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
Inflation is still clearly above our price stability target, so we have no choice but to act, Vice-President Luis de Guindos tells @lemondefr. By reducing inflation, we’ll contribute to growth.
Read the interview https://www.ecb.europa.eu/press/inter/date/2022/html/ecb.in221222~54ec2a74e3.en.html
We’ve revised the capital buffer floor for other systemically important banks - one methodology we use to review decisions by national macroprudential authorities. The new floor strengthens banks’ capacity to absorb losses and support the real economy https://www.ecb.europa.eu/pub/pdf/other/ecb.gc_statement_macroprudential_policy~37593639ea.en.pdf?edd9e217b8a0cb23447dea7f4848a6b2
Are you a PhD student in economics or finance? Apply for the Young Economist Prize by 13 February for the chance to present your research at the #ECBForum and win €10,000.
Read more about the application process https://www.ecb.europa.eu/pub/conferences/ecbforum/YE_competition/html/index.en.html
At the ECB, we support that you can always pay in the way that best suits your needs.
That’s why we work to guarantee that cash remains accepted and accessible, while also promoting innovation in payments.
Read all the findings from the study https://www.ecb.europa.eu/stats/ecb_surveys/space/html/index.en.html
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More than half of euro area consumers prefer to pay with card or other methods, but they still consider it important to have cash as an option
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🧵Cash remains the most used means of payment in stores but electronic payments have increased further according to our latest study
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Euro area monthly balance of payments (October 2022)
https://www.ecb.europa.eu/press/pr/stats/bop/2022/html/ecb.bp221220~a7086e9369.en.html
How is high inflation affecting people and businesses? Why are we raising interest rates? How will it help us bring inflation down to our 2% target?
Host @katieranger_ discusses these issues with press officer @Eva_M_Taylor on #TheECBPodcast.
Tune in https://pod.link/1481819425/episode/819cf72fa8783e89e8701b020f93c6cd
The banking sector is sound enough to handle the effects of rising rates on their balance sheets but must prepare for longer-term effects, write Vice-President Luis de Guindos and Supervisory Board Chair Andrea Enria in #TheECBBlog.
Read the post https://www.ecb.europa.eu/press/blog/date/2022/html/ecb.blog221220~c6210e3f0b.en.html
Rising costs and higher leverage are weakening the quality of European bank assets, says Supervisory Board member Elizabeth McCaul in an interview with @AmerBanker. External risks ranging from crypto-assets to climate change need tighter controls.
More https://www.bankingsupervision.europa.eu/press/interviews/date/2022/html/ssm.in221219~f5aa1b988c.en.html
Our new report on good practices gives banks examples of how to improve their climate stress testing. It supports them in meeting our expectations for managing climate-related and environmental risks.
RT @NewEconomyForum: 📢¡ Comienza #NEFonline!
🗣️ Conversamos con el Vicepresidente del @ecb, Luis De Guindos
🤝 @AsisaSalud y @solaria_energia
💻 Síguelo en directo👇
RT @Lagarde: Well done @equipedefrance for reaching the @FIFAWorldCup final again! You played an excellent tournament and can be proud of your achievements. And congratulations to Argentina for winning the title!🇦🇷
Croatia will adopt the euro on 1 January 2023. You can exchange up to
100 kuna banknotes and 100 kuna coins per transaction, free of charge.
Detailed terms of changeover https://www.ecb.europa.eu/euro/changeover/croatia/html/index.en.html
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates) https://www.ecb.europa.eu/press/govcdec/otherdec/2022/html/ecb.gc221216~a6ad68f5d7.en.html
After a thorough review, we have enhanced our code of conduct for high-level ECB officials to include further restrictions on private financial transactions.
The changes tighten our current rules, ensuring we continue to apply the highest ethical standards https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr221216~93f4c11548.en.html
Transcript with Q&A of yesterday’s monetary policy press conference https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is221215~197ac630ae.en.html
Oggi, dopo l’aumento dei tassi di interesse di 0,5 punti percentuali, la Presidente @Lagarde dichiara che la BCE continuerà a innalzarli a un ritmo costante affinché l’inflazione torni all’obiettivo del 2%.
Guarda la conferenza stampa https://www.youtube.com/watch?v=z0HCd9g-VzA
Tras subir hoy los tipos de interés 0,5 puntos porcentuales, la presidenta Christine @Lagarde afirma que el BCE seguirá aumentando los tipos a ritmo sostenido para asegurar que la inflación vuelva a su objetivo del 2 %.
Vea la rueda de prensa aquí https://www.youtube.com/watch?v=z0HCd9g-VzA
Après avoir relevé ce jour les taux d’intérêt de 0,5 point de pourcentage, Christine @Lagarde déclare que la BCE continuera d’augmenter régulièrement les taux pour assurer un retour de l’inflation vers l’objectif de 2 %.
Regarder la conférence de presse https://www.youtube.com/watch?v=z0HCd9g-VzA
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
