Greece’s non-seasonally adjusted quarterly unemployment rate dropped in Q3, landing at 8.2 percent, from 8.6 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
We employ 68 quarters of data – including from non-public supervisory sources – to study how 17 US and 17 euro-area banks balance the risk of breaching regulatory requirements against the cost of maintaining and speedily restoring “management” buffers. We find that steady-state management buffer targets systematically declined and regulatory risk tolerance (RRT) rose following the Great Financial Crisis, especially at banks experiencing a stronger increase in capital requirements.
The Bank of England (the Bank) has today launched its second system-wide exploratory scenario (SWES) exercise. This will focus on how the private markets ecosystem operates under stress and the potential implications for UK financial stability and the UK real economy.
We employ 68 quarters of data – including from non-public supervisory sources – to study how 17 US and 17 euro-area banks balance the risk of breaching regulatory requirements against the cost of maintaining and speedily restoring “management” buffers. We find that steady-state management buffer targets systematically declined and regulatory risk tolerance (RRT) rose following the Great Financial Crisis, especially at banks experiencing a stronger increase in capital requirements.
Alexis Tsipras stepped onto the stage at the Pallas Theatre in central Athens on Wednesday night ostensibly to present his new book, Ithaki, but the atmosphere, the crowd, and above all the content of his speech transformed the event into a declaration of political intent.
While growing evidence shows that carbon emissions are harming the economy, the journal Nature found that an outlier paper had deep flaws.
Blackday/Shutterstock.comPsychedelic medicine has regained momentum in 2025. Investors are coming back, regulatory attitudes are softening, trial results are improving and major pharmaceutical firms that kept their distance are starting to pay attention.
Avelina/ShutterstockThe European parliament recently backed changes to the rules around the labelling and marketing of plant-based meat
Charli XCX performs during a celebration of the annual release of Spotify Wrapped in 2022 in Los Angeles. Kevin Winter/Getty Images for SpotifyEven before this year’s Spotify Wrapped dropped, I had a hunch what mine would reveal.
Imagine going from having a book club with your co-workers to seeing them only on a Signal chat where every member has to be vetted – and the main conversation topic is when you might lose your job.
That’s what it was like for workers at one federal agency earlier this year.
