Finance

February 5, 2018

London’s Global Reach and the Half a Trillion Dollars Equity Prize

As the world’s leading international financial centre, London faces fascinating opportunities as well as some significant challenges in coming years. This is as a result of Brexit, increased international competition from other global financial centres, such as New York, and the changing face of finance itself.
January 24, 2018

How to Develop Secondary Markets for Non-performing Loans?

The ECB seeks to increase trading in non-performing loans by reducing the pricing gap between prospective investors and banks. For this to happen, there need to be structural reforms aimed at reducing recovery times, as well as better access to information about loans and debtors. Only when the price offered by investors is in line with the price demanded by banks will we see more activity in distressed debt markets.
November 7, 2017

The Day European Union Governments Spent the Last of Their Annual Revenues

EU central governments use up their resources December 6 on average, 25 days before the end of the year. This is almost seven days later than the year before, representing a significant improvement.
October 18, 2017

The Future of EU Finances

This Position Paper is a response to the Reflection Paper on the Future of EU Finances by the European Commission. The goal of this Paper is to evaluate the outlook for EU Budget, its trends and ongoing discussions and to present EU budget reform solutions that would change Europe, make it prosperous.
August 2, 2017

Relocation or Consolidation? Banks in Europe After Brexit

The fear that the UK-based financial industry will not be able to fully conduct all its current post-Brexit pan-European operations has prompted several London-based institutions to make plans to move some jobs to the continent or to Ireland.