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Francesco Guarascio

reuters.com

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  • EU investment bank cut lending by 20 percent, prepares for Brexit
    29 Jan 2019—reuters.com
    BRUSSELS (Reuters) - The European Investment Bank, the EU’s lending institution, cut lending by nearly 20 percent last year and plans to keep financing at a similar level in 2019 at around 60 billion euros ($69 billion), the EIB president said on Tuesday. FILE PHOTO - European Investment Bank President Werner Hoyer speaks during a joint news conference with European Commission President Jean-Claude Juncker at the EC headquarters in Brussels, Belgium, July 18, 2018. REUTERS/Yves Herman The...
  • ECB moves to revoke license of Malta's Pilatus Bank: sources
    16 Oct 2018—Reuters
    BRUSSELS (Reuters) - The European Central Bank has reached a preliminary decision to revoke the license of Malta’s Pilatus Bank after its chairman was charged with money laundering, two ECB officials told Reuters, though legal hurdles remain. The bank was accused of processing corrupt payments for the Azeri and Maltese leadership by investigative journalist Daphne Caruana Galizia, who was killed a year ago by a car bomb in Malta(tinyurl.com/yd8nmmap). Serious gaps have since been found in the...

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