Europe

EU regulators all set to introduce tougher stress tests for banks

European regulators are all set to introduce a tougher set of tests for the region's banks, as part of the efforts to prevent the recurrence of 2008-type economic crisis.

On Tuesday this week, the European Banking Authority (EBA) will introduce various crisis scenarios that the region's banks will have to prove they can endure without the help of taxpayer bailouts.

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Bulgaria emerges as best-value destination for bargain-hunting holidaymakers

Eastern European country Bulgaria is the best-value destination for bargain-hunting British holidaymakers, a newly published Post Office travel money survey suggests.

According to the Post office survey, a basket of ten typical holiday spending items, including evening meals and drinks, cost merely £43 in Sunny Beach, Bulgaria.

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Lack of suitable candidates affected employers’ ability to fill vacancies in March

Lack of suitable candidates is affecting employers' ability to fill vacancies in Scotland, according to a fresh report by the Bank of Scotland.

The jobs market kept on growing in March, albeit at a slower rate than the previous month. The Labour Market Barometer (LMB) also revealed that the number of people getting permanent jobs increased.

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Ryanair Has Some Catching up to Do

In September a huge wave of negative publicity came the way of Ryanair the Irish airline when a traveller was charged 188 euro for flight switch when his children and wife expired in a fire in their house. Ryanair apologised for the incident but dilemma of the inconsolable passenger angry with the supposed aloofness of the business form of the airlines created a negative impression among the people.

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EU Financial Chief Promises to Crackdown High-Frequency Traders

Yesterday the financial chief of Europe assured measures to tighten up on high-frequency trading firms.

Today the politicians of Europe are expected to endorse fresh measures to curb HFTs or the high frequency trading firms that use data connections which are super fast to generate profit from whereabouts in the prices of security.

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