financial-stability

Lawmakers in Hungary also are weighing a so-called financial-stability law that would cement tax and debt policies—and require a two-thirds majority of the legislature to agree to future changes.

EU and IMF Break Off Talks With Hungary Gordon Fairclough 2011

Despite the bank levies and, in Germany, the salary caps, the perception is still that the cost to the taxpayer of bailing out the banks—estimated around 27% of euro-zone GDP by European Central Bank President Jean-Claude Trichet—still far outweighs the financial-stability benefits.

Latest European Tax Plan Is an Emotional Irrelevance Geoffrey T. Smith 2011

The EU and IMF also say the financial-stability law, which would set tax and debt policies, could limit the government's flexibility to negotiate budgetary requirements in any loan package.

Hungary Warned Against New Laws Gordon Fairclough 2011

As BOE financial-stability director Andrew Haldane noted in June, credit growth in some sectors is unsustainably low.

It's Hard to Go Easy on the Banks Simon Nixon 2011

The U.K. central bank warned in its latest financial-stability report that without an improvement in funding conditions for lenders, the U.K. risked experiencing a renewed credit crunch.

U.K. Banks Cautious on Credit Conditions Jason Douglas 2012

The IMF recommended—and most of the G-20 states appeared to agree—that there were better ways both to collect more revenue from the financial sector and to address the financial-stability issues raised by the crisis.

Latest European Tax Plan Is an Emotional Irrelevance Geoffrey T. Smith 2011

In its financial-stability report Dec. 1, the BOE said sovereign and banking risks emanating from the 17-nation euro area remain "the most significant and immediate threat" to U.K. financial stability.

BOE to Probe Bank-Pay Incentives Jason Douglas 2011

Alan Bollard said in a twice-yearly financial-stability report.

Asia-Pacific Economies Gird for Turbulence Farida Husna 2011

In one recent paper, he argued that banks' tendency to gorge themselves on short-term debt is a market failure that calls for financial-stability regulation.

Obama Picks Bipartisan Pair for Fed David Wessel 2011

The Treasury Committee said the new body should more explicitly monitor the performance of the BOE's management in performing its monetary-policy and financial-stability roles, arbitrate where there are conflicts between those two functions, and be more involved in setting and justifying the BOE's budget.

Calls for BOE to Change Paul Hannon 2011