Mario Centeno, a member of the Governing Council of the European Central Bank (ECB), told colleagues that it was highly likely that the consequences of excessive tightening for the European labor market could be rapid during the recovery of the economic system of the region.
The President of the European Central Bank, Christine Lagarde, said that officials of this financial institution may soon review their portfolio of so-called pandemic bonds worth €1.7 trillion ($1.9 trillion) and change their position on how long they will replace securities with maturity.
In the Eurozone, the inflation rate has fallen to the lowest level in more than two years.
The European Central Bank (ECB) is currently as close as possible to launching a digital euro.
Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.
The increasing pressure to cut all ties with Moscow has finally boosted the efforts of Raiffeisen Bank International (RBI) to transfer its Russian arm to shareholders
UBS Group will buy Credit Suisse Group for 3 billion Swiss francs ($3.23 billion) in a historic deal backed by Swiss authorities, as problems in the global banking sector persist
The European Central Bank (ECB) has announced its plans for a step-by-step rollout of a digital euro CBDC. The final realisation phase may come later this year
The European Central Bank plans to conduct targeted reviews and inspections due to the identification of shortcomings in the digital transformation strategies of banks.
The Bank for International Settlements has published a plan for the development of its network of innovation hubs for 2023, which, among other things, provides for active monitoring of stablecoins on an ongoing basis.
January 2023 euro area bank lending survey by European Central Bank (ECB) revealed significant tightening in credit standards for all loan categories along with subdued business loan demand
Christine Lagarde said that the European Central Bank will take all necessary measures to return inflation to the target of 2%.
The European Central Bank is exploring the prospects of creating a digital euro mobile application.
European Central Bank (ECB) has conducted “Study on the payment attitudes of consumers in the euro area (SPACE) 2022”, revealing the growth of contactless card payments in the EU
The European Central Bank found out that the demographic factor determines consumers’ payment preferences.
For the first time in two months, inflation in the Eurozone was less than 10%. The preliminary consumer price index in the single euro area increased by 9.2% year-on-year in December. This figure in November was 10.1%. In October, the index was a record, its value was equal to 10.6%. Experts predicted inflation in the […]
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