About: ECB

Economy & Jobs 08-04-2022

ECB members divided over inflation response

European Central Bank policymakers disagreed last month on how to respond to runaway inflation and economic uncertainty caused by the Ukraine war, minutes from their meeting showed on Thursday (7 April).
Global Europe 16-03-2022

ECB puts Russians in EU, even residents, under scanner

European Union regulators have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, to ensure that they are not used to circumvent Western sanctions against Moscow, three sources told Reuters.
Economy & Jobs 28-02-2022

Sberbank Europe likely to fail according to European Central Bank

The European Central Bank (ECB) concluded on Monday (28 February) that Sberbank Europe is failing or likely to fail, following considerable withdrawals from the accounts of Sberbank’s European subsidiary over the past week.
Elections 19-01-2022

Presidential candidate Mélenchon ready to push for EU Treaty reform

Jean-Luc Mélenchon, presidential candidate of radical left party La France Insoumise, hopes to push member countries to break away from EU treaties "that block us" if he wins the election in April.
Economy & Jobs 17-01-2022

Price controls enter the European inflation debate

As inflation remains high, politicians and economists turn to other measures to contain prices, and age-old discussions around price controls are flaring up again, with Hungary’s Viktor Orbán putting them into practice.
Economy & Jobs 16-12-2021

ECB plots stimulus exit as inflation looms

European Central Bank policymakers will gather on Thursday (16 December) for a crunch meeting, as soaring inflation heaps pressure on the bank to wind down its stimulus just as a new coronavirus variant threatens to derail the recovery.
Building of the European Central Bank
Economy & Jobs 10-12-2021

What should the European Central Bank do about inflation?

As fears over inflation intensity, analysts caution that while energy costs and supply chain issues exacerbate the problem, the European Central Bank cannot do much to stop it.
Isabel Schnabel
Economy & Jobs 18-11-2021

Bank’s policy may lead to inequality, says ECB board member

In a shift away from European Central Bank orthodoxy, a senior bank executive  has argued that even though the ECB’s monetary policy led to a decrease in labour income inequality, its asset purchase programs would lead to wealth inequality.
ECB-President Christine Lagarde
Economy & Jobs 05-11-2021

ECB chief Lagarde advocates for more women in economics

Only a quarter of senior positions in economics at universities and business schools are held by women, according to a recent study. Christine Lagarde, President of the European Central Bank (ECB), pushes for more women in economics, saying “diversity is key to creating knowledge”.
Economy & Jobs 21-10-2021

Sudden departure of Jens Weidmann, the often lonely ECB voice against easy money

Bundesbank chief Jens Weidmann, who on Wednesday (20 October) announced his decision to stand down more than five years early, led a decade-long fight inside the European Central Bank against the easy-money policies espoused by successive ECB presidents.

ECB policymaker Kazimir charged with bribery, denies wrongdoing

Slovak central bank Governor and European Central Bank governing council member Peter Kažimír has been charged with bribery but denies wrongdoing and will defend himself against the charges, Kazimir and his lawyer said on Tuesday (12 October).
Economic governance 28-09-2021

ECB-Lagarde reacts to MEPs’ inflation fears

European Central Bank chief Christine Lagarde told EU lawmakers on Monday that the recent uptick in inflation was likely to be a temporary phenomenon.
Economy & Jobs 06-09-2021

High inflation looms over ECB meeting

Rising eurozone inflation provides the backdrop for the meeting of European Central Bank governors Thursday (9 September), with markets hoping for hints when policymakers might start easing their massive pandemic-era stimulus.
Economic governance 17-08-2021

The new crusade for fiscal prudence

The frugal alliance stands to gain very little if their campaign for premature fiscal consolidation following the pandemic succeeds, but they risk exposing the entire EU to serious political and economic consequences, writes Anna Peychev.

Beyond the strategy review: the ECB must act on climate

The European Central Bank (ECB)'s new monetary policy is a positive step, but it needs more ambition to tackle its climate problem, warns a group of European lawmakers, environmental activists and economists.
Economy & Jobs 20-07-2021

Expert: Digital euro ‘not clear yet and might not be for a long time’

As the digital euro moves to the experimentation phase, experts criticise the lack of clarity around the project and the decade long delay compared to cryptocurrencies.

ECB pledges to factor climate change more into policy

The European Central Bank said on Thursday (8 July) that it would further incorporate climate change considerations into its monetary policy, including on disclosure, risk assessment, and decisions on collateral and corporate sector asset purchases.
Economy & Jobs 30-06-2021

Lagarde makes a case for ‘green’ capital markets union 

The President of the European Central Bank, Christine Lagarde, on Wednesday (29 June) called for initiatives to create a capital markets union for sustainable finance.

EU watchdog tells banks to have a 10-year climate plan

Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc's banking watchdog said on Wednesday (23 June).
The European Commission is to work alongside the European Central Bank (ECB) in probing a range of 'policy, legal and technical' pitfalls that could emerge as part of plans to introduce a Digital Euro crypto-currency in mid-2021.
Economy & Jobs 18-05-2021

The real reason we need a digital euro

The ECB will decide this summer whether to continue its plans for digitalizing the euro. With bankers pushing back, the major advantage of a digital euro has gained little attention, writes Igor Pejic.
The European Central Bank (ECB) has issued a stark warning on the involvement of Big Tech firms in cryptocurrency projects, warning that such could jeopardise privacy, create further risks to fair competition and even 'endanger monetary sovereignty.'
Technology 11-02-2021

ECB issues stark warning on Big Tech cryptocurrency projects

The European Central Bank (ECB) has issued a stark warning on the involvement of Big Tech firms in cryptocurrency projects, cautioning that such moves could jeopardise privacy, create further risks to competition and even "endanger monetary sovereignty".
Economy & Jobs 08-02-2021

ECB’s Lagarde says cancelling COVID debts ‘unthinkable’

European Central Bank (ECB) chief Christine Lagarde on Sunday (7 February) rejected calls to cancel debts run up by eurozone members to buttress their economies during the COVID-19 crisis.
Economy & Jobs 22-01-2021

Digital euro’s ‘moment of truth’ to come in April

The European Central Bank will decide in spring, most likely in April, whether to move ahead with the preparatory work to launch a digital euro, a complex project that would facilitate payments but could also shake the foundations of the financial system.
Economy & Jobs 21-01-2021

ECB considers not using €1.8 trillion pandemic stimulus in full

The ECB said on Thursday (21 January) that it would not use its €1,850 trillion pandemic bond-buying programme in full if governments and companies can be financed in favourable conditions, signalling a possible tightening of its monetary stimulus in the future.