Euro zone periphery banks vulnerable to Grexit
European banks are better positioned to weather a Greek euro exit because their financial strength has improved in the past three years, while funding markets are less likely to freeze, Moody’s Investors Service said.
But banks in periphery European countries such as Cyprus, Ireland, Italy, Portugal and Spain remain the most vulnerable to a funding shock due to weaker balance sheets.
The risk of restricted market liquidity has diminished because gradual economic growth...
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year
Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
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A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures