About: ECB

Economy & Jobs 16-01-2019

Leaders call to complete eurozone on currency’s 20th anniversary

As the euro turns 20, leaders of the EU's main institutions called on member states to complete the reform of the Economic and Monetary Union, admitting mistakes were made in managing the eurozone debt crisis.
Economy & Jobs 02-01-2019

ECB installs temporary administrators at Italian bank

Supervisors at the European Central Bank (ECB) said on Wednesday (2 January) they had ordered temporary administrators to take over floundering Italian lender Banca Carige after most of its board resigned.
Economy & Jobs 28-12-2018

ECB sees global economic slowdown in 2019

The global economy is set to slow down in 2019 and stabilise thereafter, the European Central Bank said on Thursday (27 December), while still expecting prices to rise.
Economy & Jobs 13-12-2018

ECB chief Draghi downgrades economic forecast as risks persist

European Central Bank President Mario Draghi presented on Thursday (13 December) the bank's downgraded economic forecast for the eurozone for this year and next, as uncertainties and risks remain prominent in the region.
Economy & Jobs 13-12-2018

End of an era as ECB shelves quantitative easing program

A chapter of eurozone history will come to a close Thursday (13 December), with the European Central Bank widely expected to withdraw a key element of support for the economy while reassuring observers fearful of the growing risks.
Economy & Jobs 11-12-2018

EU top court rules in favor of Draghi’s bond-buying programme

The European Central Bank (ECB) won a landmark case on Tuesday (11 December) as the European Court of Justice confirmed that the national bond-buying policy was in accordance with EU law, in response to concerns raised in Germany. 

Green transition: ECB and budgetary authorities should face their responsibilities

Reforming the rules for coordinating budgetary and economic policies in the eurozone is a necessity to conciliate economic, social and climate objectives, write Olivier Bodin and Michael Vincent.
Banking union 06-12-2018

Italian Enria to lead EU’s bank watchdog

The head of the European Banking Authority, Andrea Enria, will become the Single Supervisory Mechanism chief in charge of overseeing Europe’s largest banks. The Council endorsed his nomination on Thursday (6 December), concluding the process after the European Parliament also gave its green light.
Economy & Jobs 27-11-2018

ECB urges completion of monetary union in ‘unstable’ world

ECB chief Mario Draghi called for the completion of the eurozone framework and to reduce divergencies between West and East members in order to protect the euro in a more "unstable" world on Monday (26 November).
Banking union 13-11-2018

ECB to assess six Bulgarian banks as step towards Banking Union membership

European Central Bank (ECB) will conduct a comprehensive assessment of six Bulgarian banks as part of the Balkan country's bid to join the European Union's banking union, Bulgaria's central bank said on Monday (12 November).

Climate change will affect EU monetary policy ‘one way or the other’, ECB says

Whether humankind fails or succeeds in keeping the rise in global temperatures within manageable levels, central banks will sooner or later be called upon to act, said Benoît Cœuré, a member of the European Central Bank's (ECB) Executive Board.
Economy & Jobs 25-10-2018

Draghi ‘confident’ about a deal on Italian budget

European Central Bank President Mario Draghi expressed his confidence on Thursday (25 October) about the likelihood of an agreement between the European Commission and the Italian government over Rome's spending plan for next year.
Economy & Jobs 25-10-2018

Course unchanged for ECB as growth worries bubble under

The European Central Bank seems certain to keep policy unchanged on Thursday (25 October) but likely to acknowledge the growth outlook is deteriorating, even if not yet enough to derail a carefully crafted retreat from stimulus.
EU Elections 2019 22-10-2018

European elections amid a looming economic storm

The slowdown of Europe’s economic growth and the risk of a new recession if the ongoing trade war worsens could steer the political agenda in the run-up to next May's European elections.
Economy & Jobs 04-10-2018

Top EU judge backs ECB national bonds purchase policy

The European Central Bank's bond-buying programme does not exceed its mandate and is in accordance with EU law, the European Court of Justice (ECJ) advocate general said on Thursday (4 October), in response to complaints raised in Germany.
Economic governance 25-09-2018

Draghi warns on protectionism as a risk for the Eurozone

The Eurozone should prepare for US and China protectionist measures if they materialise, president of the European Central Bank Mario Draghi said on Monday (24 September) at the European Parliament.

EU admits anti-money laundering rules inefficient, prepares for improved supervision

As recent scandals proved that the new anti-money legislation falls short of monitoring financial flows, the EU is leaning toward stepping up the supervision and enforcement of its rules.
Economy & Jobs 05-09-2018

Latvia: When the United States scolded the ‘Switzerland of the Baltics’

Latvian bank Rietumu has been hit with a fine of €80 million by French judges for having laundered hundreds of millions of euros. EURACTIV France reports in the second part of its Special Report on Latvia.
Economy & Jobs 04-09-2018

Latvia: the eurozone thriller

The investigation into the governor of the central bank of Latvia has put the last country to have entered the Eurozone under the spotlight. EURACTIV carries out a four-part investigation into the Switzerland of the Baltic states.
Economy & Jobs 04-09-2018

Latvia: The governor’s corruption undermines the ECB

Having been put under investigation for corruption at the end of June, the governor of Latvia's central bank is the third member of the ECB governing council to have been implicated in murky deals over the past year. EURACTIV France reports.
Future EU 23-08-2018

Merkel eyes German EU Commission chief: report

Chancellor Angela Merkel is focusing on securing the European Commission presidency for a German candidate, rather than backing Bundesbank chief Jens Weidmann to succeed Mario Draghi at the helm of the European Central Bank (ECB), Handelsblatt reported.
Banking union 20-08-2018

ECB fines France’s Credit Agricole over capital reserves

The European Central Bank announced on Monday (20 August) that it had fined French lender Credit Agricole a total of €4.8 million over past irregularities in the way it declared its capital reserves, Reuters reports.
Banking union 27-06-2018

Money laundering accusations in Latvia cast doubt on ECB credibility

The Governor of the Latvian Central Bank, suspended by the Parliament, continues to face extraordinary accusations. The Commission has promised to set up a working group by the summer to tackle money laundering. EURACTIV.fr reports.
Economy & Jobs 15-06-2018

Mario Draghi: The euro is irreversible

Despite concerns over a potential new euro crisis due to Italian political instability,the president of the European Central Bank,  Mario Draghi, believes the currency is “strong”. EURACTIV’s partner La Tribune reports.