About: European Central Bank

Economy & Jobs 28-05-2020

Recovery fund brings EU one step closer to fiscal union

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.
Economy & Jobs 27-05-2020

ECB warns virus response could renew fears of euro breakup

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).
Future EU 14-05-2020

German ECB ruling should ‘spur’ more eurozone integration: Merkel

Chancellor Angela Merkel said Wednesday (13 May) that a bombshell ruling on the European Central Bank by Germany's top court should "spur" efforts toward greater eurozone integration.
Economy & Jobs 08-05-2020

ECB will continue doing whatever is necessary to deliver on mandate, Lagarde says

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.
Economy & Jobs 05-05-2020

Top German judges to rule on massive ECB economic support

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.
Economy & Jobs 30-04-2020

All eyes on ECB for bigger virus-fighting moves

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.
Economy & Jobs 27-04-2020

All eyes on ECB for further virus-fighting moves

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.
Economy & Jobs 23-04-2020

ECB says could accept ‘junk’ bonds as collateral for loans

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.
Economy & Jobs 08-04-2020

ECB eases bank funding rules in ‘unprecedented’ step

The European Central Bank on Tuesday (7 April) announced an "unprecedented" easing of collateral requirements in a bid to boost bank lending during the coronavirus crisis.

Parliament urges ECB to put climate at heart of strategy review

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.

Germany’s incoming ECB board member opposes pumping cash into green assets

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).
Economy & Jobs 09-12-2019

Inflation, climate, jargon: ECB launches major review

The European Central Bank's new president Christine Lagarde has announced that the Frankfurt-based institute will soon undertake a strategic review, its first since 2003.
Climate change 29-11-2019

German central banker pushes back on calls for ECB to fight climate change

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.
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 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.
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