"Even from the perspective of central banks’ mandates, raising rates too quickly has clear downsides. Higher rates reduce the value of loans with a fixed return. But it strikes hardest at those banks which do what is best for the economy: funding long-term investments. Even at this stage, the US has had to take extraordinary measures to keep its small- and medium-sized banks afloat. US Treasury Secretary Janet Yellen, quizzed on this point in Congress, struggled to explain how anything short of a blanket guarantee for deposits over $250,000 would save the sector."
OMFIF
Central bank action on inflation hits investment in renewables
Tiered reserve requirements can reduce bank lending while protecting sustainable projects
Ovviamente anche i contributi alle imprese per la produzione di idrogeno (finanziati dal PNRR) devono passare attraverso le maglie delle norme che vietano gli aiuti di Stato. Un corto circuito meraviglioso.
European Commission - European Commission
Press corner
Highlights, press releases and speeches
Due compagnie tedesche rinnovano la copertura assicurativa al Nord Stream 1. Loro credono che nel futuro passerà ancora gas in quei tubi. E se ci credono loro...
Reuters
Exclusive: German insurers renew cover for blast-damaged Nord Stream gas link
German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out after an alleged sabotage attack.
Le "idee" dei tedeschi e della Commissione sulla riforma del Patto di Stabilità. 'NNAMO BENE... DIREBBE 'A SORA LELLA.
POLITICO
Brussels Playbook: NATO talks Russia-China alliance — Fiscal rules — Serbia-Kosovo
POLITICO’s must-read briefing on what's driving the day in Brussels, by Jakob Hanke Vela.
Il responsabile degli investimenti azionari del fondo pensioni svedese Alecta è stato invitato a "prendersi una vacanza" dopo essersi fumato 2 MILIARDI DI DOLLARI in azioni di Siilicon Valley Bank. Una finanza totalmente malata da azzerare e basta.
Bloomberg.com
$2 Billion Loss at Sweden’s Pension Fund Has Stocks Chief Put on Leave
Sweden’s biggest pension fund Alecta has put its equities chief on leave and announced a plan to reduce risk exposure after reporting $2 billion in investment losses tied to last month’s US banking crisis.
Si fanno da soli le domande, di cui conoscono le risposte.👇
Vi spiego i veri errori di Conte e Draghi sul Pnrr - Startmag
https://www.startmag.it/economia/vi-spiego-i-veri-errori-di-conte-e-draghi-sul-pnrr/
https://www.startmag.it/economia/vi-spiego-i-veri-errori-di-conte-e-draghi-sul-pnrr/
Startmag
Vi spiego i veri errori di Conte e Draghi sul Pnrr - Startmag
Il Presidente Giorgia Meloni prenda atto che il Pnrr è fatto di cose di dubbia utilità ed ora pure pagate a caro prezzo.
Il petrolio russo, di riffa o di raffa, continua a circolare
Bloomberg.com
Russia’s Murky Measures Keep Its Oil Flowing Despite Sanctions
Russia is resorting to a number of murky practices to sell a lesser-known oil product to buyers wary of breaching sanctions, and to beat a financial cap set by the European Union and its allies.