Weaker growth and higher interest rates have already led to more non-performing loans in commercial real estate portfolios, says Supervisory Board Chair Claudia Buch.
This means banks need to have sound risk monitoring and sufficient provisions in place
https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.written_overview240513~073c63cbf9.en.pdf?4dd7e6aa8be34a3fdf9b4d5f777a7939=&utm_source=ecb_twitter&utm_medium=_targting&utm_campaign=240513_publication_may_2024
[2024-05-13 13:03 UTC]
Account of the monetary policy meeting of the Governing Council of the ECB on 10-11 April 2024
https://www.ecb.europa.eu/press/accounts/2024/html/ecb.mg240510~6505e9dac3.en.html
[2024-05-10 11:31 UTC]
Executive Board member Piero Cipollone: Digital Euro: Stocktake and next steps (slides)
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240510~4a0c22ce7b.en.pdf?a5917f7cd83dc263f14bf3c7a24697b8
[2024-05-10 07:37 UTC]
Executive Board member Piero Cipollone: Tokenisation of financial instruments and central bank money settlement (slides)
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240509~0a45ca25ac.en.pdf?20f1c4a37f4d2d7b7659a811355be72f
[2024-05-09 12:18 UTC]
Coming up at 14:15 CET: Executive Board member Piero Cipollone gives opening remarks at a seminar on the tokenisation of financial instruments, organised by the Italian financial markets regulator Consob.
Watch live (Italian only):
https://www.youtube.com/watch?v=tII2Iyzp0Y0
[2024-05-09 08:00 UTC]
R to @ecb: Read the blog post https://www.bankingsupervision.europa.eu/press/blog/2024/html/ssm.blog080524~d4ed83af2c.en.html
[2024-05-08 09:20 UTC]
Congratulations to Alain Busac who will join us in the coming months to take the helm of our Information Systems department.
We look forward to working together.
Press release
https://www.ecb.europa.eu/press/pr/date/2024/html/ecb.pr240507~be89874e87.en.html
[2024-05-07 15:59 UTC]
Strong employment growth amid weak economic activity has recently led to declining labour productivity.
https://nitter.privacydev.net/search?q=%23TheECBBlog
discusses causes and prospects for a cyclical recovery in productivity growth.
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240506~f9c0c49ff7.en.html
[2024-05-06 09:18 UTC]
Chief Economist Philip R. Lane talks to
https://nitter.privacydev.net/elconfidencial
about the current economic outlook and monetary policy.
Read the interview
https://www.ecb.europa.eu/press/inter/date/2024/html/ecb.in240506~3097f77978.en.html
[2024-05-06 06:10 UTC]
Did you know that our grandparents’ experiences can affect how we perceive future inflation?
Listen to
https://nitter.privacydev.net/search?q=%23TheECBPodcast
host Stefania Secola and researchers Dimitris Georgarakos and Geoff Kenny discuss the power of inflation expectations
https://www.ecb.europa.eu/press/tvservices/podcast/html/ecb.pod240426_episode83.en.html
[2024-05-03 13:08 UTC]
Banks need risk-related data to make sound decisions and govern risks. Our final guide spells out how we expect banks to effectively aggregate risk data and report on risks. It also clarifies supervisory expectations on banks’ capabilities in that area
https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.supervisory_guides240503_riskreporting.en.pdf?2fbf048f28be4fea86bd63a9d8705a81
[2024-05-03 09:12 UTC]
Do you know the impact that special purpose entities (SPEs) have on cross-border financial linkages of the euro area? Dive into our latest blog post to find out
https://data.ecb.europa.eu/blog/blog-posts/understanding-relevance-special-purpose-entities-across-euro-area
[2024-05-03 09:01 UTC]
R to @ecb: Check out our dashboard for more details https://www.ecb.europa.eu/stats/financial_markets_and_interest_rates/bank_interest_rates/mfi_interest_rates/html/index.en.html
[2024-05-03 08:06 UTC]
How did euro area bank interest rates evolve in March? How do they compare with February’s figures? Find out more in the press release
https://www.ecb.europa.eu/press/stats/mfi/html/ecb.mir2405~28cbf475b0.en.html
[2024-05-03 08:05 UTC]
In a speech at
https://nitter.privacydev.net/StanfordGSB
, Chief Economist Philip R. Lane reviews the monetary policy tightening cycle and discusses the next phase of reducing the level of restriction.
Read his speech
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240502~4066265c78.en.html
[2024-05-02 20:18 UTC]
Some banks deliberately reduce balance sheet items around reporting dates. Such “window dressing” camouflages the true risks of a bank, thus impairing markets and bank resilience.
https://nitter.privacydev.net/search?q=%23TheECBBlog
shows how regulators and supervisors are taking action
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog240502~aae1564b3d.en.html
[2024-05-02 09:07 UTC]
We’ve come a long way with inflation, but there is still work to be done, says Vice-President Luis de Guindos.
While we expect inflation to return to our 2% target next year, the outlook is surrounded by substantial risks
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240429~87c3a4f37f.en.html
[2024-04-29 20:31 UTC]
Soon you can choose who represents you in the
https://nitter.privacydev.net/Europarl_EN
for the next five years.
The ECB is democratically accountable to the public via the European Parliament. Our policymakers appear there regularly.
Watch this video by the European Parliament on why your vote is important
<p>
https://nitter.privacydev.net/Europarl_EN/status/1784870248459776064#m
</p>
[2024-04-29 13:57 UTC]
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.