About: European Central Bank

Economic governance 12-09-2019

All signs point towards recession in Germany

The ifo Institute for Economic Research has lowered its forecast for Germany's economic growth for 2019 and 2020. Instead of the previously predicted 0.6%, the institute now expects a 0.5% growth rate for 2019. A potential hard Brexit and escalation of trade wars with the US were not taken into account. EURACTIV Germany reports.

European Central Bank should ‘gradually eliminate’ carbon assets, Lagarde says

The European Central Bank should phase out climate-warming investments by preferring green bonds, Christine Lagarde said as she pitched to become the bank’s first female president. EURACTIV's media partner Climate Home News reports.
EU Elections 2019 20-06-2019

France and Germany still at odds over EU top jobs

As the 28 EU leaders meet on Thursday (20 June) to appoint the new leaders of the European institutions, it is still uncertain whether they will reach an agreement on the EU's top jobs, with Franco-German tensions simmering in the background. EURACTIV France reports.
Economy & Jobs 13-06-2019

Trade tensions boosted international role of euro, ECB reports

Trade tensions, challenges to multilateralism and unilateral sanctions might be bad for the economy but they have helped boost the global use of the euro, the European Central Bank reported on Thursday (13 June).
Economy & Jobs 13-06-2019

Far from ‘devalued’, euro surges as trade war hits yuan

If evidence is needed of how far ripples from the Sino-US trade war are reaching, have a look at Europe where the yuan’s slump is driving up the euro’s value against trade partners’ currencies, handicapping the export-reliant bloc’s economy. Contrary...
Economic governance 23-05-2019

EU top court rejects ECB compensations for investors affected by Greek crisis

The EU's top court ruled on Thursday (23 May) against demands for the European Central Bank to compensate private investors affected by the restructuring of the Greek public debt in 2012.
Economy & Jobs 07-05-2019

Austrian chief economist: ‘A lot can still be done to complete the euro zone’

The Austrian national bank (OeNB) hosted its annual conference on 20 years of the euro on 2 and 3 May. In an interview with EURACTIV, the bank's chief economist explains how the euro zone debt crisis changed the economic "tool box" of the EU currency and spells out the challenges ahead.
Economic governance 21-01-2019

ECB reshuffle: The EU can do better than gentlemen’s agreements behind closed doors

Appointments to the European Central Bank's Executive Board are no less than a strategic and political decision over the future of the Eurozone. But experience has shown this process is not transparent, open, and democratic enough to protect the ECB from its legitimacy gap, argue Stanislas Jourdan and Sebastian Diessner.

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.
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.
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.
Economic governance 20-02-2018

More banker than politician? De Guindos faces ECB litmus test

Widely credited with steering Spain through its worst recession in decades, its outgoing Economy Minister Luis de Guindos will hope to bring pragmatism and tenacity to the European Central Bank when he takes over as vice president in June.
Economic governance 20-02-2018

Eurogroup picks ‘pragmatic’ De Guindos for ECB vice-presidency

Eurozone finance ministers chose Spanish Economy Minister Luis de Guindos to become the next vice-president of the European Central Bank (ECB), marking the return of Spain to top EU posts after the country lost its chair in the bank's Executive Council.
Banking union 02-02-2018

Grim scenario for bank stress tests, says EU watchdog

The European Banking Authority has launched its third wave of stress tests conducted on 48 European banks. EURACTIV's partner La Tribune reports.
Economy & Jobs 29-01-2018

Jens Weidmann – the anti-Draghi?

Next year, there will be a change at the helm of the European Central Bank (ECB). Speculation about Mario Draghi’s successor is in full swing. One controversial name is appearing over and over again: Jens Weidmann, the President of the Deutsche Bank. EURACTIV Germany reports.
Economy & Jobs 26-10-2017

ECB to chart end to easy money

European Central Bank governors are expected on Thursday (26 October) to begin weaning the eurozone off the high doses of support they prescribed in recent years but they remain far away from reaching their elusive inflation target.
Economy & Jobs 22-09-2017

European Central Bank: Immigration boosts eurozone labour force

Immigrants have made a large contribution to the working-age population of the eurozone since 2013 and are likely also boosting its labour force, particularly in Italy and Germany, the European Central Bank said.
Economic governance 30-08-2017

Germany warned against eurozone reform complacency ahead of election

The political will to keep the eurozone together is eroding inexorably, warns Leo Hoffmann-Axthelm from Transparency International. In an interview, he reminds German politicians about their responsibility in the eurozone crisis, calling for vital governance reforms to be adopted after the September election.
Elections 30-08-2017

Transparency International: German criticism of ECB ‘a tad dishonest’

As Germany prepares for general elections in September, Leo Hoffmann-Axthelm reminds about Berlin’s responsibility in the politicisation of the European Central Bank (ECB), saying it is largely due to German inaction during the Eurozone crisis.
Economy & Jobs 07-08-2017

Strong euro worries Europe’s exporters, but little risk to growth

Some European exporters are beginning to worry about the strengthening euro which has rebounded from near parity with the dollar after Donald Trump's election, though analysts see little immediate risk to growth.
Banking union 13-06-2017

EU seeks post-Brexit powers over London euro clearing

The EU unveiled plans Tuesday (13 June) to give itself powers to force a huge slice of London's banking business out of the UK after Brexit in a blow to the city's supremacy as a global financial hub.
Economy & Jobs 06-06-2017

ECB expected to hint at end to easy money

Expectations are high that the European Central Bank will hint that it is heading for the exit from its easy-money policy when governors meet in Estonian capital Tallinn on Thursday (8 June).
Economic governance 28-03-2017

ECB needs greater democratic oversight, TI says

The European Central Bank needs greater oversight and more accountability, as it has strayed into the realm of political decision-making but without the necessary scrutiny, global watchdog Transparency International said in a report on Tuesday(28 March).
12-12-2016

The Brief: LuxLeaks whistleblowers’ trial is a disgrace

It is hard to care about Luxembourg. But recently, I have developed strong feelings of dislike for it.

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