European Central Bank @ecb@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
RT @FrankElderson: It was a great pleasure to give a lecture today at Utrecht University. I talked about the challenges arising from the climate and environmental crises, while outlining what we’re doing at the @ecb to address them.
Thanks to @UniUtrecht for the opportunity! https://t.co/7Gyq3NsXY6
Banks need diversity in their boardrooms, Supervisory Board member Anneli Tuominen tells Expansión. Complementary skills, specialist knowledge, quality debates and the best possible data are crucial for effective management.
Banks should improve their early-stage client analysis and their monitoring of forborne exposures. They should also work towards ensuring they always grant the most appropriate and sustainable forbearance measures.
Read our Supervision Newsletter https://www.bankingsupervision.europa.eu/press/publications/newsletter/2023/html/ssm.nl230517_1.en.html?utm_source=ecb_twitter&utm_medium=social&utm_campaign=230517_basu_newsletter_may_2023&utm_term=Forbearance%3A+banks+need+to+gear+up
Some banks have made good progress on digitalisation, but bringing together all elements of the digital transformation can be difficult. ECB inspections confirm that clearly defined goals help banks navigate the digital transition more effectively https://www.bankingsupervision.europa.eu/press/publications/newsletter/2023/html/ssm.nl230517_3.en.html
Slides by @Isabel_Schnabel: Monetary and financial stability – can they be separated? https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp20230519_annex~abdfdcad07.en.pdf
Monetary and financial stability can be separated if the main concern is liquidity rather than solvency, says Executive Board member @Isabel_Schnabel.
A well-regulated financial sector enables central banks to focus on their price stability mandate https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230519~de2f790b1c.en.html
RT @Isabel_Schnabel: Looking forward to tomorrow's conference on financial stability and monetary policy in honour of Charles Goodhart. I will give a speech on "Monetary and financial stability – can they be separated?" and will then join the great panel below. Join the livestream for the panel! https://t.co/N5Guvuk8bb
Register now and follow live from 18:00 CET/17:00 BST: Executive Board member @Isabel_Schnabel joins a panel at the Conference on Financial Stability and Monetary Policy in the honour of Charles Goodhart @FMG_LSE @LSEnews https://lse.zoom.us/webinar/register/WN_Yet1q4qVS-uv502D8tPh4g#/registration
RT @FMG_LSE: ✔️ Online policy panel on financial stability and monetary policy: Friday 19th May, 5-6.15 BST.
🗣️ Speakers: Mervyn King (@LSEnews), Isabel Schnabel (@ecb),…
Sometimes, insiders anonymously leak @ecb monetary policy information to the media. But what impact do these leaks have?
#TheECBblog takes a closer look at when they happen and how they affect markets.
Read the post https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog.230519~795de9b929.en.html
Public expenditure varies across the euro area but social protection accounts for the biggest share in all countries, our #EconomicBulletin shows.
The allocation of public resources is increasingly important and the availability of relevant data is crucial https://www.ecb.europa.eu/pub/economic-bulletin/html/eb202303.en.html#toc21
Consumer goods prices increased significantly over the last two years due to a sharp rise in producer prices.
Our #EconomicBulletin discusses indicators that help us assess the impact of producer price pressures on euro area consumer price inflation https://www.ecb.europa.eu/pub/economic-bulletin/html/eb202303.en.html#toc19
The energy shock has played a relatively minor role in slowing down euro area export growth but may have had greater impact in more exposed sectors.
Structural changes in energy costs may further harm euro area competitiveness, our #EconomicBulletin shows https://www.ecb.europa.eu/pub/economic-bulletin/html/eb202303.en.html#toc17
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/eb202303.en.html
Supervision expert Fernando Restoy explains how our Supervisory Review and Evaluation Process can be improved. He describes ways to redefine scoring, focus on qualitative measures and modify the approach to calculating the Pillar 2 Requirement.
Read more https://www.bankingsupervision.europa.eu/press/publications/newsletter/2023/html/ssm.nl230517.en.html
The recent market turbulence demonstrates the importance of fully implementing our regulatory framework for banks, says Vice-President Luis de Guindos. An incomplete banking union is still a weakness in the EU’s institutional architecture.
Read the speech https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230517_1~5747dc857a.en.html
We can’t wait to take part in Europa-Fest in our home town of Frankfurt on Friday, 19 May!
Curious about the EU, ECB, price stability or banking supervision? Visit our stand with @eiopa_europa_eu on the Mainkai, near Römer.
More details in German https://www.frankfurt-tourismus.de/Media/Veranstaltungen/Europa-Fest-2023-Europe-is-yours#/eventDate/6e02ad44-5b87-494b-bc2d-9a42ef7b00eb
RT @FrankElderson: No one should feel they have to hide their identity when they go to work. Diversity and tolerance are core European values. And at the @ecb, we stand for equality, inclusivity and respect for all, no matter who you are, whom you love or how you identify.
Happy #IDAHOBIT2023! 🏳️🌈 https://t.co/4IiiNWeAz7
RT @FrankElderson: It was great to take part in the #BeyondGrowth Conference. I spoke about the relevance of GDP in the @ecb’s work and the need to complement it with other indicators to reach our policy objectives. Thanks to my co-panellists for the discussion, and to @europarl_en for organising. https://t.co/aRwzar6vAD
People should be able to be their true selves in all areas of their life, including work.
To mark #IDAHOBIT2023🏳️🌈 we’re raising our rainbow flags as a sign of support for the LGBT+ community. #IDAHOBIT
We can streamline the Supervisory Review and Evaluation Process. Supervision expert Fernando Restoy describes how in our latest Supervision Newsletter. This edition also looks at forbearance practices, digitalisation and foreign exchange settlement risk.
https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/html/index.en.html
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
