How did euro area current account balance evolve in December? How does it compare with the same month a year earlier? Find out more in the press release https://www.ecb.europa.eu/press/pr/stats/bop/2023/html/ecb.bp230217~e8af752234.en.html
Watch again Executive Board member Fabio Panetta speaking about monetary policy after the energy shock at an event with the @CER_EU and @EUdelegationUK in London.
Speech and Q&A here https://www.youtube.com/watch?v=cnQDuvuBt9E&t
Chief Economist Philip R. Lane provides an interim analysis of the interest rate hiking cycle in his Dow Lecture at the National Institute of Economic and Social Research.
Read the lecture https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230216_1~f8cf2cd689.en.html
Euro area firms reported a deterioration in corporate bond market conditions in our latest survey. Historically, this has led bond-issuing firms to take out bank loans, suggesting a worsening in bank lending conditions for smaller firms https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202301_07~78a838eb48.en.html #EconomicBulletin
Eurosystem and ECB staff projections have recently returned to their pre-pandemic levels of accuracy after they underestimated inflation in 2022, amid food and energy price shocks caused by the war in Ukraine. https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202301_06~df570a38fd.en.html #EconomicBulletin
The latest Economic Bulletin is out!
The Bulletin presents the economic and monetary information which forms the basis for our policy decisions.
Read more https://www.ecb.europa.eu/pub/economic-bulletin/html/eb202301.en.html
🧵 The energy shock and the reopening of the economy led to high inflation, says Executive Board member Fabio Panetta.
We have tightened our monetary policy to prevent inflation becoming entrenched and we now need a data-dependent approach
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230216~a297a41feb.en.html
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Coming up from 10:00 CET: Executive Board member Fabio Panetta will speak about monetary policy after the energy shock at an event with the @CER_EU and @EUdelegationUK in London.
Follow the speech and Q&A live https://www.youtube.com/watch?v=cnQDuvuBt9E
RT @CER_EU: 📅 Thursday 16 February,
📍 London
Fabio Panetta on ‘Monetary policy after the energy shock’
Chaired by DeAnne Julius, Chatham House
Organised by @CER_EU, @EUdelegationUK & @ecb Representation in Lon…
How much do you know about Croatia’s economy? And what about the steps the country had to take to adopt the euro?
Our host @KatieRanger_ and economist Martin Bijsterbosch explore these topics in the latest episode of #TheECBPodcast.
Listen here https://pod.link/1481819425/episode/9ccba45f90d0697f698ef8b5bd3393e4
Live now: President @Lagarde attends the @europarl_en plenary session on the ECB Annual Report for 2021.
Follow the webcast here https://www.europarl.europa.eu/streaming/?event=20230215-0900-PLENARY
Coming up at 10:00 CET tomorrow: Executive Board member Fabio Panetta will speak about monetary policy after the energy shock at an event with the @CER_EU and @EUdelegationUK in London.
Follow the speech and Q&A live https://www.cer.eu/events/discussion-monetary-policy-after-energy-shock-fabio-panetta-member-executive-board-european
RT @CER_EU: 📅 Thursday 16 February,
📍 London
Fabio Panetta on ‘Monetary policy after the energy shock’
Chaired by DeAnne Julius, …
Are the NextGenerationEU funds succeeding in making Europe’s economies stronger and more resilient? #TheECBblog looks at how the programme has been implemented so far and if it is delivering the desired results two years in.
Read more https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog.230215~4aad7004cf.en.html
Coming up from 14:00 CET: President Christine @Lagarde attends the @europarl_en plenary session on the ECB Annual Report for 2021. Follow the webcast here https://www.europarl.europa.eu/streaming/?event=20230215-0900-PLENARY
The @centralbank_ie's Deputy Governor, Sharon Donnery, explains how European banking supervision has evolved. The latest Supervision Newsletter also looks at macroeconomic changes, digitalisation and crypto-assets in banking https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/html/index.en.html?utm_source=ecb_twitter&utm_medium=social&utm_campaign=230215_basu_newsletter_feb_2023
We must incorporate climate change considerations into our policy framework and analyse their impact on our projections. In the #EconomicBulletin we take a first look at how climate-related policies affect the projection baseline for growth and inflation https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202301_05~d8e33ee7ac.en.html
More than 60% of euro area workers had never worked from home before the pandemic, shows our Consumer Expectation Survey. In our #EconomicBulletin we look at how preferences for remote working have changed over the last three years https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202301_04~1b73ef4872.en.html
RT @Lagarde: Pleased to meet @NBUkraine_eng Governor Andriy Pyshnyy to discuss the current economic situation in Ukraine. Your country’s resilience in the face of Russia’s unjustified war is extraordinary.
Roses are red
Violets are blue
We will stay the course
And return inflation to 2
#ValentinesDay ❤️🥰
Our Graduate Programme is open for applications!
We’re looking for 15 talented people with recent postgraduate degrees. We offer experience in different areas, a personal mentor and the chance to work as part of a multicultural team. Interested? Apply now https://talent.ecb.europa.eu/careers/JobDetail?jobId=7105
Due to energy shocks, producers in energy-intensive sectors substituted cheaper imports for domestic production in 2022. This change helped limit the negative impact of rising energy prices by maintaining the production of final products https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202301_02~8d6f1214ae.en.html #EconomicBulletin
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