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: I spoke with youth organisations in the Netherlands about the housing market, energy prices, inflation, sustainable growth and the risks climate change poses for the financial sector. Thanks for having us @DNB_NL!
Croatia’s progress demonstrates its commitment to adopting the euro, says Executive Board member Fabio Panetta at the @europarl_en.
It is another step towards economic and monetary integration, underpinning our collective economic strength and sovereignty
https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220601_1~0a8d84186b.en.html
RT @ecb: Croatia fulfils all criteria for euro adoption as of 2023, our latest Convergence Report sho…
RT @NGFS_: Today, the #NGFS published its new work program, detailing its priorities for the next two years. Our work is now structured along four workstreams and two task forces.
▶ Read more: https://www.ngfs.net/en/communique-de-presse/ngfs-publishes-its-2022-2024-work-program
Let's keep up the good work!
@MAS_sg
Croatia could become the euro area’s 20th member from next year, our assessment finds.
This shows that the single currency and economic and monetary integration in Europe remain attractive goals.
Watch the video message by Chief Economist Philip R. Lane ⬇️
Croatia fulfils all criteria for euro adoption as of 2023, our latest Convergence Report shows.
Other non-euro area EU countries have made limited progress in meeting the requirements to join the euro area, mainly due to challenging economic conditions https://www.ecb.europa.eu/pub/convergence/html/ecb.cr202206~e0fe4e1874.en.html
RT @FrankElderson: It was a pleasure to speak to Dutch youth organisations with @KlaasKnot. Thank you @DNB_NL and @SanderSchimmelp for hosting this event!
Live at 17:15 CET: Executive Board member Fabio Panetta and European Commission Executive Vice-President @VDombrovskis discuss the ECB’s and Commission’s latest convergence reports in a meeting of the Euro Accession Countries Working Group.
Follow here https://multimedia.europarl.europa.eu/en/webstreaming/econ-committee-meeting_20220601-1715-COMMITTEE-ECON
RT @BIS_org: Live now - The heads of @BancoCentralBR @BIS_org @ecb @banquedefrance and #PBoC discuss central banks and the green transition at the #GreenSwanConference https://www.youtube.com/watch?v=rGdGLCnzd8o
Working Paper: Temporal networks in the analysis of financial contagion https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2667~231d6bc4aa.en.pdf
The total value of assets held by euro area insures fell by €329 billion over the first quarter of 2022. This is the largest quarterly decline since the start of 2020. A fall in the value of bond holdings was the main cause.
Read our press release https://www.ecb.europa.eu/press/pr/stats/icb/html/ecb.icb2022q1~b8f6b1bcbf.en.html
RT @BIS_org: Live today at 1 pm CEST – A debate on the green transition and #CentralBanks, by central banks. With Agustín Carstens, Yi Gang, Christine Lagarde, Roberto de Oliveira Campos Neto & François Villeroy de Galhau #GreenSwanConference https://www.bis.org/events/green_swan_2022/overview.htm
RT @BIS_org: Do not miss day 2 of the #GreenSwanConference on 1 June. Watch the livestream on the BIS website and YouTube channel https://www.youtube.com/watch?v=rGdGLCnzd8o
Firms also anticipate the continuation of upward pressures on selling prices in the coming months, due to high inflation expectations as well as higher input prices. Expectations for future turnover remain positive.
Take a look at the results https://www.ecb.europa.eu/stats/ecb_surveys/safe/html/ecb.safe2021H2~bba4474fd3.en.html
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🧵 Our latest survey on the access to finance of enterprises shows business activity continued to recover between October 2021 and March 2022, despite the impact of the war in Ukraine and surging input costs https://www.ecb.europa.eu/stats/ecb_surveys/safe/html/index.en.html
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Although the availability of external funding was broadly in line with financing demands, firms reported a tightening of financing conditions and the expectation that the availability of funding will deteriorate
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Euro area insurance corporation statistics (Q1 2022) https://www.ecb.europa.eu/press/pr/stats/icb/html/ecb.icb2022q1~b8f6b1bcbf.en.html
How has financial stability been doing since Russia’s invasion of Ukraine? What risks are we keeping an eye on, for instance in the crypto-asset and housing markets?
Tune in to #TheECBPodcast with experts Tamarah Shakir, @JohnPCFell and host @KatieRanger_ https://pod.link/ecbpodcast/episode/b580f8c0f00f82f926711ab7a5d42cce
🧵 Credibility counts!
Green finance is growing. But only the most credible green bonds seem to benefit from cheaper funding, trading at a “greenium” – a green premium – with lower yields than conventional bonds 1/2
Common standards are needed to reassure investors that green bonds can finance the transition to a low-carbon economy effectively.
Read more in our Financial Stability Review https://www.ecb.europa.eu/pub/financial-stability/fsr/html/ecb.fsr202205~f207f46ea0.en.html?utm_source=twitter&utm_medium=social&utm_campaign=fsrmay2022_postpubhighlight2#toc34 2/2
RT @Lagarde: Live from 13:00 CET tomorrow: I’m delighted to join the #GreenSwanConference panel to discuss what’s next for central banks in the green transition.
Follow the event here https://www.bis.org/events/green_swan_2022/overview.htm
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
