Bloomberg Banks in Norway, Scandinavia’s most prosperous economy, are among the best capitalised in Europe thanks to rules that are considerably stricter than those recommended by the Basel Committee on Banking Supervision. Now, the bankers’ association in Oslo is hoping local authorities will ease Norwegian requirements after the Basel Committee sent out its completed framework last week. But Norwegian banks ...

Bloomberg Polish central bank Governor Adam Glapinski makes up in bravado what he lacks in evidence. Glapinski was unapologetic last week when confronted with figures that showed price pressures on the rise and inflation unexpectedly on target months earlier than forecast. In fact, Glapinski said the data “even reinforced” his conviction that the country’s longest-ever pause on interest rates can ...

Bloomberg India’s inflation surged past the central bank’s target, bolstering a view that interest rates may rise earlier than expected and offering little relief to battered bond markets. Consumer prices rose 4.9 percent in November from a year earlier as food and fuel costs surged, the Statistics Ministry said in a statement. That’s the fastest pace in 15 months and ...