Climate change will be key to the review of the European Central Bank's policy, its president, Christine Lagarde, announced on Monday (25 January), marking a possible shift towards 'greener' monetary policy.
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.
Italy enjoyed oversized purchases of its government debt by the European Central Bank in June and July, standing out as the main beneficiary of ECB efforts to support the virus-stricken euro zone economy, data showed on Monday (3 August).
European Central Bank governors are expected to refrain from doling out fresh stimulus medicine Thursday, hoping EU leaders will do their bit to shore up the crisis-hit region with a huge coronavirus recovery plan.
European Central Bank chief Christine Lagarde on Wednesday (8 July) said she would consider "every avenue available" to tackle climate change, signalling that the bank could use its massive stimulus scheme to target green bonds.
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.
Most analysts expect the European Central Bank on Thursday (4 June) to beef up its emergency bond-buying scheme with hundreds of billions of euros to weather the coronavirus pandemic, providing governments with the breathing space to decide their own response.
A European Commission plan to issue large amounts of common EU bonds under a coronavirus recovery fund potentially marks the first step towards the euro zone finally getting a region-wide safe-haven asset, investors said.
A vast fiscal fightback to the coronavirus crisis unleashed by eurozone governments could raise questions about capitals' ability to repay debts and revive the threat of countries exiting the single currency, the European Central Bank warned Tuesday (26 May).
European Central Bank chief Christine Lagarde has responded to a recent German court ruling that challenged the bank's authority by saying the ECB is an independent institution, accountable to the European Parliament, that will continue to do whatever it takes to deliver its mandate.
Germany's top court will rule Tuesday (5 May) on mass bond-buying by the European Central Bank, a tool the Frankfurt institution has deployed like never before to cushion the impact of the coronavirus.
The European Central Bank could reiterate Thursday (30 April) its power to do more still to cushion the eurozone economy from the impact of the novel coronavirus, analysts said, while maintaining pressure on governments to agree a joint response.
The European Central Bank has launched a series of never-before-seen measures to cushion the economic blow from the coronavirus pandemic but it looks set to reaffirm Thursday (30 April) it will do more still, even if some of the options appear limited.
European Central Bank governors agreed Wednesday (22 April) that banks could put up so-called "junk" bonds as collateral when borrowing from the Frankfurt institution, in case eurozone governments and firms see their credit ratings downgraded as they grapple with the coronavirus pandemic.
EU member states should not have to choose between financing the COVID-19 response, undertaking crucial long-term investments to tackle the climate crisis, and debt sustainability, write Irene Monasterolo and Ulrich Volz.
Despite continuous efforts by all decision-makers to reform and strengthen the Economic and Monetary Union, the European Economic and Social Committee (EESC) believes that its architecture still remains to be completed, writes Stefano Palmieri.
EU lawmakers have called on the European Central Bank (ECB) to put climate change at the centre of the bank’s review of its monetary policy strategy this year, endorsing the bank’s chief vision for “gradually eliminating” carbon assets. EURACTIV's media partner Climate Home News reports.
In an interview with EURACTIV France, socialist MEP Pierre Larrouturou deplored the meagre €7.5 billion proposed in the European Commission's Just Transition Fund. To finance EU climate action, he suggests some of the ECB's "easy money" could fuel the European Investment Bank (EIB) instead of going into private banks.
The European Central Bank should not favour so-called "green" assets in its multi-trillion-euro bond-buying programme or its work as bank supervisor, incoming ECB board member Isabel Schnabel said in an interview published on Monday (30 December).
Bundesbank chief Jens Weidmann on Thursday (28 November) batted back calls for the European Central Bank to take a bigger role in protecting the environment, saying it was up to goverments and not the ECB to fight climate change.
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