RT @FrankElderson: Join me in turning off the lights for #EarthHour at 20:30 CET today! By supporting this global movement, we’ll raise awareness about the importance of climate action.
Want to know what the @ecb is doing to tackle climate change? Read our climate web page https://www.ecb.europa.eu/ecb/climate/html/index.en.html
RT @FrankElderson: We’ve taken key steps to align our portfolios with Paris Agreement goals, but our disclosures show there’s a long way to go. We must continue finding ways to deliver on our climate goals as we adapt to a new economic landscape. #TheECBblog @Isabel_Schnabel https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog.230324~f417b719fd.en.html
For the first time, the ECB is disclosing the carbon footprint of its financial asset holdings.
In #TheECBblog, @FrankElderson and @Isabel_Schnabel review our progress and look into how we can ensure we are in line with the goals of the Paris Agreement https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog.230324~f417b719fd.en.html
Watch live at 16:00 CET: Chief Economist Philip R. Lane discusses the post-1973 currency regime and inflation experiences at a conference organised by the Peterson Institute for International Economics.
Follow live https://www.youtube.com/watch?v=LeUWEmBRoEE
RT @FrankElderson: These climate-related financial disclosures show the progress we’ve made so far in decarbonising our portfolios and the way we still have to go.
They’ll become a powerful tool for monitoring progress towards our overall climate objectives ⬇️
🧵We’ve published our first climate-related financial disclosures.
They provide information on the carbon footprint of euro area central banks’ corporate sector holdings and our own investment portfolios.
Press release https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230323~05efc3cf49.en.html
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RT @BIS_org: Watch the #BISInnovationHub Eurosystem Centre opening event, with Agustín Carstens, @Lagarde, @bundesbank_prsd, François Villeroy de Galhau, Pablo Hernández de Cos, @makhloufgabs and others
@ecb @banquedefrance @bundesbank @BancoDeEspana @centralbank_ie https://www.bis.org/events/230328_ih_eurosystem_opening.htm
🧵 A string of shocks has created uncertainty for economies around the world, says Executive Board member Fabio Panetta.
The effects of some of these shocks are starting to unwind, but it may take some time for volatility to subside.
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230322_2~af38beedf3.en.html
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How did euro area current account balance evolve in January? 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.bp230322~a5ff22d9b7.en.html
President Christine @Lagarde gives a speech "The path ahead" at the ECB and its Watchers Conference in Frankfurt https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230322~306119d102.en.html
There is no direct parallel between US and euro area events, says Andrea Enria at an exchange of views before the ECON Committee. The banks we supervise do not have the same extreme exposure to interest rate risk as those with “SVB” business models.
More https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp230321_1.en.html
Watch live at 16:30 CET: Supervisory Board Chair Andrea Enria is to take part in an exchange of views alongside José Manuel Campa, Chair of the European Banking Authority, before the @europarl_en Committee on Economic and Monetary Affairs.
The strength of banks’ balance sheets has been crucial in weathering the turbulence of the past few weeks, Andrea Enria tells ECON Committee members. In recent years, banks have remained resilient and navigated the changing macroeconomic environment.
More https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp230321.en.html
Watch live at 14:30: Supervisory Board Chair Andrea Enria is to speak before the @europarl_en Committee on Economic and Monetary Affairs and answer questions from its members.
Follow the live webcast https://multimedia.europarl.europa.eu/en/webstreaming/econ-committee-meeting_20230321-1430-COMMITTEE-ECON
Our Annual Report on supervisory activities shows ECB Banking Supervision remained agile, consistent and prudent in 2022 as banks faced a challenging environment marked by the tail end of the pandemic, Russia’s war in Ukraine and rising interest rates.
The fight against racism is everyone’s fight.
Today, on the International Day for the Elimination of Racial Discrimination, we are united in our commitment to stand up to any kind of discrimination, prejudice or intolerance, and to actively #FightRacism.
Tune in tomorrow at 14:30 and 16:30 CET to watch Supervisory Board Chair Andrea Enria speak before the @europarl_en Committee on Economic and Monetary Affairs.
Lagarde: Inflation has come down from its peak in October, owing to a sharp drop in energy prices, and stood at 8.5% in February. Inflation excluding energy and food has continued to increase, reaching 5.6% in February.
Live now: President @Lagarde speaks before the Committee on Economic and Monetary Affairs of the @europarl_en and answers questions from its members.
Follow here https://multimedia.europarl.europa.eu/en/webstreaming/committee-on-economic-and-monetary-affairs_20230320-1500-COMMITTEE-ECON @EP_Economics
Tune in at 15:00 CET to watch President Christine @Lagarde speak before the Economic and Monetary Affairs Committee of the @europarl_en and answer questions from its members.
Follow the webcast here https://multimedia.europarl.europa.eu/en/webstreaming/committee-on-economic-and-monetary-affairs_20230320-1500-COMMITTEE-ECON @EP_Economics
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