Banks

Securitization allows banks to repackage and resell debt, famously explained by actress Margot Robbie in a bubble bath in the film “The Big Short.”

Dimitar Radev, the governor of the Bulgarian National Bank, says national authorities must align and adapt to wider eurozone conditions.

Brussels wants to cut the flow of cash to Moscow — but Hungary and Slovakia are poised to hold up the proposals.

“Our message is clear: This war must end,” Ursula von der Leyen says.

Itamar Ben-Gvir and Bezalel Smotrich’s Gaza comments are “monstrous,” U.K. Foreign Minister David Lammy says.

The measures are designed to target the Nord Stream pipelines and drain the Kremlin’s war chest.

Central bank chief squashes talk of an early exit to go and run the Davos World Economic Forum.

“The evacuation is the largest measure since the end of the Second World War,” say local authorities.

Defense projects can now apply for a chunk of the remaining €335 billion — initially earmarked for climate and digital investment.

The election of a Euroskeptic populist as Poland’s president means Europe’s great economic success story will show even less interest in joining the eurozone.

A punchy threat to sue the former Chelsea F.C. owner masks a much more complicated legal picture.

British government says it’s “deeply frustrated” that no deal has been reached with the tycoon.

The proposal would represent the latest policy win for the banking industry, which has been closely scrutinized since the 2008 global financial meltdown.

The numbers suggest that Trump’s policies are chipping away at the global trade deficit, which the president views as a key problem for the US economy.

The governor of Slovakia’s central bank had been charged with bribing an official in 2016, while he was finance minister.

Italy, Spain and Poland among those at risk as European Commission prepares to say €650 billion scheme’s 2026 deadline is here to stay.

Russia has used drones to kill more than 150 civilians in Kherson, which Vladimir Putin wants to claim in negotiations to end the war, says the U.N.

The European Commission plans to make it easier for banks to invest in resold debt, known as “securitization,” under draft proposals to revise rules for the practice …

Paris is set to move forward with recognition as pressure mounts on Israel to halt its military campaign in the Gaza Strip.

Warsaw wants to use around €6 billion in EU money to build shelters and roads for tanks.

Benjamin Haddad says the EU has a window to act right now.

Keep €70 per adult and €30 per child in hard currency in case of emergencies, the Bank advised.

The 3.5 percent rise was sharper than expected.