📝EBF Morning Brief - Thursday 13 February 2025: Inflation and interest rates tracker: see how your country compares

EBF MORNING BRIEF Thursday 13 February 2025

FROM THE MEDIA

Financial Times: Inflation and interest rates tracker: see how your country compares

The Financial Times provides an interactive tracker comparing inflation and interest rates across different countries. Read more.

The Banker: Emerging markets to drive green bond issuance amid global slowdown

Emerging markets are expected to lead the growth in green bond issuances despite a global economic slowdown, according to The Banker. Read more.

MLex: Seven EU countries taken to court over failure to implement non-performing loans rules

The European Commission has referred seven EU member states to the Court of Justice for not implementing rules on non-performing loans, reports MLex. Read more.

Politico: Brexit reset tested as Brussels and London fight about finance

Recent regulatory decisions by UK authorities have strained the improving relationship between Brussels and London, writes Politico. Read more.

EVENTS

Thursday 13 February

Deutsche Bundesbank: When appearances are deceptive: The work of the National Analysis Center for Counterfeit Money. Bundesbank Forum

Deutsche Bundesbank ‘The German financial system after the rise in interest rates: What risks are there now? – Presentation of the Financial Stability Report 2024 Forum Bundesbank’

EIB Group day in Paris – event

EBA: Board of Supervisors meeting

Friday 14 February

Eurostat: Flash estimate GDP and employment – EU and euro area (Q4/2024) – data release

Eurostat: Business registrations and bankruptcies (December 2024 & Q4/2024) – data release

Council Working Party on Tax Questions – Direct Taxation

Council Working Party on Financial Services and the Banking Union (Banking Union)

ECB: Securities issues statistics (Jan. 2025) – data release

UPCOMING EBF EVENTS

Exploring Basel III/IV: Scenarios for Financial Stability and Growth - March 5 at 4 PM

The implementation of the Basel III/IV capital reforms has become a political issue while banks are in the final straight. The balance between financial stability and competitiveness has taken over priority at a time when international relationships are being redefined. The US administration is re-evaluating its approach to the reforms, while, the UK has postponed the start of their adoption to 2027. Register to attend here

European Money Week - March 18 at 9 AM

Join us at the EBF Premises for the 11th edition of European Money Week, themed "From Financial Literacy to European Legacy: Building Financially Resilient Generations." This year's event highlights the importance of equipping citizens with the knowledge and skills necessary for a stronger financial future. Read more and register here

FROM EBF

EU and UK Industry Joint Statement in Support of the EU-UK Financial Regulatory Forum

Representatives from thirteen EU and UK industry associations gathered in Brussels today to exchange on key topics for the financial services sector such as markets, financial stability, sustainable and digital finance. This informal industry roundtable comes one day before the EU-UK Financial Regulatory Forum – a much-valued dialogue between EU and UK regulators on regulatory changes, promoting collaboration on financial stability, sustainability, and digitisation. EU and UK associations support a more ambitious and transparent dialogue between their regulators to help strengthen the region’s position in global financial governance. Read the full statement

Slawomir Krupa Has Been Elected Our New EBF President

The European Banking Federation (EBF) has announced the election of Mr. Slawomir Krupa as its new President. Mr. Krupa, CEO of Société Générale, will officially assume the role on 1 March 2025. He succeeds Christian Sewing, CEO at Deutsche Bank, who will conclude his two-year term at the end of February. Read more

New EBF Position Paper! Simplification of the EU Sustainable Finance Framework Omnibus Legislative Proposal Proposal

The omnibus simplification initiative of the EC is an opportunity to refocus on the core elements that are needed to achieve the EU environmental objectives. It is a logical step in the context of the EC’s policies and initiatives outlined in the recently published competitiveness compass. Europe’s global competitiveness and climate goals can and should go hand in hand. Read more

EBF Vacancy! Work with us! Deadline: 14 February

Visit our Vacancies page to learn more about the EBF Events Trainee opening. Read more

FROM EBF MEMBERS

Finance Latvia: Number of Investors in Latvia Grew by 46% in 2024

Latvia saw a 46% increase in investors last year, with a notable rise in interest among young people. Read more (LV).

Association of Banks in Bulgaria: Bulgaria Joins European Money Quiz 2025

The Association of Banks in Bulgaria, in collaboration with the Association of Economic Schools, will participate in the European Money Quiz for the first time. Read more.

French Banking Federation: 37th Household Credit Observatory – Slight Increase in New Credit Intentions

FBF reports a slight rebound in household credit demand for the first half of 2025. Read more (FR).

FROM THE INSTITUTIONS

European Commission: Measures to enhance EU competitiveness and productivity

The European Commission has proposed new initiatives to strengthen the EU’s long-term competitiveness and productivity, focusing on digitalization and sustainable growth. Read more.

European Central Bank: Economic Bulletin article on financial fragmentation in the euro area

The ECB analyzes financial fragmentation risks in the euro area, emphasizing the need for deeper capital markets integration to support economic resilience. Read more.

European Securities and Markets Authority: Birgit Puck appointed Chair of Markets Standing Committee

ESMA has appointed Birgit Puck as the new Chair of its Markets Standing Committee, responsible for shaping market regulations and supervision in the EU. Read more.

ABOUT THE EUROPEAN BANKING FEDERATION

The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu

European Banking Federation