of the activities of state-owned enterprises usually sharply contrasts with the expectations for the promotion of social justice, the reduction of inequalities, the reduction of poverty, etc. And because the devil is in the details, the assessment of the results of their functioning ...

As it became clear last week, the banking sector in Italy is in a serious financial crisis and many of the country's largest banks are facing bankruptcy, which is why they need an urgent injection of capital. In the midst of the dispute between Italian Prime Minister Matteo Renzi and statesmen in Berlin and Brussels ...

On March 9, the European Central Bank (ECB) launched its expanded asset purchase program, which was officially announced at the end of January at the central bank’s first board meeting of the year. With the expansion of the program’s scope and volume, the ECB will aim to buy 44 …

Fears of a financial crisis in China have come to the fore again after, shortly before the end of 2013, 7-day interbank interest rates jumped to levels above 10% for the second time in the last 6 months. In response, the central bank intervened, injecting around …