About: ECB

Economy & Jobs 15-09-2017

Dijsselbloem to remain until January amid EU top job rethink

Acting Dutch finance minister, Jeroen Dijssselbloem will continue as Eurogroup President until the end of his mandate in January, various eurozone officials told EURACTIV.com, quashing speculation that he would step down earlier following an election rout at home.

Climate change is everyone’s business – the ECB is no exception

Whilst the European Union is firmly committed to joining the fight against climate change and developing sustainable finance, the significance of the role the European Central Bank can play is being overlooked, write Ludovic Suttor-Sorel and Frank van Lerven.

Economic governance 22-08-2017

HSBC economist: Europe’s south can live with a strong euro

HSBC Germany’s chief economist still sees a bright future for the euro and insists that the heavily-indebted countries of southern Europe should not be put off by the resurgent single currency, in an interview with EURACTIV’s partner WirtschaftsWoche.

Economy & Jobs 15-08-2017

German court passes ECB buck to European judges

Germany's constitutional court said on Tuesday (15 August) it had declined to hear a challenge to the European Central Bank's €2.3 trillion asset purchase scheme, referring the case instead to the European Court of Justice.

Economy & Jobs 07-08-2017

Strong euro worries Europe’s exporters, but little risk to growth

Some European exporters are beginning to worry about the strengthening euro which has rebounded from near parity with the dollar after Donald Trump's election, though analysts see little immediate risk to growth.

Economy & Jobs 27-07-2017

Athens hopeful new bond will open access to ECB funds

Greek Prime Minister Alexis Tsipras on Wednesday (26 July) claimed that his country's first bond sale in three years would help convince the European Central Bank to provide additional liquidity to its struggling economy.

Climate change 08-06-2017

Fighting climate change needs green investment to go mainstream

Ad hoc measures won’t be enough to fight climate change. The EU needs to step up and the ECB should start pumping some of its €60 billion monthly investments into green projects, insists MEP Neena Gill.

Economy & Jobs 08-06-2017

ECB to keep taps open as economic outlook uncertain

The European Central Bank is likely to keep the money taps fully open at its meeting today (8 June) as inflation remains below its target despite stronger economic growth in the eurozone.

Economy & Jobs 06-06-2017

ECB expected to hint at end to easy money

Expectations are high that the European Central Bank will hint that it is heading for the exit from its easy-money policy when governors meet in Estonian capital Tallinn on Thursday (8 June).

Politics 02-06-2017

ECB rejects appeal against hiring of president’s adviser

The European Central Bank has rejected a staff appeal against the handpicking of President Mario Draghi's policy adviser, batting back the most high-profile challenge to date to hiring practices at the Frankfurt-based institution.

Economic governance 05-05-2017

Eurozone to mull Greek debt relief once reforms take place

Eurozone governments will consider medium-term debt relief for Greece as promised in a statement in May 2016 once Athens implements the reforms it agreed to earlier this week, a eurozone official said on Thursday (4 May).

Economic governance 11-04-2017

ECB hails 2016 as best post-crisis year

The European Central Bank judged yesterday (10 April) that it had a successful 2016, claiming in its annual report that it had nurtured economic recovery and that it was the eurozone’s most successful post-crisis year.

Economic governance 28-03-2017

ECB needs greater democratic oversight, TI says

The European Central Bank needs greater oversight and more accountability, as it has strayed into the realm of political decision-making but without the necessary scrutiny, global watchdog Transparency International said in a report on Tuesday(28 March).

Economy & Jobs 02-03-2017

Eurozone surpasses inflation target

Eurostar said on Thursday (2 March) that eurozone inflation surged to a four-year high in January, surpassing the European Central Bank's target of below, but close to 2% thanks to its monetary stimulus.

Economy & Jobs 27-02-2017

Germany insists on no debt relief, Greece shows how much gold it has

Greece must not be granted a "bail in" that would involve creditors taking a loss on their loans, Germany's deputy finance minister said yesterday (26 February), as Athens announced how much gold it has in reserve.

Euro & Finance 14-02-2017

Eurogroup deputy: ‘Grexit is a non-issue’

Eurogroup Working Group President Thomas Wieser told Euractiv Germany that he remains confident the IMF will participate in the Greek bailout programme and that ‘Grexit’ is not even an issue.

Euro & Finance 01-02-2017

For Greece and Its creditors, the clock is ticking

Both Athens and its creditors want to complete the review of Greece’s bailout program before the European electoral season starts in March, making an agreement likely, writes Stratfor.

Euro & Finance 25-01-2017

Cracks appear in ECB united front as top banker goes off message

The European Central Bank (ECB) could soon start planning an exit from its unprecedented stimulus programme, one of its executive board members said yesterday (24 January), in a rare public discussion about ending its asset buying scheme.

Euro & Finance 23-01-2017

ECB: Any country leaving eurozone must settle bill first

Any country leaving the eurozone would have to settle its claims or debts with the bloc's payments system before severing ties, European Central Bank President Mario Draghi has said.

Euro & Finance 20-01-2017

ECB unconvinced by inflation increase, monetary policy unchanged

European Central Bank (ECB) President Mario Draghi yesterday (19 January) announced the institution’s monetary policy would remain unchanged and asked for more patience as the economic recovery continues. EURACTIV Spain reports.

Brexit 19-01-2017

Goldman Sachs to slash London presence due to Brexit

US bank Goldman Sachs will move 1,000 staff from London to Frankfurt as part of a post-Brexit reorganisation that will reduce its City headcount by half, German business daily Handelsblatt reported today (19 January).

Euro & Finance 13-01-2017

ECB takes flak from Berlusconi and Schäuble

The European Central Bank faced a multi-pronged assault today (13 January) as former Italian Prime Minister Silvio Berluscon was revealed to have filed a case against the bank and Germany’s finance minister told it how to do its job.

Euro & Finance 06-01-2017

Embattled Bank of Cyprus pays off bailout loan

Bank of Cyprus, the Mediterranean island's largest lender and one of the largest casualties of the financial crisis, yesterday (5 December) announced it had paid back in full the €11.4 billion in Emergency Liquidity Assistance it received in an international bailout.

Euro & Finance 03-01-2017

Sale of small Italian banks to UBI ‘delayed’ at Commission’s request

The sale of three small Italian banks, rescued in 2015, to bigger rival UBI has been delayed by at least a week at the request of the European Commission, three sources close to the matter have told Reuters.