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ECB Expects Worse Recession in Europe Than Global Economy

[Apr 14 2:35 AM] The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more…

41 German Banks Now Charge Negative Interest Rates

[Feb 2 3:50 PM] The number of German banks charging negative interest rates has been rising rapidly. At least 41 banks now charge negative interest rates on deposits. According to reports, seven of them are imposing negative interest rates even for small deposit…

US and European Regulators Say Crypto a Priority This Year

[Jan 12 3:05 PM] Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other…