ECB Reveals Euro Area Lending Trends
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
European Central Bank - page 3
ECB to Stay Course to Return Inflation to 2%
Christine Lagarde said that the European Central Bank will take all necessary measures to return inflation to the target of 2%.
ECB Contemplates Development of Digital Euro App
The European Central Bank is exploring the prospects of creating a digital euro mobile application.
60% of Card Payments in Europe are Contactless
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
Demographics Determine Payment Preferences
The European Central Bank found out that the demographic factor determines consumers’ payment preferences.
Inflation in Eurozone Fall to 9.5%
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 […]
ECB Executive Urges to Assimilate Crypto with Gambling
ECB board member Fabio Panneta suggests trading unbacked crypto assets should be regulated similarly to gambling
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