About: http://data.cimple.eu/news-article/000b93dbe2b9bc43b50b760b63874bbfdbce5d326ac768d851523518

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/000b93dbe2b9bc43b50b760b63874bbfdbce5d326ac768d851523518 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The European Central Bank on Thursday loosened capital buffer rules for banks to keep lending going during the coronavirus outbreak that has dealt a "significant shock" to the global economy. The ECB said it would allow banks to have capital buffers that are "temporarily below" levels currently required under the so-called Pillar 2 requirements. In addition, they will be allowed to partially use equity or liability instruments that normally do not qualify as the highest quality category of capital known as Common Equity Tier 1, to meet the requirements. Separately, the European Banking Authority said it was postponing the 2020 stress tests on banks to 2021. "The coronavirus is proving to be a significant shock to our economies. Banks need to be in a position to continue financing households and corporates experiencing temporary difficulties," said Andrea Enria, Chair of the ECB Supervisory Board in a statement. "The supervisory measures agreed today aim to support banks in serving the economy and addressing operational challenges, including the pressure on their staff." The eased rules will be particularly welcomed by Italian banks, which are under massive pressure as the country is now the worst-affected by the coronavirus outside China. Italy's government has announced a 25 billion euros ($28 billion) package to rescue the economy, with part of the cash injection aimed at helping small businesses that are suffering the brunt of an implosion in the number of tourists who visit the country. hmn/mfp/jh
schema:headline	ECB eases capital buffer rules for banks amid virus stress
schema:mentions	Nuclear weapon design European Central Bank Stock 2020 coronavirus outbreak in Italy Psychological stress Italy Virus China Coronavirus disease 2019 Andrea Enria European Banking Authority
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	93 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 2 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software