Articles on the economy
Solvency II regulation has just come into effect in the EU. This was a necessary change, but its timing is awkward for insurance undertakings, as the current low interest rates and economic uncertainty are placing a strain on their solvency.
Realisation of potential housing market risks would simultaneously increase loan and investment losses while also pushing up the price of funding.
The financial difficulties of small and medium-sized enterprises in the euro area are easing gradually. In Finland, financing costs are increasing slightly.