About: ECB

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.'
Digital & Media 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.
Economy & Jobs 10-12-2020

ECB adopts third pandemic stimulus amid risks of double-dip recession 

The European Central Bank increased on Thursday its monetary stimulus by €500 billion against the fallout of the pandemic measures as the risk of a double-dip recession in the euro  area lingers and the uncertainty surrounding the recovery remains.
Economy & Jobs 04-12-2020

Can EU economies grow enough to repay the increasing debt?

The COVID pandemic is putting pressure on the sustainability of some European economies, prompting some to argue that economic growth and monetary support from the European Central Bank will not be sufficient and that public debt should be renegotiated.
Economy & Jobs 26-11-2020

The ECB Strategy Review – exorcising the ghosts of crises past

The European Central Bank's strategy review is a chance for the EU to exorcise its past mistakes in developing monetary union, writes Anna Peychev.
Economy & Jobs 19-11-2020

Lagarde vows to act ‘with determination’ against second wave

European Central Bank President Christine Lagarde said on Thursday (19 November) that the institution will act "with determination” against the second wave of the pandemic, ahead of the new monetary stimulus she is expected to announce in December.
Economy & Jobs 13-10-2020

Lagarde warns against virus support ‘cliff edge’

European Central Bank president Christine Lagarde warned governments on Monday (12 October) against pulling pandemic support schemes too quickly as eurozone economies struggle to recover from the coronavirus crisis.
Brexit 10-09-2020

Lagarde hopes for EU-UK deal in spite of ‘negotiation posturing’

European Central Bank President Christine Lagarde voiced hope on Thursday (10 September) that EU-UK negotiations on a post-Brexit trade deal will lead to a positive outcome, in spite of the “negotiation posturing” seen in recent days.
Economy & Jobs 04-08-2020

ECB committed to stimulus with outlook ‘highly uncertain’, chief economist says

The European Central Bank is committed to supporting the euro zone's economy amid the coronavirus pandemic, using its massive bond purchases as its main tool, chief economist Philip Lane said on Tuesday (4 August).
Economy & Jobs 30-06-2020

ECB stimulus plan meets court requirements, says German finance minister

The European Central Bank (ECB) has met the principle of proportionality with its flagship stimulus programme, Germany's finance minister and lawmakers said, ending a legal conflict that threatened to undermine central bank policy.
Economy & Jobs 08-06-2020

Lagarde warns of market turbulences if no quick adoption of recovery fund

European Central Bank President Christine Lagarde called on member states on Monday (8 June) to urgently adopt the EU recovery plan, saying any delay could create “negative spillovers” in the markets and increase the costs of overcoming the recession.