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The project to build up a banking union in Europe was launched in summer 2012. Thereafter the progress has been fast. Single Supervisory Mechanism will embark on November 1, 2014. A decision on the Single Resolution Mechanism was made in Spring 2014. It should be up and running as of the...
Persistent link: https://www.econbiz.de/10012037646
A Central Counterparty (CCP) is an entity that interposes itself between transacting counterparties – a seller vis-à-vis the original buyer and a buyer vis-à-vis the original seller – to guarantee execution of the transaction. Thus, the original transacting parties substitute their...
Persistent link: https://www.econbiz.de/10005419682
In order to shed light on the consequences of the ongoing financial crisis, ETLA conducted two surveys at the end of October 2008. The firm survey targeted firms employing at least 10 persons in Finland (2,017 observations with a response rate of 33%) and the consumer survey targeted...
Persistent link: https://www.econbiz.de/10010273038
Keskuspankit ovat perinteisesti laskeneet liikkeeseen seteleitä yleisön käytettäviksi. Digitalisaation myötä setelit alkavat olla teknisesti vanhentunut maksuväline, ja jotkut keskuspankit ovat harkinneet vähittäismaksamiseen soveltuvaa elektronista keskuspankkirahaa. Elektroninen...
Persistent link: https://www.econbiz.de/10012148920
In order to shed light on the consequences of the ongoing financial crisis, ETLA conducted two surveys at the end of October 2008. The firm survey targeted firms employing at least 10 persons in Finland (2,017 observations with a response rate of 33%) and the consumer survey targeted...
Persistent link: https://www.econbiz.de/10003769932
export market performance over the last few years is linked to the deterioration of profitability of production in Finland. A … profitability. Wage moderation is necessary for this to happen. On the other hand, the determinants of Finland’s long …
Persistent link: https://www.econbiz.de/10012037629
Postal service volumes have diminished and the profitability of postal and courier activities has weakened in Finland … in recent years. The study evaluates the development of the service volumes, profitability and employment of postal and … distribution volumes. The profitability of postal services is not expected to improve until 2020 because the increasing unit costs …
Persistent link: https://www.econbiz.de/10012037638
’s profitability with the universal service obligation and without it. The data suggest that the provision of universal letter services … in compliance with the law causes a notable financial burden for Itella. The profitability of the universal service …
Persistent link: https://www.econbiz.de/10012037639
associated with better firm profitability in low-tech industries. Participating in a national cluster may be associated with …
Persistent link: https://www.econbiz.de/10010273044
The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … profitability in opposite directions. In this analysis both problems are avoided by using firm-level Financial Statement Statistics … sources of industry-level profitability changes have been examined over a long-run period. The findings provide support to the …
Persistent link: https://www.econbiz.de/10010273073