This article is brought to you in association with EBRD. The signing of a Risk Sharing Framework (RSF) agreement for €50 million between the European Bank for Reconstruction and Development (EBRD) and Credit Agricole Ukraine (CAU) today will enhance the capacity of the bank to make loans to a greater number of Ukrainian companies, including small […]EBRD and Credit Agricole Ukraine join forces to support Ukrainian firms
January 8, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The signing of a Risk Sharing Framework (RSF) agreement for €50 million between the European Bank for Reconstruction and Development (EBRD) and Credit Agricole Ukraine (CAU) today will enhance the capacity of the bank to make loans to a greater number of Ukrainian companies, including small […]France: Healthcare and energy transition – EIB and the Credit Agricole strengthen their support for French regions with €700 million of financing
December 18, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Healthcare: €400 million to help liberal healthcare professionals set up and increase the number of women working in these professions Crédit Agricole is the first bank that approached the EIB on the theme of healthcare and incorporated gender criteria, supporting liberal healthcare professionals at every stage […]EBRD, donors and Crédit Agricole Egypt boost green investments in Egypt
August 6, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and green investments in Egypt with a loan of US$ 20 million (ca.€18.5 million equivalent) to Crédit Agricole Egypt, one of Egypt’s largest commercial banks and a subsidiary of Crédit Agricole Group. The loan, […]The ECB again takes care of the bankers not the people
May 4, 2017 by Leave a Comment
Last week the European Central Bank surprised everybody by letting it be known that interest rates will “remain at present or lower levels for an extended period of time, and well past the horizon of our net asset purchases”. To be noted, presently, the main refinancing operations interest rate is zero. Of course, the markets […]If Macron defies Britain about the banks, Paris and London to clash over ‘La Manche’
April 24, 2017 by Leave a Comment
None of the two winners of yesterday’s first round in the French Presidential election, the pro EU banker Emmanuel Macron (23.9%) and the anti-EU and xenophobic Marine Le Pen (21.4%) is to make things easier for their country. However, the same is true for the British PM Theresa May. The latter’s decision to call an […]Trailing the US-EU economic confrontation
October 6, 2016 by Leave a Comment
More than one economic pundit felt relieved learning that Eurostat, the EU statistical service last Friday estimated the September CPI inflation in Eurozone at 0.4%, the highest level in two years. Understandably, they think that the stagnating and almost deflationary euro area is leaving behind its grim past, aided by ECB’s liquidity injections of €80 […]Poor Greeks, Irish and Spaniards still pay for the faults of German and French banks
February 3, 2014 by Leave a Comment
Government deficit decreased substantially in the third quarter of last year and reached -3.1% of the GDP in Eurozone. This is just one decimal point away from the 3% benchmark, set by the Treaty of Maastricht and the strict EU economic governance Regulations (the famous ‘two’ and ‘six’ packs). The gap between government income and […]Commission paralysed before the banking leviathan
January 30, 2014 by 1 Comment
Although the “Structural reform of the EU banking sector”, as proposed yesterday by European Commission member Michel Barnier, undoubtedly goes halfway to fulfilling the suggestions of the Erkki Liikanen High Level Group Report, it agitated people on both sides of the spectrum. Those who protect the banks by profession said it is ‘irresponsible’, and those […]ECB doesn’t dare touch Eurozone’s big banks
November 5, 2013 by Leave a Comment
While the whole world knows that the Eurozone banks are very short on truly own capital and their overall leverage ratio is less than 3%, the European Central Bank avoids analysing in detail the exact magnitude of this crucial indicator. In its Banking Structure Report, which was published yesterday covering the period 2008-2012 and the […]A new European banking space is born this year
January 3, 2013 by Leave a Comment
The year 2013 can be termed as the European banking year, after the last EU Summit of heads of governments and states decided on 13 December to create a unified bank supervision and auditing space, under the European Central Bank in 24 out of the 27 countries, at the exemption of Britain, Sweden and the […]
