European Central Bank

Italian banks get free pass to evade windfall tax
Lenders will have ample opportunity to pay substantially less than initially proposed
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September 21, 2023
We’ve got it wrong on windfall taxes
Windfall taxes disguise a deeper systemic issue. It’s time for central banks to stop paying banks billions of taxpayers’ money...
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September 20, 2023
Editor's letter: Resistance to ESG is futile
The European Union’s Platform Work Directive probably isn’t at the top of your reading list but it’s worth a longer...
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September 19, 2023
ECB cautions on Italy’s windfall tax
Italy’s banking windfall tax could impair the resilience of the eurozone’s banks and distort markets, the European Central Bank has...
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September 13, 2023
Editor's letter: Banks sleepwalking into climate crisis
It’s been a trying week for the fossil fuel industry. BP chief Bernard Looney has resigned after failing to disclose...
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September 12, 2023
ECB: Europe's banks 'failing to consider climate risk'
Most European banks are “insufficiently considering” climate-related risk in their credit assessments, according to a member of the European Central...
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