ECB Concerns Over Tax’s Impact The European Central Bank (ECB) has raised concerns about Italy’s proposal to impose a windfall tax on banks. The ECB argues that this tax could…
Tag: Finance
The rate of inflation has increased slightly to seven percent in countries that use the euro currency.
In April, inflation in the 20 European countries using the euro currency increased to 7%, putting more pressure on households and prompting the European Central Bank (ECB) to consider another…
Bank of Canada Holds Interest Rates Steady, Bringing Stability for Newcomers and their Future Finances
The Bank of Canada (BoC) announced on April 12 that it would maintain its interest rate at 4.5 percent. Since this rate has remained unchanged since January of this year,…