Monetary economics

Man rams car into bank in Turkey's south, says he is 'against monetary system'

A man has rammed his car into a private bank in the southern province of Antalya's Muratpaşa district, saying he is "against the monetary system." 
Cem Mustafa Demir, 28, was caught as he was about to set the bank vault on fire, Doğan News Agency reported March 3.

Bank of Greece: Deal, or momentum is lost

The Bank of Greece is sticking to its forecast which sees the economy expanding 2.5 percent this year, according to its annual report presented yon Friday by Governor Yannis Stournaras, though he warned that the economy will face a series of uncertainties unless an agreement is reached swiftly by the government and the country's creditors.

ECB Growing financial risk appetite within a gradual economic recovery

  • - Euro area systemic stress remained low in past six months amid improving, but still subdued, economic growth
  • - Financial markets show continued asset price rises and bouts of volatility, but without generalised overvaluations
  • - Challenging operating environment for euro area banks and insurers, while rapid growth of shadow banking sector continues

The Era of Global Paradoxes Aspects of the New Threats in the Middle East

The state of world affairs over the past decade has been characterized by complexities that defy easy analysis and prognostication. Global developments experienced during the previous year have only added to existing difficulties-particularly in terms of guidance and progress. 

Pages