The resilience of Central and Eastern European in the face of global economic slowdown is on its way towards eroding. Until now, many countries have maintained their growth thanks to vibrant domestic economies. However, pressure on the region’s economies has greatly increased as the euro zone has stagnated and the repercussions of the international financial and credit market crisis intensify. SEB’s October 2008 issue of Eastern European Outlook adjusts earlier overall growth forecasts downward. “Because of intensified global financial stress, the global economic outlook has become even gloomier just in the past month. This will have unavoidable consequences for central and eastern Europe as well, especially since the financial crisis has also reached western Europe in earnest. In our new scenario, central and eastern Europe can no longer be viewed as a strong growth region, even though many countries are of course showing good growth compared to western Europe,” notes Mikael Johansson of SEB Economic Research, chief editor of Eastern European Outlook.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more