Eurobank reports solid rise in profitability of 12.4% YoY in 9M
Eurobank posted a net profit of 1.16 billion euros in 9M 2026, from 1.03 billion euros a year earlier, up by 12.4 percent year-on-year (YoY).
Mitsotakis prepares ND for long campaign after retreat from NPL legislation
Kyriakos Mitsotakis is effectively launching this Monday New Democracy's long march towards the next general election, seeking to place both his government and party organisation on a war footing while there is still ample time remaining in the parliamentary term.
Monetary policy in times of high public debt
High public debt around the globe has revived concerns that it could impede central banks’ ability to control inflation. This article explains how public debt affects the work of central banks. They can still control inflation, but they must take public debt into account when setting rates, because debt affects the level of interest rates consistent with price stability.
FEDS Paper: Measuring Consumption with Credit Card Data: Benchmarking and Beyond
Aditya Aladangady, Ricardo Duque Gabriel, and Carlo WixWe introduce a novel monthly county-level consumption dataset constructed from spending data on over 350 million credit cards in the Federal Reserve’s Y-14M reports, covering over 3,000 U.S. counties since 2014.
The government has delayed the toughest spending decisions – but here’s what we do know after the budget
Prime Minister Andy Burnham congratulates Chancellor John Healey after his first budget. © House of Commons, CC BY-NC-NDJohn Healey’s steady-as-she-goes budget was a picture of a government doing its best to offer “what help we can afford”, while weathering the economic storms. But despite its 98 policy measures, decisions on some of the biggest issues appear to have been kicked down the road.
Massive sinkholes open up across Turkey as it struggles with drought and climate change
Sinkholes are opening up across Turkey as farmers look for new sources of water. Yalcin Sonat/ShutterstockTurkey’s central Anatolian plateau is one of the country’s most important agricultural regions, producing wheat, maize, sugar beet and other crops. Yet beneath its cultivated fields, the ground is becoming increasingly unstable.
IFDP Paper: When and for Whom Does the Sovereign-Bank Nexus Matter? Evidence from Post-Crisis Europe
Charlotte Hoopes, Pinar Uysal, and Ilknur ZerWe study whether sovereign risk continues to affect banks a decade after Europe began reshaping its financial architecture. Combining daily bank and sovereign credit default swap spreads with supervisory data on banks' domestic sovereign portfolios, we show that the sovereign-bank relationship remains economically meaningful but is highly conditional.
Allegheny County is reassessing every property – here’s how your tax bill is calculated now
A court-ordered reassessment will set new values for every property in Allegheny County. Robert D. Strovers/Moments Collection via Getty ImagesAllegheny County will undergo a countywide reassessment of every property it taxes for the first time since 2012.
Are American voters actually gloomy about the economy, or is something else going on?
Economic pessimism among Americans in both political parties is deepening ahead of the November midterm elections, amid factors such as high energy prices and cost-of-living pressures. AP Photo/Jeff ChiuPolling is looking grim for Republicans ahead of the U.S. midterm elections on Nov.
How different election results affect bank stability – global study
Recent elections in Brazil and Israel have yielded different political outcomes. In Brazil, Luiz Inácio Lula da Silva’s narrow and ultimately surprise victory in a presidential runoff vote has kept him in office.
In Israel, meanwhile, an inconclusive election result has left uncertainty over the formation of the next government. These outcomes are likely to have an effect on the stability of the financial systems in both countries.
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