Not exact matches
The ECB's annual report on its work as the
euro zone's top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans, set aside provisions and choose when to grant credit,
among other
areas.
Germany, the biggest contributor to the bailout, is
among the
euro -
area nations reluctant to back such plan.
This would require that: the U.S. «miraculously» finds political harmony in Congress and solves its fiscal problems; that the
EURO area «magically» discovers political unity
among 17 countries; that Japan suddenly emerges from a decade of no growth; and that China, finally embraces a non-intervention exchange rate system and adopts policies to promote consumption led growth.
A mere six billion
Euros is earmarked for tackling unemployment
among young Europeans in countries under the greatest economic strain, and around eighty billion is deemed enough to bolster research and innovation — an
area in which Europe lags behind other parts of the world.