About: ECB

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.
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 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 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. 
Economy & Jobs 04-06-2020

ECB doubles down on pandemic response after German ruling

The European Central Bank announced on Thursday (4 June) that it will add €600 billion to its €750 billion bond-buying response against the coronavirus, in its first governing council meeting after Germany’s Constitutional Court ruled against the bank's asset-purchasing programme.
Economy & Jobs 09-05-2020

ESM corona-loans expected to be available from 15 May

The €240 billion in ‘cheap’ loans for countries affected by the coronavirus COVID-19 will be available as from 15 May, 15 days ahead of the expected date, European Stability Mechanism (ESM) chief, Klaus Regling, said on Friday (8 May).