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Household borrowing and monetary policy transmission: post-pandemic insights from nine European credit registers

11/10/2025 European Central Bank Central banks

We study heterogeneity in households’ credit across nine European countries (Belgium, Spain, Hungary, Ireland, Italy, Latvia, Lithuania, Portugal, and Slovakia) during 2022-2024 using granular credit register data. We first document substantial between- and within-country variation in mortgage and consumer lending by borrower age, loan maturity, and interest rate fixation. We then quantify the passthrough of the ECB’s recent tightening cycle to household borrowing costs, and assess its heterogeneous impact across households.

Bank of England launches consultation on regulating systemic stablecoins

11/10/2025 Bank of England Central banks

The Bank of England (the Bank) has today published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.

PM hopes energy, US deals offer political lifeline as Samaras drags him towards domestic mire

11/10/2025 Macropolis European Union

Following a week of high-profile diplomacy and bold declarations, during which Greece tried to thrust itself onto the global energy stage, Prime Minister Kyriakos Mitsotakis is hoping to turn the moment into a political turning point at home.

Alpha Bank net profits at 704 mln in 9M, commission income jumps 14 pct YoY

11/10/2025 Macropolis European Union

Alpha Bank reported a net profit of 704 million euros in 9M 2025, compared to a profit of 489 million euros in 2024, a rise of 44 percent.

Scope leaves rating unchanged at 'BBB', ups outlook to positive

11/10/2025 Macropolis European Union

Scope Ratings affirmed Greece’s sovereign credit rating at ‘BBB’, while revising its outlook from stable to positive, reflecting the country’s growing economic resilience, strong fiscal performance, and steady improvement in debt dynamics.

Monetary policy transmission through cross-selling banks

11/10/2025 European Central Bank Central banks

Banks trade off short-term losses on deposits against long-term profits from cross-selling other products to new depositors. This strategy is especially attractive when policy rates are low and future sales are more valuable. Therefore, deposit rates move less than policy rates: banks keep them relatively higher when policy rates fall, and relatively lower when policy rates rise. As returns on other financial assets follow policy rates more closely, this makes deposits relatively less attractive for depositors at higher policy rates.

Hungry for Development: The leadership of the Global South from G20 to COP30

11/09/2025 Ineteconomics Analysis

Since 2007, recurring food-price spikes reveal hunger as a problem of market design and underinvestment, not scarcity. With Brazil’s COP30 on the horizon, aligning climate commitments with food systems could cement policy space to manage markets and advance the right to food.

What to know as hundreds of flights are grounded across the US – an air travel expert explains

11/07/2025 The Conversation USA

Passengers walk through the Ronald Reagan Washington National Airport on Nov. 7, 2025. Anna Moneymaker/Getty ImagesMajor airports across the United States were subject to a 4% reduction in flights on Nov. 7, 2025, as the government shutdown began to affect travelers.

Elon Musk’s latest power grab: Will Tesla’s CEO become the world’s first trillion-dollar employee?

11/07/2025 Ineteconomics Analysis

Elon Musk secured shareholder approval for a new stock-based package designed to double his voting power at Tesla, potentially making him the first trillion-dollar employee. As this plan cements Musk’s control it ties vesting to audacious market-cap and production targets and diverts focus from progressive value creation. Musk’s governance, layoffs, and politicization could imperil Tesla’s EV leadership and ambitions in AI and robotics.
Elon Musk is, once again, taking stock

National 211 hotline calls for food assistance quadrupled in a matter of days, a magnitude typically seen during disasters

11/07/2025 The Conversation USA

Sharp spikes in calls for food assistance are rare outside of natural disasters. AP Photo/Eric GayBetween January and mid-October 2025, calls to local 211 helplines from people seeking food pantries in their community held steady at nearly 1,000 calls per day.

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