Cross-border claims contracted by $1.1 trillion from Q1 to Q2 2020. The year-on-year growth rate dropped from 10% at end-March to 5% at end-June 2020. Interbank claims, which had surged in the first quarter, fell sharply, driving the overall contraction.
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Ahead of the 30th anniversary of the Charter of Paris for a New Europe, opening speakers of an online OSCE Security Days event commemorating this historic document called on States to revive the spirit of the 1990 Paris Summit in overcoming today’s challenges, distrust and heightened tensions in European security. “The era of confrontation and division
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