ECB: Financial stability vulnerabilities have eased, but the outlook remains fragile
Istanbul, May 18 (HNA) – Euro area financial stability conditions have improved as recession risks decline. Still, the European Central Bank (ECB) said in the latest report that markets remain…
COP28 – The world must move away from fossil fuels
Ersin Arslan / Istanbul, December 13 (HNA) – According to a new draft agreement at the COP28 Climate Summit, the world must move away from fossil fuels. Organisers of the…
EBRD to offer climate resilient debt clauses in sovereign, municipal loans
Istanbul, December 5 (HNA) – The European Bank for Reconstruction and Development (EBRD) will include climate resilient debt clauses (CRDC) in new loan agreements with sovereign, sovereign-guaranteed and municipal clients…
VENIS STUDIOS: The Reborn of Historic Culture Heritage to life in Art Doctors’ hands
Istanbul, December 2 (HNA) – Venizelos G. Gavrilakis, President of VENIS STUDIOS and his wife Vaia A. Karagianni Head Director of VENIS STUDIOS, brings to life the witnesses of culture…
IMF: The CBDCs could pose risks if not appropriately designed
London, November 21 (HNA) – Central bank digital currencies (CBDC) can improve payment systems as well as financial inclusion—if they are appropriately designed, stated the International Monetary Fund (IMF), warning…
Tether freezes 225M in stolen USDT linked to international crime
London, November 20 (HNA) – Tether, one of the leading companies in the cryptocurrency ecosystem, and global crypto exchange and Web3 technology company OKX, announced on Monday that they have…
CBRT: The interest rate on credit card cash utilization raised to 2.89 pct.
Istanbul, July 25 (HNA) – Central Bank Of Turkey (CBRT) raised the monthly maximum interest rate applied to credit card cash utilization and overdraft accounts to 2.89 percent from 1.91…
UK to financially support Türkiye’s electric HSR construction by €781 million
Istanbul, July 24 (HNA) – UK Export Finance (UKEF), the UK government’s export credit agency, has provided €781 million of financing, equivalent to £680 million, to support the construction of…