ECB asks banks not to pay dividends until at least October 2020

ECB asks banks not to pay dividends or buy back shares during COVID-19 pandemic Recommendation concerns dividends for 2019 and 2020, at least until 1 October 2020 ECB expects banks to keep funding households, small businesses and corporations The European Central Bank (ECB) today updated its recommendation to banks on dividend distributions. To boost banks’ […]

COVID-19 and the impact and implications for the way people live and work across Europe and the globe

The outbreak of the Coronavirus COVID-19 across the globe is without precedent and has shaken people and societies at all levels. It is set to have a profound impact, with far-reaching implications for the way people live and work across Europe and the globe. Short-term effects, such as massive job losses in particular sectors, the […]