Higher interest rates and slower growth are challenging people, firms and governments in the euro area.
Our latest Financial Stability Review looks at the implications of the current environment for the financial system
https://www.ecb.europa.eu/pub/financial-stability/fsr/html/index.en.html
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🐦🔗: https://nitter.cz/ecb/status/1727250943044202594#m
[2023-11-22 09:01 UTC]
R to @ecb: Rising financing costs and sluggish growth imply lower demand for loans and a higher likelihood of borrower defaults, ultimately putting pressure on banks’ balance sheets.
2/3
🐦🔗: https://nitter.cz/ecb/status/1727251052674650291#m
[2023-11-22 09:01 UTC]
R to @ecb: Markets’ optimism has kept them resilient, but that may change in the face of weaker than expected economic growth, persistently high inflation or escalating geopolitical tensions.
Non-banks may also suffer, especially those with low liquidity levels and high leverage.
3/3
🐦🔗: https://nitter.cz/ecb/status/1727251147579420746#m
[2023-11-22 09:02 UTC]
Executive Board Member
https://nitter.cz/Isabel_Schnabel
: Monetary policy in times of stubborn inflation (slides)
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp231121_1~8df317dc17.en.pdf?76934101c71176723673fe96dd406987
🐦🔗: https://nitter.cz/ecb/status/1727013228172185776#m
[2023-11-21 17:16 UTC]
ECB monetary policy is in a phase where we need to be attentive to different forces affecting inflation, but firmly focused on price stability, says President Christine
https://nitter.cz/Lagarde
.
This is not the time to start declaring victory.
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp231121~5438d564cb.en.html
🐦🔗: https://nitter.cz/ecb/status/1727000310697353308#m
[2023-11-21 16:25 UTC]
Higher interest rates are raising financing costs and pushing down residential and commercial real estate prices. What are the risks for banks’ loan books?
Find out in our upcoming Financial Stability Review
https://www.ecb.europa.eu/pub/financial-stability/fsr/special/html/ecb.fsrart202311_02~75cf0710b9.en.html
🐦🔗: https://nitter.cz/ecb/status/1726888413876613426#m
[2023-11-21 09:00 UTC]
Banks must prepare for threats like disinformation campaigns, deepfakes, and cyberattacks, says Supervisory Board member Anneli Tuominen.
In 2024, the ECB’s first cyber stress test will help banks understand their risk profile and become more prepared
https://www.bankingsupervision.europa.eu/press/interviews/date/2023/html/ssm.in231121~4b4e00f97b.en.html
🐦🔗: https://nitter.cz/ecb/status/1726858358068842996#m
[2023-11-21 07:01 UTC]
Bank earnings have reached multi-year highs, yet their share prices are just above pre-pandemic levels. Why is that?
We take a closer look in our upcoming Financial Stability Review
https://www.ecb.europa.eu/pub/financial-stability/fsr/focus/2023/html/ecb.fsrbox202311_05~519e436375.en.html
🐦🔗: https://nitter.cz/ecb/status/1726526297541919162#m
[2023-11-20 09:02 UTC]
Speech Piero Cipollone: The digital euro: a digital form of cash (slides)
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp231117_1~cbdafd0d7c.en.pdf?8964b14201ceca7554e61e7b6c4e3f8e
🐦🔗: https://nitter.cz/ecb/status/1725532175720644917#m
[2023-11-17 15:11 UTC]
Most card-based payments in the euro area are contactless. We keep an eye on developments and trends to make sure our payment systems work smoothly.
Check out our blog post on the ECB data portal for more on contactless payments
https://data.ecb.europa.eu/blog/blog-posts/contactless-payments-euro-area
🐦🔗: https://nitter.cz/ecb/status/1725514661137625457#m
[2023-11-17 14:02 UTC]
Banks need to step up their efforts to manage cyber risks.
Our latest Supervision Newsletter highlights that based on their self-assessments and on-site supervisory inspections, banks need to improve their IT and cybersecurity risk controls.
Read more
https://www.bankingsupervision.europa.eu/press/publications/newsletter/2023/html/ssm.nl231115.en.html
🐦🔗: https://nitter.cz/ecb/status/1725453732131876937#m
[2023-11-17 10:00 UTC]
Europe faces challenges that will require a generational effort to finance, says President Christine
https://nitter.cz/Lagarde
.
The capital markets union is an indispensable project, but we have so far failed to make progress. We need a ‘’Kantian shift” in our approach
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp231117~88389f194b.en.html
🐦🔗: https://nitter.cz/ecb/status/1725432700188729746#m
[2023-11-17 08:36 UTC]
How did the euro area current account balance evolve in September? 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.bp231117~d535977c77.en.html
🐦🔗: https://nitter.cz/ecb/status/1725441537465631053#m
[2023-11-17 09:11 UTC]
It’s like steering a race car camouflaged as a tanker, says Supervisory Board Chair Andrea Enria, reflecting on his five years spent as head of European supervision.
When needed, we are able to rapidly change gear to become very focused and responsive
https://www.bankingsupervision.europa.eu/press/interviews/date/2023/html/ssm.in231115~258ce989fa.en.html
🐦🔗: https://nitter.cz/ecb/status/1725206624883581159#m
[2023-11-16 17:38 UTC]
RT by @ecb: A year after the ESRB’s first ever general warning on vulnerabilities in the EU financial system, some of the risks have materialised, says ESRB Chair Christine @Lagarde. Others have not, but policymakers must still take action to keep them in check.
https://www.esrb.europa.eu/news/speeches/date/2023/html/esrb.sp231116~056c402992.en.html
🐦🔗: https://nitter.cz/ESRBofficial/status/1725114836034482386#m
[2023-11-16 11:33 UTC]
RT by @ecb: Watch from 15:15 CET: ECB Vice-President Luis de Guindos will discuss closing the macroprudential framework in a panel at our seventh #AnnualConference.
Follow live https://www.esrb.europa.eu/news/schedule/2023/html/20231116_7th_annual_conference.en.html
🐦🔗: https://nitter.cz/ESRBofficial/status/1725129298854486482#m
[2023-11-16 12:30 UTC]
RT by @ecb: Tune in at 13:10 CET to see ECB Supervisory Board Chair Andrea Enria in a panel discussion on banking sector turbulence and the lessons learnt for supervision and regulation.
Follow the livestream
https://www.esrb.europa.eu/news/schedule/2023/html/20231116_7th_annual_conference.en.html
🐦🔗: https://nitter.cz/ESRBofficial/status/1725106568256000444#m
[2023-11-16 11:00 UTC]
RT by @ecb: Don’t miss ESRB Chair Christine @Lagarde opening our seventh #AnnualConference on “Financial stability challenges ahead: emerging risks and regulation”.
Follow live from 12:30 CET https://www.esrb.europa.eu/news/schedule/2023/html/20231116_7th_annual_conference.en.html
🐦🔗: https://nitter.cz/ESRBofficial/status/1725075640473268591#m
[2023-11-16 08:57 UTC]
What questions do journalists ask at the ECB monetary policy press conference? It’s not just about monetary policy!
What exactly they focus on depends on where the media outlet is based and the audience they cater to
https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog231115~4250d6401a.en.html
🐦🔗: https://nitter.cz/ecb/status/1724729984315531721#m
[2023-11-15 10:04 UTC]
RT by @ecb: Don’t miss the seventh @ESRB #AnnualConference!
The full programme is now available
https://www.esrb.europa.eu/news/schedule/2023/html/20231116_7th_annual_conference.en.html
🐦🔗: https://nitter.cz/ESRBofficial/status/1724731175879499884#m
[2023-11-15 10:08 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.