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Europe Daily Bulletin No. 13140

14 March 2023
Contents Publication in full By article 21 / 25
NEWS BRIEFS / Banks
Paolo Gentiloni rules out risk of contagion after two US bank failures

13/03/2023 (Agence Europe)We don’t see a specific risk of contagion” directly in the European Union, said the EU Commissioner for Economy, Paolo Gentiloni, when asked about the recent failures of Silicon Valley Bank and Signature Bank on Monday 13 March upon his arrival at the Eurogroup. He noted the decision of the US authorities this weekend to provide a federal guarantee to these two banks involved in financing US start-ups in order to avoid any financial panic in the US....

Contents

ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
Russian invasion of Ukraine
SECTORAL POLICIES
INSTITUTIONAL
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
NEWS BRIEFS