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It must not be easy being a rating agency. Where corporate debt is concerned, the major credit rating agencies (“CRAs”) are said to be too slow and lagging the market. When the topic is structured finance, the agencies are said to inflate ratings to attract business. And when the subject is...
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The paper discusses the most noteworthy measures taken or yet to be taken by the EU to combat the coronavirus crisis …. Basically, the measures fall into four categories: (i) flexible application of EU rules that could hinder member states in their … strenuous efforts to save their national economies; (ii) a financial support package put in place by the EU itself, (iii …
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The European Commission (EC) has long intended to play a leadership role in setting a pan-European competition policy; yet, both centralized and decentralized tendencies have been manifest in the European context for competition policy. It is not clear the whether these leadership intentions...
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on the lending markets in the five major EU countries as well as, for comparison, the UK, the US and Japan. Bearing the …, whereas overall loan markets in Germany and Spain were among the best competitive in the EU. The Netherlands occupied a more …
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