European Central Bank @ecb@respublicae.eu

This year we will conduct our first thematic stress test on cyber resilience to determine how well 109 banks we supervise would respond to and recover from a cyberattack.
The main findings will be communicated in the summer of 2024.
Press release
https://www.bankingsupervision.europa.eu/press/pr/date/2024/html/ssm.pr240103~a26e1930b0.en.html

🐦🔗: https://nitter.cz/ecb/status/1742471537007964625#m

[2024-01-03 09:02 UTC]

RT by @ecb: A new year has begun – full of new challenges and opportunities. This year, the euro celebrates its 25th birthday. Now there’s a reason to celebrate! So, with that, I wish you and your loved ones a happy new year, and a successful 2024.

🐦🔗: https://nitter.cz/Lagarde/status/1741932928228094208#m

[2024-01-01 21:22 UTC]

As the euro turns 25, it is an indispensable part of our daily life.
It offers us simplicity, stability and sovereignty.
In a joint blog post, Presidents of five European institutions reflect on the value of unity in a changing world
https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog231230~23675beac3.en.html

🐦🔗: https://nitter.cz/ecb/status/1741030047249797253#m

[2023-12-30 09:34 UTC]

Europe is overbanked compared with the United States, and a certain degree of consolidation is needed, says Supervisory Board member Elizabeth McCaul in an interview with
https://nitter.cz/capitalgr
.
Read the full interview
https://www.bankingsupervision.europa.eu/press/interviews/date/2023/html/ssm.in231228~a13443f9dd.en.html

🐦🔗: https://nitter.cz/ecb/status/1740281651576619390#m

[2023-12-28 08:00 UTC]

Wishing you all a joyful holiday season!

🐦🔗: https://nitter.cz/ecb/status/1738514788119183789#m

[2023-12-23 11:00 UTC]

Monetary policy has been a key factor in reducing inflation, as it has dampened demand and kept inflation expectations anchored, Executive Board member
https://nitter.cz/Isabel_Schnabel
tells
https://nitter.cz/SZ
.
Our mission is only accomplished if inflation falls sustainably to 2%
https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in231222~87559dac9a.en.html

🐦🔗: https://nitter.cz/ecb/status/1738183287376416960#m

[2023-12-22 13:02 UTC]

R to @ecb: @Isabel_Schnabel’s Interview in der @SZ auf Deutsch https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in231222~87559dac9a.de.html

🐦🔗: https://nitter.cz/ecb/status/1738183290538869098#m

[2023-12-22 13:02 UTC]

RT by @ecb: 2023 has been a year of constant challenge and continuous change.

As we look forward to the festive season, I wish you all a joyful holiday and a good start to 2024!

🐦🔗: https://nitter.cz/Lagarde/status/1738122216557236734#m

[2023-12-22 09:00 UTC]

Supervisory Board Chair Andrea Enria finishes his five-year term at the end of 2023. We recently held a farewell event to pay tribute to his work and wish him all the best for the future.

🐦🔗: https://nitter.cz/ecb/status/1737835314130084074#m

[2023-12-21 14:00 UTC]

Current interest rates will help bring inflation down to 2% if sustained for long enough, Vice-President Luis de Guindos tells 20 minutos.
Despite favourable data, it’s still too early for us to ease our monetary policy.
https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in231221~65b3a3b19b.en.html

🐦🔗: https://nitter.cz/ecb/status/1737737897749757971#m

[2023-12-21 07:32 UTC]

🧵In a seminar
https://nitter.cz/ESRIDublin
, Chief Economist Philip R. Lane discusses the outlook for the euro area.
Below are charts from his presentation showing data on headline inflation, compensation per employee and wages.
His complete slide deck is available here
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp231220~8574687d5d.en.pdf?26de415a433382718a3d1bf8efd94e82

🐦🔗: https://nitter.cz/ecb/status/1737512672768205084#m

[2023-12-20 16:37 UTC]

R to @ecb: Lane: The November flash estimate for inflation came in substantially lower than expected.

Headline inflation fell to 2.4 per cent from 2.9 per cent in October.

All of the main components of HICP contributed to the decline

2/3

🐦🔗: https://nitter.cz/ecb/status/1737512961160159610#m

[2023-12-20 16:39 UTC]

R to @ecb: Lane: Lower profits are beginning to absorb some of the inflationary effects coming from wage increases.

However, forward-looking wage trackers generally continue to signal still-high pressures

3/3

🐦🔗: https://nitter.cz/ecb/status/1737513115053391976#m

[2023-12-20 16:39 UTC]

How did the euro area current account balance evolve in October? 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.bp231220~4022215e42.en.html

🐦🔗: https://nitter.cz/ecb/status/1737398002766037499#m

[2023-12-20 09:02 UTC]

The overall SREP score is broadly stable at 2.6 (in a range of 1 to 4), with Pillar 2 requirements for Common Equity Tier 1 capital set at 1.2% on average.
While 70% of banks had the same score as in 2022, 14% scored worse and 15% better.
Press release
https://www.bankingsupervision.europa.eu/press/pr/date/2023/html/ssm.pr231219~e35067c504.en.html

🐦🔗: https://nitter.cz/ecb/status/1737027918507770255#m

[2023-12-19 08:31 UTC]

Watch live from 10:00 CET: In his final press conference as Supervisory Board Chair, Andrea Enria will present the results of the 2023 Supervisory Review and Evaluation Process, as well as the supervisory priorities for the next three years.
https://nitter.cz/i/broadcasts/1zqKVqnkYXwxB

🐦🔗: https://nitter.cz/ecb/status/1737032521127207295#m

[2023-12-19 08:50 UTC]

Risks and uncertainties are weighing on the current economic outlook.
Banks will need to address the challenges of tighter financing conditions, persistently high inflation and ongoing geopolitical tensions
https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp231219~421bbae836.en.html

🐦🔗: https://nitter.cz/ecb/status/1737036912001446138#m

[2023-12-19 09:07 UTC]

Emerging downside risks, including credit risk and fair value losses, are also reflected in the subdued market valuations of euro area banks.
This shows that investors are still sceptical about the long-term sustainability of banks’ elevated earnings
https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp231219~421bbae836.en.html

🐦🔗: https://nitter.cz/ecb/status/1737037537443471829#m

[2023-12-19 09:09 UTC]

European banks have solid capital and liquidity positions and improved profitability, the 2023 SREP results show.
At the same time, they need to step up in areas like risk management and governance
https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp231219~421bbae836.en.html

🐦🔗: https://nitter.cz/ecb/status/1737038495368049108#m

[2023-12-19 09:13 UTC]

The 2023 SREP results are broadly stable compared to 2022, and the average overall score is unchanged. The share of banks receiving the worst score has decreased, reflecting improvements in their business models and profitability risk, and capital adequacy
https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp231219~421bbae836.en.html

🐦🔗: https://nitter.cz/ecb/status/1737038763463758118#m

[2023-12-19 09:14 UTC]