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“Running around on cocaine”: Analysts unveil fragile foundations of Russian wartime growth
26 Jan 2025 20:22 GMT
… of the US and key European nations. Unemployment hit a record … crisis as “a wave of toxic debt” accumulates, potentially collapsing the banking …
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Putin lauds the strength of Russia’s war economy. Others see a mirage
26 Jan 2025 05:39 GMT
… States and all major European economies. Unemployment is at … spite of everything,” outstripping Europe and the US.
Economic growth … banks with “a wave of toxic debt.”
Savers’ jitters
Kennedy’s … scholar at the Center for European Policy Analysis, have also …
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Non-performing loans in Portugal have one of the biggest reductions in Europe
15 Apr 2024 22:01 GMT
… was one of the European countries with the best … Portugal was one of the European Union countries that contributed … toxic assets.
Compared to the previous quarter, the amount of NPLs in Europe … the countries in the European Union increased or stabilized …
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UBS hit by old toxic debt costs ahead of ‘hard’ Credit Suisse task
25 Apr 2023 11:20 GMT
… to lower-margin products.
OLD TOXIC DEBT
UBS was an issuer and … waiting for formal approval from European antitrust regulators after getting an … light earlier this month. The European Central Bank is also expected …
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UBS hit by old toxic debt costs ahead of 'hard' Credit Suisse task
25 Apr 2023 05:00 GMT
Problem debt dates back 15 years to financial crash
UBS expects to close C. Suisse deal by 2Q, possibly May
CEO warns of 'hard' task of integrating Credit Suisse
ZURICH, April 25 (Reuters) - UBS (UBSG.S) said on Tuesday it had set aside more money …
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Government bonds held at banks may be so-called ‘toxic asset’ of next financial crisis, fund manager says
14 Mar 2023 18:27 GMT
… government bonds would be the “toxic asset” at the center of it … two scenarios being entertained by European global investment manager Eric Sturdza …
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NGO Shipbreaking demands EU Action on ship recycling amid stark reality of 2023 figures
01 Feb 2024 12:44 GMT
… for the extension of the EU Ship Recycling Regulation to include … such as cancer.
“The EU shipping sector is not being … dwarfed by the amount of European tonnage beached in South Asia … Group Monaco also sold their toxic assets for scrapping on South Asian …
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'Toxic assets'
06 May 2022 18:15 GMT
… ,” he responded, “where are you — Europe? I’m in Moscow. Please … to get rid of our toxic assets. Nobody was even thinking about … Khudaverdyan was sanctioned by the EU, the company is having problems … company on the American and EU sanctions lists. If we don …
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EXCLUSIVE-ECB prepares 'bad bank' plan for wave of coronavirus toxic debt - sources
10 Jun 2020 05:38 GMT
LONDON/FRANKFURT (Reuters) - European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of the coronavirus outbreak, two people familiar with the matter told Reuters.
FILE …
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News24.com | WATCH | ECB prepares 'bad bank' for wave of toxic debt - sources
11 Jun 2020 16:15 GMT